912262--3/23/2006--SPORTS_AUTHORITY_INC

related topics

{stock, price, operating}

{acquisition, growth, future}

{operation, natural, condition}

{customer, product, revenue}

{personnel, key, retain}

{competitive, industry, competition}

{product, liability, claim}

{product, market, service}

{system, service, information}

{provision, law, control}

{condition, economic, financial}

{cost, operation, labor}

Business uncertainties and contractual restrictions while the proposed merger is pending Failure to complete the proposed merger could negatively impact stock price, future business and financial results Intense competition in the sporting goods industry could limit our growth and reduce our profitability. If we are unable to predict or react to changes in consumer demand, our sales may decline and we may be required to take significant markdowns in inventory. We sell products that expose us to a greater risk of product liability and infringement claims, and our insurance may not be sufficient to cover damages related to those claims. If our suppliers and distributors do not provide us with sufficient quantities of products, or if conditions in any of the foreign countries where they source merchandise adversely change, we may not be able to offer competitively priced merchandise or the quantities or assortment that our customers demand. Our comparable store sales will fluctuate and may not be a meaningful indicator of future performance. Our business is seasonal, and our annual results are highly dependent on the success of our holiday selling season. A downturn in the economy could significantly reduce our revenues. We have a significant amount of debt that could adversely affect our business and growth prospects. Our business depends on our ability to satisfy our labor needs. Terrorist attacks or acts of war may seriously harm our business. Anti-takeover provisions may prevent stockholders from realizing a premium return. Our quarterly operating results may fluctuate substantially, which may adversely affect our business and the market price of our common stock, particularly if our quarterly results fall below the expectations of securities analysts. Our stock price has been volatile in the past and may remain volatile in the future. The value of our common stock may decline as a result of this volatility. The loss of key executives could have a material adverse effect on our business. We rely on our information systems to operate our business, and if our information systems fail to adequately perform these functions, our business and financial results could be adversely affected. A disruption in the operation of our distribution centers would affect our ability to deliver merchandise to our stores, which could impact adversely our revenues and harm our business and financial results. 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. We may pursue strategic acquisitions, which could have an adverse impact on our business.

Full 10-K form ▸

912262--3/23/2006--SPORTS_AUTHORITY_INC_/DE/