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Risk Factors Update Summary
- Economic uncertainty, high interest rates, and potential tariffs may harm our business. This change might result in significant cost increases.
- Home Depot represented approximately 17% of total net sales in fiscal year 2024, up from 16% in 2023.
- In fiscal 2024, we recorded a non-cash impairment charge of $12.8 million in our Pet segment.
- Supply disruptions in pet birds and small animals may negatively impact sales and profitability due to increased import restrictions.
- Our inability to protect trademarks could adversely affect our results of operations and cash flows, impacting future profitability.
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=887733&owner=exclude
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