Company – Scrape Financial

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Risk Factors Summary

Risk Factors Update Summary

  • Sales of our RTD protein shakes increased from approximately 79% to 81% of net sales. This change might result in higher revenue projections.
  • Our milk-based protein costs have increased due to inflation and increased demand, impacting profitability.
  • We had $865 million in aggregate principal amount of debt as of September 30, 2024, down from $840 million. This change might affect our financial leverage.
  • Our largest customers, Costco and Amazon, accounted for approximately 74% of net sales, down from 75%. This change indicates a slight diversification in customer base.
  • We may experience operational difficulties due to limited third-party contract manufacturers, affecting product availability and supply chain stability.

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=1772016&owner=exclude

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