Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
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New words:
approach, attack, attempted, Bachelor, book, budgeting, Burke, civil, Compliant, confirmed, contact, coordinated, Counsel, delegated, desire, disaggregated, disagree, discrete, discretion, DRIV, enterprise, ERP, expend, extinguishment, field, Gaza, GHG, grid, hacking, highlighted, intensity, investigate, Israel, Loccionni, magnitude, neutralization, October, partner, pledged, Porter, portfolio, posture, prepayment, privacy, proactive, prohibited, rain, rendered, repaid, reset, Restructured, RGA, score, show, sophistication, Southern, Steering, Subtopic, suppressed, temporarily, thirty, Topic, tranche, trend, Ukraine, unwilling, violation, VP
Removed:
accrue, achieved, advocated, aggregated, aggregation, agree, Autopart, AVL, bench, Border, Cardone, Carquest, collected, consistency, correct, depression, disputing, enhanced, existence, fee, forma, Horiba, infected, introducing, LIBOR, organic, pandemic, personal, predicted, pro, processing, resume, spend, tariff, travel, unique, vigorously, Worldpac
Financial report summary
?Risks
- Unfavorable economic conditions may adversely affect our business.
- An increase in the cost or a disruption in the flow of our imported products may significantly decrease our sales and profits.
- Changes in trade policy and other factors beyond our control could materially adversely affect our business.
Management Discussion
- Our business is impacted by various factors within the economy that affect both our customers and our industry, including but not limited to inflation, interest rates, disruptions in the supply chain, fuel costs, wage rates, and other economic conditions. Given the nature of these various factors, we cannot predict whether or for how long certain trends will continue, nor can we predict to what degree these trends will impact us in the future.
- The cost to manufacture and distribute our products is impacted by the cost of raw materials, finished goods, labor, and transportation. During fiscal 2024, we experienced increased costs of raw materials, finished goods, higher labor costs in Mexico, and other administrative costs. We can only pass our increased costs onto customers on a limited basis. Future general price inflation and its impact on costs and availability of materials could adversely affect our financial results.
- Interest rates remain high in an effort to curb on-going inflation. We are experiencing higher interest costs for our accounts receivable discount programs and borrowings under our credit facility, which have interest costs that vary with interest rate movements. The majority of our interest costs result from our accounts receivable discount programs, which had a weighted average discount rate of 6.8% for fiscal 2024 compared with 5.3% for fiscal 2023. These continued higher interest rates and any future increases in interest rates will continue to adversely impact our financial results.