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SWY » Topics » Forward-Looking Statements

This excerpt taken from the SWY 10-K filed Mar 2, 2010.

FORWARD-LOOKING STATEMENTS

This Annual Report on Form 10-K for Safeway Inc. (“Safeway” or the “Company”) 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. The Company also provides 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: changes in retail square footage and store count; changes to the total closed store reserve; uses of cash; sufficiency of liquidity; 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; pension plan expense and contributions; obligations and payments under benefit plans; the rate of return on pension assets; total unrecognized tax benefits; amount of indebtedness; and Lifestyle stores. 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:

 

•  

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 in our markets;

•  

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 departments;

•  

Results of our promotional programs;

•  

Results of our capital program;

•  

Results of our efforts to improve working capital;

•  

Results of any ongoing litigation in which we are involved or any litigation in which we may become involved;

•  

The resolution of uncertain tax positions;

•  

The ability to achieve satisfactory operating results in all geographic areas where we operate;

•  

Changes in the financial performance of our equity investments;

•  

Labor costs, including benefit plan costs and severance payments, or labor disputes that may arise from time to time and work stoppages that could occur in areas where certain collective bargaining agreements have expired or are on indefinite extensions or are scheduled to expire in the near future;

•  

Failure to fully realize or delay in realizing growth prospects for new business ventures, including Blackhawk Network Holdings, Inc. (“Blackhawk”);

•  

Legislative, regulatory, tax, accounting or judicial developments, including with respect to Blackhawk;

•  

The cost and stability of fuel, energy and other power sources;

•  

The impact of the cost of fuel on gross margin and identical-store sales;

•  

Discount rates used in actuarial calculations for pension obligations and self-insurance reserves;

•  

The rate of return on our pension assets;

•  

The availability and terms of financing, including interest rates and our ability to issue commercial paper or issue public debt or to borrow under our lines of credit as a result of current financial market conditions;

•  

Adverse developments with regard to food and drug safety and quality issues or concerns that may arise;

•  

Loss of a key member of senior management;

•  

Data security or other information technology issues that may arise;

 

4

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SAFEWAY INC. AND SUBSIDIARIES

 

•  

Unanticipated events or changes in real estate matters, including acquisitions, dispositions and impairments;

•  

Adverse weather conditions and effects from natural disasters;

•  

Performance of new business ventures or other opportunities that we pursue, including Blackhawk; and

•  

The capital investment in and financial results from our Lifestyle stores.

We undertake no obligation to update forward-looking statements to reflect new information, events or developments after the date hereof. For additional information regarding these risks and uncertainties, see “Item 1A. Risk Factors.” These are not intended to be a discussion of all potential risks or uncertainties, as it is not possible to predict or identify all risk factors.

This excerpt taken from the SWY 10-Q filed May 1, 2009.

Forward-Looking Statements

This Quarterly Report on Form 10-Q 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 (“Exchange Act”). 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 “will,” “may,” “continuing,” “ongoing,” “expects,” “estimates,” “anticipates,” “believes,” “guidance” and similar words or phrases and the negative of such words or phrases.

This Quarterly Report on Form 10-Q includes forward-looking statements, including forward-looking statements relating to pension plan contributions; unrecognized tax benefits; income tax expense; income tax refunds; sufficiency of liquidity for the foreseeable future; price investments; promotional spending; capital expenditures; and Lifestyle stores. 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:

 

  •  

General business and economic conditions in our operating regions, including the rate of inflation, consumer spending levels, currency valuations, population, employment and job growth in our markets;

 

  •  

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 departments;

 

  •  

Results of our promotional programs;

 

  •  

Results of our capital program;

 

  •  

Results of our efforts to improve working capital;

 

  •  

Results of any ongoing litigation in which we are involved or any litigation in which we may become involved;

 

  •  

The resolution of uncertain tax positions;

 

  •  

The ability to achieve satisfactory operating results in all geographic areas where we operate;

 

  •  

Changes in the financial performance of our equity investments;

 

  •  

Labor costs, including benefit plan costs and severance payments, or labor disputes that may arise from time to time and work stoppages that could occur in areas where certain collective bargaining agreements have expired or are on indefinite extensions or are scheduled to expire in the near future;

