Cabela's 2011 Annual Report Download - page 12

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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 state of the economy and the level of discretionary consumer spending, including changes in
consumer preferences and demographic trends;
• adverse changes in the capital and credit markets or the availability of capital and credit;
• our ability to successfully execute our multi-channel strategy;
• increasing competition in the outdoor sporting goods industry and for credit card products and
reward programs;
• the cost of our products, including increases in fuel prices;
• the availability of our products due to political or financial instability in countries where the goods we
sell are manufactured;
• supply and delivery shortages or interruptions, and other interruptions or disruptions to our systems,
processes, or controls, caused by system changes or other factors;
• increased government regulations, including regulations relating to firearms and ammunition;
• our ability to protect our brand, intellectual property, and reputation;
• the outcome of litigation, administrative, and/or regulatory matters (including a Commissioner’s charge
we received from the Chair of the U. S. Equal Employment Opportunity Commission (“EEOC”) in
January 2011);
• our ability to manage credit, liquidity, interest rate, operational, legal, and compliance risks;
• our ability to increase credit card receivables while managing credit quality;
• our ability to securitize our credit card receivables at acceptable rates or access the deposits market at
acceptable rates;
• the impact of legislation, regulation, and supervisory regulatory actions in the financial services industry,
including the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Reform Act”); 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.