Risk Factors Update Summary
- Future pandemics may adversely affect business, results, financial condition, and liquidity.
- The number of associates decreased from 75,000 to 70,000, impacting operations.
- The number of largest clients increased from three to five, now generating 18.8% of revenues.
- Completed disposition of foodservice businesses resulted in a $43.5 million intangible asset impairment charge.
- The number of shares held by equity holders decreased from 254,000 to 232,000.
- Seven states passed comprehensive privacy laws in 2023, affecting data handling practices.
- Changes in data protection requirements in China may impact cross-border data transfers.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1776661&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.