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Risk Factors Update Summary
- The uncertain macroeconomic environment may negatively impact demand for our products, potentially affecting sales.
- For the year ended February 29, 2024, our two largest customers accounted for approximately 12% of net sales, down from 14% in 2023.
- Increased costs from labor shortages could adversely affect our ability to complete projects efficiently.
- Cybersecurity is now a critical part of our risk management strategy, focusing on incident prevention and mitigation.
- Our net sales outside the U.S. and Canada accounted for approximately 45% in 2024, down from 55% in 2023.
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=806172&owner=exclude
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