Risk Factors Update Summary
- Additional unknown risks may impair business operations. This could lead to unforeseen challenges.
- Inflationary pressures are expected to continue into fiscal 2024, impacting supply chain costs.
- Diversification efforts reduced China sourcing to 63% in 2023, down from 58%.
- Profitability could be affected by fluctuations in global tensions and disruptions in supply chains.
- Changes in international franchise agreements could impact growth and profitability significantly.
- Failure to protect intellectual property could result in costly settlements or restrictions.
- Failure to execute omnichannel and brand expansion strategies may impact financial performance.
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=1113809&owner=exclude
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