14 unchanged sentences
Additionally, e-commerce transactions and value stores are experiencing rapid growth.
−Removed: Our inability to adapt to customer requirements could lead to a loss of business and adversely affect our financial position.
+Added: Our inability to adapt to a changing retail environment could lead to a loss of business and adversely affect our financial position.
Raw materials and energy sources.
1 unchanged sentence
In addition, the production and distribution of our products is dependent on energy sources, including natural gas, diesel fuel, carbon dioxide and electricity.
−Removed: These items are subject to supply chain disruptions and price volatility caused by numerous factors.
+Added: These items are subject to supply chain disruptions and price volatility caused by numerous factors, including recent changes in trade policy and increased or threatened increases in tariffs on imported goods.
Commodity price increases ultimately result in a corresponding increase in the cost of raw materials and energy.
5 unchanged sentences
In addition, various governmental agencies have enacted or are considering changes in corporate tax laws as well as additional taxes on soft drinks and other sweetened beverages.
−Removed: Continuing concern over environmental, social and governance matters, including climate change, is expected to continue to result in new or increased legal and regulatory requirements to reduce emissions to mitigate the potential effects of greenhouse gases, to limit or impose additional costs on commercial water use due to local water scarcity concerns or to expand mandatory reporting of certain environmental, social and governance metrics.
−Removed: Compliance with or future changes in existing laws or regulations could require material expenses and or capital expenditures and negatively affect our financial position.
+Added: Continuing developments in environmental, social and governance matters, including climate change, may result in new or increased legal and regulatory requirements to reduce emissions to mitigate the potential effects of greenhouse gases, to limit or impose additional costs on commercial water use due to local water scarcity concerns, or to expand mandatory reporting of certain environmental, social and governance metrics.
+Added: While not expected to impact LaCroix sparking waters, recent proposals to phase out synthetic dyes from our nation’s food supply and to remove many sweetened products from the U.S.
+Added: supplemental nutrition assistance program could, if implemented, result in increased costs and/or reduced demand for certain of our products.
+Added: Compliance with existing and future laws or regulations could require material increases in capital expenditures and negatively affect our financial position.
Sustained increases in the cost of employee wages and benefits.
2 unchanged sentences
A prolonged labor shortage or inflation in labor costs could adversely impact our financial results.
−Removed: Unfavorable weather conditions, changing weather patterns and natural disasters Unfavorable weather conditions in the geographic regions in which the Company or its suppliers operate could have an adverse impact on our revenue and profitability.
+Added: Unfavorable weather conditions, changing weather patterns and natural disasters.
+Added: Unfavorable weather conditions in the geographic regions in which the Company or its suppliers operate could have an adverse impact on our revenue and profitability.
Unusually cold or rainy weather may temporarily reduce demand for our products and contribute to lower sales, which could adversely affect our profitability for such periods.
8 unchanged sentences
If we lose key personnel or are unable to recruit qualified personnel, our operations and ability to manage our business may be adversely affected.
−Removed: Future cyber incidents and dependence on information technology and third-party service providers.
+Added: Cybersecurity and dependence on information technology and third-party service providers.
We depend on information systems and technology, including public websites and cloud-based services, for many activities important to our business, including communications within our Company, interfacing with customers and consumers;
8 unchanged sentences
If we are unable to timely respond to or resolve the issues related to such incidents and disruptions, such issues could have a material adverse effect on our business, financial condition, results of operations, cash flows and the timeliness with which we report our internal and external operating results.
−Removed: Material weaknesses in our internal control over financial reporting.
−Removed: Material weaknesses in our internal control over financial reporting which could, if not remediated, result in material misstatements in our consolidated financial statements.
−Removed: As discussed in Part II, Item 9A, “Controls and Procedures” of this Form 10-K, management has concluded that our internal controls related to certain review processes and disclosure controls and procedures were not effective as of April 27, 2024 due to the identified material weaknesses.
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.