Supercuts 2004 Annual Report Download - page 54

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Table of Contents
SAFE HARBOR PROVISIONS UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This annual report, as well as information included in, or incorporated by reference from, future filings by the Company with the Securities and
Exchange Commission and information contained in written material, press releases and oral statements issued by or on behalf of the Company
contains or may contain “forward-looking statements” within the meaning of the federal securities laws, including statements concerning
anticipated future events and expectations that are not historical facts. These forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements in this document reflect management’
s best
judgment at the time they are made, but all such statements are subject to numerous risks and uncertainties, which could cause actual results to
differ materially from those expressed in or implied by the statements herein. Such forward-looking statements are often identified herein by
use of words including, but not limited to, “may,” “believe,” “project,” “forecast,” “expect,” “estimate,” “anticipate,” and “plan.” In addition,
the following factors could affect the Company’s actual results and cause such results to differ materially from those expressed in forward-
looking statements. These factors include competition within the personal hair care industry, which remains strong, both domestically and
internationally, and price sensitivity; changes in economic condition; changes in consumer tastes and fashion trends; labor and benefit costs;
legal claims; risk inherent to international development (including currency fluctuations); the continued ability of the Company and its
franchisees to obtain suitable locations and financing for new salon development; governmental initiatives such as minimum wage rates, taxes
and possible franchise legislation; the ability of the Company to successfully identify and acquire salons that support its growth objectives; or
other factors not listed above. The ability of the Company to meet its expected revenue growth is dependent on salon acquisitions, new salon
construction and same-store sales increases, all of which are affected by many of the aforementioned risks. Additional information concerning
potential factors that could affect future financial results is set forth the Company’s Form S-3 Registration Statement filed with the Securities
and Exchange Commission on June 4, 2004. We undertake no obligation to publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise. However, your attention is directed to any further disclosures made in our
subsequent annual and periodic reports filed or furnished with the SEC on Forms 10-Q and 8-K and Proxy Statements on Schedule 14A.
42