102741--12/21/2010--VALSPAR_CORP

related topics
{condition, economic, financial}
{cost, regulation, environmental}
{system, service, information}
{competitive, industry, competition}
{acquisition, growth, future}
{operation, international, foreign}
{debt, indebtedness, cash}
{property, intellectual, protect}
{customer, product, revenue}
Deterioration of economic conditions could harm our business. Fluctuations in the availability and prices of raw materials could negatively impact our financial results. Many of our customers are in cyclical industries, which may affect the demand for our products. The industries in which we operate are highly competitive, and some of our competitors are larger and may have greater financial resources than we do. We have a significant amount of indebtedness. Acquisitions are an important part of our growth strategy, and future acquisitions may not be successful. We derive a substantial portion of our revenues from foreign markets, which subjects us to additional business risks. We have certain key customers. If the reputation of our company or one or more of its key brands is damaged, it could harm our business. Technology changes, and our ability to protect our technology, could affect our business. Numerous laws and regulations affect our business.

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