Risk Factors Update Summary
- Operations expanded to over 120 countries, impacting global and regional economic conditions.
- Currency exchange rate fluctuations and controls could impact sales, earnings, and financial condition.
- Changes in inflation, interest rates, and labor costs may impact consumer behavior and demand.
- Inflationary pressure expected to continue impacting consumer behavior and demand in 2024.
- Changes in geopolitical conditions, conflicts, and wars may disrupt operations and sales.
- Interest rates increased substantially in 2022 and 2023, signaling potential future rate hikes.
- Rising interest rates and shifts in consumer behavior may affect demand for residential homes.
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=89800&owner=exclude
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