Risk Factors Update Summary
- Sales of upholstery products decreased from 15% of total net revenue in 2022 to 10% in 2023.
- The number of Showrooms increased from 81 in 2022 to 92 in 2023.
- Client deposits decreased from approximately $203 million to $174 million from 2022 to 2023.
- eCommerce channel revenue increased from 17% of total net revenue in 2022 to 19% in 2023.
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=1875444&owner=exclude
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