Risk Factors Update Summary
- Sales mix shifted from non-consumables to consumables in 2023, with consumables at historical highs.
- Inventory shrinkage and damages remained significantly elevated in 2023, impacting financial results.
- Increased investment of approximately $150 million in retail labor to enhance store standards.
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=29534&owner=exclude
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