BBQ (BBQ)

Risks

• Our future revenue, operating income, and cash flows are dependent on consumer preference and our ability to successfully execute our plan.
• We may not be successful in maintaining or expanding our international footprint.
• Our ability to exploit our brand depends on our ability to protect our intellectual property, and if any third parties make unauthorized use of our intellectual property, our competitive position and business could suffer.
• Our financial performance is affected by our ability to contract with reliable suppliers and food service distributors at competitive prices.
• If there is a lack of sufficient labor or labor costs increase, our operating results may be adversely affected.
• We could be adversely impacted if our information technology and computer systems do not perform properly or if we fail to protect our customers’ credit card information or our employees’ personal data.
• Failure to achieve our projected cost savings from our efficiency initiatives could adversely affect our results of operations and eliminate potential funding for growth opportunities.
• We evaluate restaurant sites and long-lived assets for impairment and expenses recognized as a result of any impairment would negatively affect our financial condition and consolidated results of operations.
• Litigation could have a material adverse impact on our business and our financial performance.
• Challenging economic conditions may have a negative effect on our business and financial results.
• Competition may reduce our revenue, operating income, and cash flows.
• We are subject to the risks associated with the food services industry, including the risk that incidents of food-borne illnesses or food tampering could damage our reputation and reduce our restaurant sales.
• Significant adverse weather conditions and other disasters or unforeseen events could negatively impact our results of operations.
• Pursuant to its authority to designate and issue shares of our stock as it deems appropriate, our board of directors may assign rights and privileges to currently undesignated shares which could adversely affect the rights of existing shareholders.