 

  •  

Failure to fully realize or delay in realizing growth prospects for new business ventures, including Blackhawk Network Holdings, Inc. (“Blackhawk”);

 

  •  

Legislative, regulatory, tax, accounting or judicial developments, including with respect to Blackhawk;

 

  •  

The cost and stability of fuel, energy and other power sources;

 

  •  

The impact of the cost of fuel on gross margin and identical-store sales;

 

  •  

Discount rates used in actuarial calculations for pension obligations and self-insurance reserves;

 

  •  

The rate of return on our pension assets;

 

  •  

The availability and terms of financing, including interest rates and our ability to issue commercial paper or issue public debt or to borrow under our lines of credit as a result of current financial market conditions;

 

  •  

Adverse developments with regard to food and drug safety and quality issues or concerns that may arise;

 

  •  

Loss of a key member of senior management;

 

17

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SAFEWAY INC. AND SUBSIDIARIES

This excerpt taken from the SWY DEF 14A filed Mar 27, 2009.

Forward-Looking Statements

 

This Proxy Statement contains “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. These statements are based on our current expectations and involve risks and uncertainties, which may cause results to differ materially from those set forth in the statements. The forward-looking statements may include statements regarding actions to be taken by us. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Forward-looking statements should be evaluated together with the many uncertainties that affect our business, particularly those mentioned in the section on forward-looking statements and in the risk factors in Item 1A of our Annual Report on Form 10-K for the fiscal year ended January 3, 2009 (the “2008 10-K”) and in our periodic reports on Form 10-Q and Form 8-K.

 

3

Table of Contents
This excerpt taken from the SWY 10-K filed Mar 3, 2009.

FORWARD-LOOKING STATEMENTS

This Annual Report on Form 10-K for Safeway Inc. (“Safeway” or the “Company”) 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. The Company also provides 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: changes in retail square footage and store count; improved inventory shrink; changes to the total closed store reserve; uses of cash; ability to borrow under bank credit facilities; sufficiency of liquidity; indemnification obligations; dividend payments on common stock; cash capital expenditures; efforts to revitalize operations in certain markets; outcomes of legal proceedings; the effect of new accounting standards; compliance with laws and regulations; pension plan expense and contributions; obligations and payments under benefit plans; the rate of return on pension assets; total unrecognized tax benefits; amount of indebtedness; and Lifestyle stores. 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:

 

•  

General business and economic conditions in our operating regions, including the rate of inflation, consumer spending levels, currency valuations, population, employment and job growth in our markets;

•  

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 departments;

•  

Results of our promotional programs;

•  

Results of our capital program;

•  

Results of our efforts to improve working capital;

•  

Results of any ongoing litigation in which we are involved or any litigation in which we may become involved;

•  

The resolution of uncertain tax positions;

•  

The ability to achieve satisfactory operating results in all geographic areas where we operate;

•  

Changes in the financial performance of our equity investments;

•  

Labor costs, including benefit plan costs and severance payments, or labor disputes that may arise from time to time and work stoppages that could occur in areas where certain collective bargaining agreements have expired or are on indefinite extensions or are scheduled to expire in the near future;

•  

Failure to fully realize or delay in realizing growth prospects for new business ventures, including Blackhawk Network Holdings, Inc. (“Blackhawk”);

•  

Legislative, regulatory, tax, accounting or judicial developments, including with respect to Blackhawk;

•  

The cost and stability of fuel, energy and other power sources;

•  

The impact of the cost of fuel on gross margin and identical-store sales;

•  

Discount rates used in actuarial calculations for pension obligations and self-insurance reserves;

•  

The rate of return on our pension assets;

•  

The availability and terms of financing, including interest rates and our ability to issue commercial paper or issue public debt or to borrow under our lines of credit as a result of current financial market conditions;

•  

Adverse developments with regard to food and drug safety and quality issues or concerns that may arise;

•  

Loss of a key member of senior management;

•  

Data security or other information technology issues that may arise;

 

4

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SAFEWAY INC. AND SUBSIDIARIES

 

•  

Unanticipated events or changes in real estate matters, including acquisitions, dispositions and impairments;

•  

Adverse weather conditions;

•  

Performance in new business ventures or other opportunities that we pursue, including Blackhawk; and

•  

The capital investment in and financial results from our Lifestyle stores.

