Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Geographic concentration of U.S. distribution facilities increased to 59% from 56% in fiscal 2024.
  • Sales to top five customers increased to 47% from 43% of consolidated net sales revenue in fiscal 2024.
  • Finished goods from Asia decreased to 79% from 87% of total finished goods purchased in fiscal 2024.
  • Chinese Renminbi weakened by 5% against the U.S. dollar in fiscal 2024.
  • Benchmark interest rate increased by 75 basis points in fiscal 2024 and by 450 basis points in fiscal 2023.
  • Potential adverse impact on costs due to disruptions in global supply chain and freight networks.
  • Increased costs of raw materials, energy, and transportation may adversely affect operating results and cash flow.

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=916789&owner=exclude

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