Risk Factors Update Summary
- Sales consolidation continues with Kroger and Albertsons merging, Aldi acquiring Winn-Dixie and Harveys.
- Currency exposure increased to 34% of sales in fiscal 2023, impacting financial results.
- Labor shortages and wage increases may significantly impact profitability and ability to grow.
- Intellectual property protection is crucial; failure could harm financial position and operations.
- Climate change laws and concerns may adversely affect financial condition and results of operations.
- Cybersecurity threats are evolving; any system failure could impact reputation, financials, and operations.
- Interest rate increases may raise debt servicing costs, affecting profitability and financial condition.
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=1047340&owner=exclude
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