We undertake no obligation to update forward-looking statements to reflect new information, events or developments after the date hereof. For additional information regarding these risks and uncertainties, see “Item 1A. Risk Factors.” These are not intended to be a discussion of all potential risks or uncertainties, as it is not possible to predict or identify all risk factors.

This excerpt taken from the SWY 10-Q filed Jul 17, 2008.

Forward-Looking Statements

This Quarterly Report on Form 10-Q 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 (“Exchange Act”). 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 “will,” “may,” “continuing,” “ongoing,” “expects,” “estimates,” “anticipates,” “believes,” “guidance” and similar words or phrases and the negative of such words or phrases.

 

18

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SAFEWAY INC. AND SUBSIDIARIES

This excerpt taken from the SWY 10-Q filed Apr 28, 2008.

Forward-Looking Statements

This Quarterly Report on Form 10-Q 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 (“Exchange Act”). 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 “will,” “may,” “continuing,” “ongoing,” “expects,” “estimates,” “anticipates,” “believes,” “guidance” and similar words or phrases and the negative of such words or phrases.

This Quarterly Report on Form 10-Q includes forward-looking statements, including forward-looking statements relating to pension plan contributions; uncertain tax positions; amount of unrecognized tax benefits; debt repayments; sufficiency of liquidity for the foreseeable future; capital expenditures; and Lifestyle stores. 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:

 

•  

General business and economic conditions in our operating regions, including the rate of inflation, consumer spending levels, currency valuations, population, employment and job growth in our markets;

 

•  

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;

 

16

Table of Contents

SAFEWAY INC. AND SUBSIDIARIES

This excerpt taken from the SWY DEF 14A filed Apr 2, 2008.

Forward-Looking Statements

 

This Proxy Statement contains “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. These statements are based on our current expectations and involve risks and uncertainties, which may cause results to differ materially from those set forth in the statements. The forward-looking statements may include statements regarding actions to be taken by us. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Forward-looking statements should be evaluated together with the many uncertainties that affect our business, particularly those mentioned in the section on forward-looking statements and in the risk factors in Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 29, 2007 (the “2007 10-K”) and in our periodic reports on Form 10-Q and Form 8-K.

 

3

Table of Contents
These excerpts taken from the SWY 10-K filed Feb 26, 2008.

FORWARD-LOOKING STATEMENTS

This Annual Report on Form 10-K for Safeway Inc. (“Safeway” or the “Company”) 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. The Company also provides 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: dividend payments on common stock; expansion of product lines; cash capital expenditures; efforts to revitalize operations in certain markets; outcomes of legal proceedings; the effect of new accounting standards; compliance with laws and regulations; pension plan contributions; obligations and payments under benefit plans; total unrecognized tax benefits; amount of indebtedness and Lifestyle stores. 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:

 

•  

General business and economic conditions in our operating regions, including the rate of inflation, consumer spending levels, currency valuations, population, employment and job growth in our markets;

•  

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 improve corporate brands;

•  

Results of our programs to improve our perishables departments;

•  

Results of our promotional programs;

•  

Results of our capital program;

•  

Results of our efforts to improve working capital;

•  

Results of any ongoing litigation in which we are involved or any litigation in which we may become involved;

•  

The resolution of uncertain tax positions;

•  

The ability to achieve satisfactory operating results in all geographic areas where we operate;

•  

Changes in the financial performance of our equity investments;

•  

Labor costs, including benefit plan costs and severance payments, or labor disputes that may arise from time to time and work stoppages that could occur in areas where certain collective bargaining agreements have expired or are on indefinite extensions or are scheduled to expire in the near future;

•  

Failure to fully realize or delay in realizing growth prospects for new business ventures, including Blackhawk Network Holdings, Inc. (“Blackhawk”);

•  

Legislative, regulatory, tax or judicial developments, including with respect to Blackhawk;

•  

The cost and stability of fuel, energy and other power sources;

•  

Unanticipated events or changes in real estate matters, including acquisitions, dispositions and impairments;

•  

Adverse weather conditions;

•  

Performance in new business ventures or other opportunities that we pursue, including Blackhawk;

•  

The capital investment in and financial results from our Lifestyle stores;

•  

The rate of return on our pension assets; and

•  

The availability and terms of financing.

