Cabela's 2008 Annual Report Download - page 7

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2
Special Note Regarding Forward-Looking Statements
This report contains “forward-looking statements” that are based on our beliefs, assumptions, and expectations
of future events, taking into account the information currently available to us. All statements other than statements
of current or historical fact contained in this report are forward-looking statements within the meaning of the Private
Securities Litigation Reform Act. The words “believe,” “may,” “should,” “anticipate,” “estimate,” “expect,” “intend,”
“objective,” “seek,” “plan,” and similar statements are intended to identify forward-looking statements. Forward-
looking statements involve risks and uncertainties that may cause our actual results, performance, or financial
condition to differ materially from the expectations of future results, performance, or financial condition we express
or imply in any forward-looking statements. These risks and uncertainties include, but are not limited to:
• the level of discretionary consumer spending;
• the strength of the economy;
• changes in the capital and credit markets or the availability of capital and credit;
• our ability to comply with the financial covenants in our credit agreements;
• counterparty risk on our unsecured revolving credit facility;
• changes in consumer preferences and demographic trends;
• our ability to successfully execute our multi-channel strategy;
• the ability to negotiate favorable purchase, lease, and/or economic development arrangements for new
retail store locations;
• expansion into new markets;
• market saturation due to new retail store openings;
• the rate of growth of general and administrative expenses associated with building a strengthened corporate
infrastructure to support our growth initiatives;
• increasing competition in the outdoor segment of the sporting goods industry;
• the cost of our products;
• trade restrictions;
• political or financial instability in countries where the goods we sell are manufactured;
• adverse fluctuations in foreign currencies;
• increases in postage rates or paper and printing costs;
• supply and delivery shortages or interruptions caused by system changes or other factors;
• adverse or unseasonal weather conditions;
• fluctuations in operating results;
• the cost of fuel increasing;
• road construction around our retail stores;
• labor shortages or increased labor costs;
• increased government regulation, including regulations relating to firearms and ammunition;
• inadequate protection of our intellectual property;
• our ability to protect our brand and reputation;
• changes in accounting rules applicable to securitization transactions;
• our ability to manage credit and liquidity risks;
• any downgrade of the ratings on the outstanding notes issued by our Financial Services business’
securitization trust;
• our ability to securitize our credit card receivables at acceptable rates or access the deposits market;
• decreased interchange fees received by our Financial Services business as a result of credit card industry
litigation;
• other factors that we may not have currently identified or quantified; and
• other risks, relevant factors, and uncertainties identified in the “Risk Factors” section of this report.
Given the risks and uncertainties surrounding forward-looking statements, you should not place undue reliance
on these statements. Our forward-looking statements speak only as of the date of this report. Other than as required
by law, we undertake no obligation to update or revise forward-looking statements, whether as a result of new
information, future events, or otherwise.