FORWARD-LOOKING STATEMENTS  are important factors that could cause our actual results, level of  activity, performance or achievements to differ materially from the  results, level of activity, performance or achievements expressed or  implied by these forward-looking statements, including those factors  discussed under the caption entitled “Risk Factors” as well as other  places in this Annual Report on Form 10-K.  We operate in a competitive and rapidly changing environment.  New risk factors emerge from time to time and it is not possible  for management to predict all the risk factors, nor can it assess the  impact of all the risk factors on our business or the extent to which  any factor, or combination of factors, may cause actual results to  differ materially from those contained in any forward-looking  statements. Given these risks and uncertainties, you should not place  undue reliance on forward-looking statements, which speak only  as of the date of this Annual Report on Form 10-K, as a prediction of  actual results.  This Annual Report on Form 10-K contains certain statements that  are, or may be considered to be, “forward-looking statements” for  the purpose of federal securities laws, including, but not limited to,  statements that reflect our current views with respect to future events  and financial performance. We generally identify these statements by  words or phrases such as “may,” “might,” “should,” “expect,” “plan,”  “anticipate,” “believe,” “estimate,” “intend,” “predict,” “future,”  “potential” or “continue,” the negative or any derivative of these  terms and other comparable terminology. These forward-looking  statements, which are subject to risks, uncertainties and assumptions  about us, may include, among other things, projections or statements  regarding:  You should read this Annual Report on Form 10-K completely and  with the understanding that our actual results may be materially  different from what we expect. Except as required by law, we  undertake no duty to update these forward-looking statements, even  though our situation may change in the future. We qualify all of our  forward-looking statements by these cautionary statements.  These statements are only predictions based on our current  expectations and projections about future events. Because these  forward-looking statements involve risks and uncertainties, there  • our future financial performance;  • our anticipated operating and growth strategies;  • our future capital expenditures;  • our anticipated rate of store closures, relocations and openings; and • our anticipated costs related to store closures, relocations and  openings.  2013 FORM 10-K 3 BUILD-A-BEAR WORKSHOP, INC. 