We undertake no obligation to update forward-looking statements to reflect new information, events or developments after the date hereof. For additional information regarding these risks and uncertainties, see “Item 1A. Risk Factors.” These are not intended to be a discussion of all potential risks or uncertainties, as it is not possible to predict or identify all risk factors.

 

4

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SAFEWAY INC. AND SUBSIDIARIES

 


FORWARD-LOOKING STATEMENTS

This Annual Report on Form 10-K for Safeway Inc. (“Safeway” or the “Company”) 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. The Company also provides 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.

STYLE="margin-top:12px;margin-bottom:0px">This Annual Report on Form 10-K includes forward-looking statements relating to, among other things: dividend payments on common stock; expansion of product lines; cash capital
expenditures; efforts to revitalize operations in certain markets; outcomes of legal proceedings; the effect of new accounting standards; compliance with laws and regulations; pension plan contributions; obligations and payments under benefit plans;
total unrecognized tax benefits; amount of indebtedness and Lifestyle stores. 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:

 






• 

General business and economic conditions in our operating regions, including the rate of inflation, consumer spending levels, currency valuations, population, employment and
job growth in our markets;






• 

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 improve corporate brands;






• 

Results of our programs to improve our perishables departments;






• 

Results of our promotional programs;






• 

Results of our capital program;






• 

Results of our efforts to improve working capital;






• 

Results of any ongoing litigation in which we are involved or any litigation in which we may become involved;






• 

The resolution of uncertain tax positions;






• 

The ability to achieve satisfactory operating results in all geographic areas where we operate;






• 

Changes in the financial performance of our equity investments;






• 

Labor costs, including benefit plan costs and severance payments, or labor disputes that may arise from time to time and work stoppages that could occur in areas where
certain collective bargaining agreements have expired or are on indefinite extensions or are scheduled to expire in the near future;






• 

Failure to fully realize or delay in realizing growth prospects for new business ventures, including Blackhawk Network Holdings, Inc. (“Blackhawk”);






• 

Legislative, regulatory, tax or judicial developments, including with respect to Blackhawk;






• 

The cost and stability of fuel, energy and other power sources;






• 

Unanticipated events or changes in real estate matters, including acquisitions, dispositions and impairments;






• 

Adverse weather conditions;






• 

Performance in new business ventures or other opportunities that we pursue, including Blackhawk;






• 

The capital investment in and financial results from our Lifestyle stores;






• 

The rate of return on our pension assets; and






• 

The availability and terms of financing.

We undertake no obligation to
update forward-looking statements to reflect new information, events or developments after the date hereof. For additional information regarding these risks and uncertainties, see “Item 1A. Risk Factors.” These are not intended to be a
discussion of all potential risks or uncertainties, as it is not possible to predict or identify all risk factors.

 


4






Table of Contents



SAFEWAY INC. AND SUBSIDIARIES

SIZE="1"> 


This excerpt taken from the SWY 10-Q filed Apr 27, 2007.

Forward-Looking Statements

This Quarterly Report on Form 10-Q 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. 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 “will,” “may,” “continuing,” “on-going,” “expects,” “estimates,” “anticipates,” “believes,” “guidance” and similar words or phrases and the negative of such words or phrases.

This Quarterly Report on Form 10-Q includes forward-looking statements, including forward-looking statements relating to pension plan contributions; uncertain tax positions; amount of unrecognized tax benefits; defenses to legal proceedings; sufficiency of liquidity for the foreseeable future; capital expenditures; and Lifestyle stores. 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:

 

  •  

General business and economic conditions in our operating regions, including consumer spending levels, currency valuations, population, employment and job growth in our markets;

 

14

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SAFEWAY INC. AND SUBSIDIARIES

This excerpt taken from the SWY DEF 14A filed Apr 4, 2007.

Forward-Looking Statements

 

This Proxy Statement contains “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). These statements are based on our current expectations and involve risks and uncertainties, which may cause results to differ materially from those set forth in the statements. The forward-looking statements may include statements regarding actions to be taken by us. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Forward-looking statements should be evaluated together with the many uncertainties that affect our business, particularly those mentioned in the risk factors in Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 30, 2006 and in our periodic reports on Form 10-Q and Form 8-K.

