Safeway 2013 Annual Report Download - page 4

Table of Contents
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This Annual Report on Form 10-K for Safeway Inc. (“Safeway,” the “Company,” “we” or “our”) contains certain forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We also provide
forward-looking statements in other materials which are released to the public, as well as oral forward-looking statements . Forward-looking
statements contain information about our future operating or financial performance. Forward-looking statements are based on our current
expectations and involve risks and uncertainties, which may be beyond our control, as well as assumptions. If assumptions prove to be
incorrect or if known or unknown risks and uncertainties materialize into actual events or circumstances, actual results could differ materially
from those included in or contemplated or implied by these statements. Forward-looking statements do not strictly relate to historic or current
facts. Forward-looking statements are indicated by words or phrases such as “continuing,” “ongoing,” “expects,” “estimates,” “anticipates,”
“believes,” “guidance” and similar words or phrases and the negative of such words or phrases.
This Annual Report on Form 10-K includes forward-looking statements relating to, among other things: a potential transaction involving the
sale of the Company; the distribution of the our shares of Blackhawk Network Holdings, Inc. ("Blackhawk") to our stockholders; the potential
monetization of our ownership interest in Casa Ley S.A. de C.V. ("Casa Ley"); changes to the total closed store reserve; uses of cash; ability
to borrow under commercial paper program and/or bank credit facilities; sufficiency of liquidity; repayment of borrowings and debt reduction;
interest expense; indemnification obligations; dividend payments on common stock; cash capital expenditures; outcomes of legal
proceedings; the effect of new accounting standards; compliance with laws and regulations; amount of indebtedness; realization of deferred
tax liability; expansion of proprietary private-label brands; sale of Dominick's locations; multiemployer pension plan withdrawal liability;
pension plan expense and contributions; obligations and contributions under benefit plans; the rate of return on pension assets; amounts to
be recognized as a component of net periodic benefit cost; results of shrink programs; unrecognized tax benefits; unrecognized compensation
cost; and repurchases of common stock. The following are among the principal factors that could cause actual results to differ materially from
those included in or contemplated or implied by the forward-looking statements:
•The Company's ability to consummate a transaction involving the sale of the Company;
•The Company's ability to execute plans to distribute its Blackhawk stock to Safeway stockholders;
•The Company's ability to monetize its investment in Casa Ley;
•General business and economic conditions in our operating regions, including the rate of inflation or deflation, consumer spending
levels, currency valuations, population, employment and job growth and/or losses in our markets;
•Sales volume levels and price per item trends;
•Pricing pressures and competitive factors, which could include pricing strategies, store openings, remodels or acquisitions by our
competitors;
•Results of our programs to control or reduce costs, improve buying practices and control shrink;
•Results of our programs to increase sales;
•Results of our continuing efforts to expand corporate brands;
•Results of our programs to improve our perishables and center of store departments;
•The impact of generic drugs on pharmacy sales and identical-store sales;
•Results of our promotional programs;
•Results of our capital program;
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