What changed 10-Q

Item 3. Quantitative and Qualitative Disclosures About Market Risk

2022-08-17 compared with 2022-02-09 · 3 added, 3 removed, 13 unchanged (32% of the section changed)

1 unchanged sentence

For a discussion of market risks that could affect the Company, refer to the risk factors disclosed in Item 1A.

of Part 1 of the Company’s Annual Report on Form 10-K for the year ended March 28, 2021.

of Part 1 of the Company’s Annual Report on Form 10-K for the year ended April 3, 2022.

INTEREST RATE RISK

Although the Company could have an exposure to interest rate risk related to its floating rate debt, there was no balance outstanding on its floating rate debt as of December 26, 2021.

Although the Company could have an exposure to interest rate risk related to its floating rate debt, there was no balance outstanding on its floating rate debt as of July 3, 2022.

COMMODITY RATE RISK

2 unchanged sentences

In addition, although the Company pays its Chinese suppliers in U.S.

dollars, an arbitrary strengthening of the rate of the Chinese currency versus the U.S.

dollars, a strengthening of the rate of the Chinese currency versus the U.S.

dollar could result in an increase in the cost of the Company’s finished goods.

5 unchanged sentences

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.