 

3

This excerpt taken from the SWY 10-K filed Feb 26, 2007.

FORWARD-LOOKING STATEMENTS

This Annual Report on Form 10-K for Safeway Inc. (“Safeway” or the “Company”) 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. The Company also provides 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,” “on-going,” “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, dividend payments on common stock; expansion of product lines; the amount, timing of the receipt and use of state income tax refunds and interest thereon; the utilization of net operating loss carryforwards; efforts to revitalize operations in certain markets; defenses to legal proceedings; the effect of new accounting standards; the timing and volume of repurchases of common stock; pension plan contributions; and Lifestyle stores. 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:

 

•  

General business and economic conditions in our operating regions, including consumer spending levels, currency valuations, population, employment and job growth in our markets;

•  

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 efforts to revitalize corporate brands;

•  

Results of our programs to improve our perishables departments;

•  

Results of our promotional programs;

•  

Results of our programs to improve capital management;

•  

Results of any on-going litigation in which we are involved or any litigation in which we may become involved;

•  

The ability to achieve satisfactory operating results in all geographic areas where we operate;

•  

Changes in the financial performance of our equity investments;

•  

Labor costs, including benefit plan costs and severance payments, or labor disputes that may arise from time to time and work stoppages that could occur in areas where certain collective bargaining agreements have expired or are on indefinite extensions or are scheduled to expire in the near future;

•  

Failure to fully realize or delay in realizing growth prospects for new business ventures, including Blackhawk Network Holdings, Inc. (“Blackhawk”);

•  

Legislative, regulatory, tax or judicial developments, including with respect to Blackhawk;

•  

The cost and stability of fuel, energy and other power sources;

•  

Unanticipated events or changes in real estate matters, including acquisitions, dispositions and impairments;

•  

Adverse weather conditions;

•  

Performance in new business ventures or other opportunities that we pursue, including Blackhawk;

•  

The capital investment in and financial results from our Lifestyle stores;

•  

The rate of return on our pension assets; and

•  

The availability and terms of financing.

We undertake no obligation to update forward-looking statements to reflect new information, events or developments after the date hereof. For additional information regarding these risks and uncertainties, see “Item 1A. Risk Factors.” These are not intended to be a discussion of all potential risks or uncertainties, as it is not possible to predict or identify all risk factors.

 

4

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SAFEWAY INC. AND SUBSIDIARIES

 

EXCERPTS ON THIS PAGE:

10-K
Mar 2, 2010
10-Q
May 1, 2009
DEF 14A
Mar 27, 2009
10-K
Mar 3, 2009
10-Q
Jul 17, 2008
10-Q
Apr 28, 2008
DEF 14A
Apr 2, 2008
10-K (2 sections)
Feb 26, 2008
10-Q
Apr 27, 2007
DEF 14A
Apr 4, 2007
10-K
Feb 26, 2007

RELATED TOPICS for SWY:

"Forward-Looking Statements" elsewhere:

Amazon.com (AMZN)
Staples (SPLS)
General Mills (GIS)
Costco Wholesale (COST)
Sprint Nextel (S)
Home Depot (HD)
Coca-Cola Company (KO)
Macy's Inc. (M)
Sears Holdings (SHLD)
Wal-Mart (WMT)
Walgreen Company (WAG)
Target (TGT)
AMERICAN BEVERAGE CO AMBEV (ABV)
AutoNation (AN)
Barnes & Noble (BKS)
CASEYS GENERAL STORES INC (CASY)
BRAZILIAN DISTRIBUTION CO COMPANHIA BRASILEIRA DE DISTR CBD (CBD)
DELHAIZE GROUP (DEG)
Ingles Markets (IMKTA)
Mondelez International, Inc. (KFT)
Spartan Stores (SPTN)
Susser Holdings (SUSS)
ULTRAPAR HOLDINGS INC (UGP)
Winn-Dixie Stores (WINN)
Procter & Gamble Company (PG)
CVS Caremark Corporation (CVS)
KOHLS CORPORATION (KSS)
Tyson Foods (TSN)
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