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Risk Factors Update Summary
- The ongoing conflict between Russia, Ukraine, and Israel has increased volatility and disruption in supply chains, triggering inflation in labor costs.
- Borrowings outstanding as of September 27, 2024, total approximately $1,162.5 million, increasing financial risk.
- Approximately 800 of our employees were represented by labor unions, impacting operational flexibility and costs.
- The company may incur significant additional annual expenses to upgrade systems and maintain adequate controls, affecting financial performance.
- Future developments regarding inflation and geopolitical tensions are uncertain and could adversely affect our financial condition and operations.
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=1967649&owner=exclude
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