Cautionary Note Regarding Forward-Looking Statements
All statements made in the News Release which are not current statements or historical facts constitute "forward-looking information" within the meaning of applicable Canadian securities laws and "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, Section 21E of the United States Securities Exchange Act of 1934, the Private Securities Litigation Reform Act of 1995, or in releases made by the United States Securities and Exchange Commission, all as may be amended from time to time, and the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect", "goal", "target", "should", "likely", "potential", "continue", "project", "forecast", "prospects", and similar expressions typically are used to identify forward-looking information and statements. Examples of such forward-looking information and statements within this News Release include information and statements relating to: Coastal's perceptions of the contact lens and eyeglasses industry or market and anticipated trends in that market in any of the countries in which Coastal does business; Coastal's anticipated ability to procure products and supplies, or the terms under which it may procure its products and supplies; Coastal's anticipated business operations, inventory levels, ability to fill and ship orders in a timely manner, ability to achieve greater marketing efficiency or similar statements; Coastal's ability to increase production; Coastal's capital expenditure plans; the results of further investments in Coastal's retail brands; Coastal's relationships with suppliers; Coastal's anticipated results of operations, including but not limited to anticipated sales, revenues, earnings, tax benefits or similar matters; the effects of seasonality; sufficiency of cash flows; Coastal's perceptions regarding volatility in and impact of foreign currency exchange rates; the effect of the current economic climate on Coastal's business and consumer behavior; and Coastal's ability to address challenges and opportunities resulting from current economic conditions.
Forward-looking information and statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about Coastal's business and the industry and markets in which it operates. Forward-looking information and statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying Coastal's expectations regarding forward-looking information and statements contained within this News Release include, among others: that Coastal will maintain its position in the markets it operates in and expand into other markets in a favourable manner; that Coastal will have sufficient capital to continue making investments in advertising, inventory, property, equipment and leasehold improvements as well as personnel to support its business and new product lines, including its eyeglasses business; that Coastal will be able to generate and maintain sufficient cash flows to support its operations; that Coastal will be successful in complying with industry regulatory requirements in British Columbia and other jurisdictions in which it operates; that Coastal will be able to establish and/or maintain necessary relationships with suppliers; and that Coastal will retain key personnel. The foregoing list of assumptions is not exhaustive.
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