Ahead-Wanting Statements
This press launch accommodates “forward-looking statements” throughout the which means of the federal securities legal guidelines, which contain dangers and uncertainties. Ahead-looking statements embody the Firm’s statements with respect to anticipated future efficiency introduced beneath the heading “2021 Outlook,” these attributed to the Firm’s Chief Govt Officer on this press launch, together with with respect to the Firm’s development alternatives and long-term targets for U.S. retailer places, and different statements, estimates and projections that don’t relate solely to historic details. Ahead-looking statements may be recognized by phrases equivalent to “consider,” “count on,” “objective,” plan,” “will,” “prospects,” “future,” “technique” and related references to future intervals, though not all forward-looking statements embody these figuring out phrases. Ahead-looking statements are usually not assurances of future efficiency. As an alternative, they’re based mostly solely on the Firm’s present beliefs, expectations and assumptions concerning the way forward for the enterprise, future plans and methods, projections, anticipated occasions and traits, the financial system and different future circumstances. As a result of forward-looking statements relate to the longer term, they’re topic to inherent uncertainties, dangers and adjustments in circumstances which can be tough to foretell and plenty of of that are exterior of the Firm’s management. Precise outcomes and monetary situation could differ materially from these indicated within the forward-looking statements. Vital elements that would trigger our precise outcomes to vary materially embody dangers and uncertainties related to the period and impression of COVID-19, which has resulted and will proceed to lead to retailer closures and a lower in our internet membership base and will give rise to or heighten a number of of the opposite dangers and uncertainties described herein, competitors within the health trade, the Firm’s and franchisees’ capability to draw and retain members, the Firm’s and franchisees’ capability to determine and safe appropriate websites for brand new franchise shops, adjustments in shopper demand, adjustments in gear prices, the Firm’s capability to broaden into new markets domestically and internationally, working prices for the Firm and franchisees typically, availability and price of capital for franchisees, acquisition exercise, developments and adjustments in legal guidelines and laws, our substantial elevated indebtedness on account of our refinancing and securitization transactions and our capability to incur extra indebtedness or refinance that indebtedness sooner or later, our future monetary efficiency and our capability to pay principal and curiosity on our indebtedness, our company construction and tax receivable agreements, failures, interruptions or safety breaches of the Firm’s info techniques or know-how, basic financial circumstances and the opposite elements described within the Firm’s annual report on Kind 10-Ok for the yr ended December 31, 2020, and the Firm’s different filings with the Securities and Alternate Fee. In mild of the numerous dangers and uncertainties inherent in forward-looking statements, traders shouldn’t place undue reliance on forward-looking statements, which replicate the Firm’s views solely as of the date of this press launch. Besides as required by legislation, neither the Firm nor any of its associates or representatives undertake any obligation to supply extra info or to appropriate or replace any info set forth on this launch, whether or not on account of new info, future developments or in any other case.
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