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Risk Factors Update Summary
- Supply chain constraints may lead to significant inflationary pressures, disrupting business operations and financial results.
- Reliance on one main product, avocados, subjects us to concentrated risks affecting financial condition.
- The loss of one or more top 10 customers amounted to approximately 69% of net sales for 2024.
- Legal and regulatory changes in Mexico regarding labor could significantly affect our operational capabilities and costs.
- We are subject to increasing customer requirements regarding sustainability, impacting sourcing and operational costs.
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=1802974&owner=exclude
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