1089063--3/23/2006--DICKS_SPORTING_GOODS

related topics

{stock, price, operating}

{acquisition, growth, future}

{operation, natural, condition}

{customer, product, revenue}

{personnel, key, retain}

{condition, economic, financial}

{debt, indebtedness, cash}

{product, liability, claim}

{system, service, information}

{provision, law, control}

{product, market, service}

{capital, credit, financial}

{loan, real, estate}

{cost, operation, labor}

Lack of available retail store sites on terms acceptable to us, rising real estate prices and other costs and risks relating to new store openings could severely limit our growth opportunities. If we are unable to predict or react to changes in consumer demand, we may lose customers and our sales may decline. We may be subject to product liability claims and our insurance may not be sufficient to cover damages related to those claims. If our suppliers, distributors or manufacturers do not provide us with sufficient quantities of products, our sales and profitability will suffer. Problems with our information system software could disrupt our operations and negatively impact our financial results and materially adversely affect our business operations. We rely on two distribution centers along with a smaller return facility, and if there is a natural disaster or other serious disruption at one of these facilities, we may lose merchandise and be unable to effectively deliver it to our stores. Our business is seasonal and our annual results are highly dependent on the success of our fourth quarter sales. Our business is dependent on the general economic conditions in our markets. Because our stores are concentrated in the eastern half of the United States, we are subject to regional risks. The terms of our senior secured revolving credit facility impose operating and financial restrictions on us, which may impair our ability to respond to changing business and economic conditions. This impairment could have a significant adverse impact on our business. We may pursue strategic acquisitions, which could have an adverse impact on our business. Our ability to expand our business will be dependent upon the availability of adequate capital. The loss of our key executives, especially Edward W. Stack, our Chairman of the Board and Chief Executive Officer, could have a material adverse effect on our business due to the loss of their experience and industry relationships. Our business depends on our ability to meet our labor needs. Terrorist attacks or acts of war may seriously harm our business. We are controlled by our Chief Executive Officer and his relatives, whose interests may differ from other stockholders. Our quarterly operating results may fluctuate substantially, which may adversely affect our business and the market price of our common stock. Our comparable store sales will fluctuate and may not be a meaningful indicator of future performance. Our anti-takeover provisions could prevent or delay a change in control of our company, even if such change of control would be beneficial to our stockholders.

Full 10-K form ▸

1089063--3/23/2006--DICKS_SPORTING_GOODS_INC