1040328--9/8/2006--CHAMPPS_ENTERTAINMENT

related topics

{financial, litigation, operation}

{condition, economic, financial}

{acquisition, growth, future}

{cost, regulation, environmental}

{cost, contract, operation}

{cost, operation, labor}

{loss, insurance, financial}

{competitive, industry, competition}

{property, intellectual, protect}

{debt, indebtedness, cash}

{control, financial, internal}

{personnel, key, retain}

{tax, income, asset}

{investment, property, distribution}

Our key strategic initiatives may not be successful and could fail to improve our comparable store sales and our long-term profitability Our success depends on our ability to compete effectively in the restaurant industry The failure of our existing or new restaurants to perform as anticipated could adversely affect our business Because of our small restaurant base, our operating results could be materially and adversely affected by the negative performance of a small number of restaurants Our future growth depends on our ability to open new restaurants, and we may not be able to achieve our goals for unit expansion The inability to develop and construct our restaurants within budget and projected time periods could adversely affect our business and financial condition We may require additional capital to expand our business Our franchisees / licensees could take actions that could harm our business Our operations are susceptible to changes in food availability and costs, which could adversely affect our operating results Changes in consumer preferences or discretionary consumer spending could negatively impact our results of operations Health concerns relating to the consumption of our food products could negatively impact our results of operations Increases in utility, insurance or other costs could have a material adverse effect on our results of operations We depend on the services of key executives and management, the loss of whom could materially harm our business Litigation or assessments could have a material adverse affect on our business If we are unable to protect our intellectual property rights, it could reduce our ability to capitalize on our brand names We are subject to extensive governmental regulations including, but not limited to, the sale and serving of alcoholic beverages and wages paid to our employees that could adversely affect our operations and our ability to expand and develop our restaurants We may not be able to generate sufficient future taxable income to fully utilize our income tax operating loss and credit carryforwards Our financial results are subject to fluctuations due to the seasonal nature of our business We may be locked into long-term and non-cancelable leases that we want to cancel, and may be unable to renew leases that we want to extend at the end of their terms We may not be able to repay or refinance our indebtedness Our failure to maintain effective internal controls over financial reporting could have a material adverse effect on our business and stock price If certain of our restaurants fail to perform to a level sufficient to cover their asset value, we may be forced to incur further write-downs of our assets, which could negatively impact our financial performance

Full 10-K form ▸

1040328--9/8/2006--CHAMPPS_ENTERTAINMENT_INC