3 unchanged sentences
Market risk sensitive instruments are not acquired for trading purposes.
−Removed: Interest rate risk is typically managed using a combination of fixed-rate long-term debt, interest rate swaps that fix variable-rate long-term debt, and variable-rate borrowings under a revolving credit facility.
+Added: Interest rate risk is typically managed using a combination of fixed-rate and variable-rate long-term debt.
Translation exposures with regard to Canadian and Mexican operations are not hedged.
−Removed: As of June 29, 2025, variable rate debt included $1,493 million of senior secured term loan facility borrowings and borrowings under an $850 million revolving credit facility under the 2024 Credit Agreement, as amended.
+Added: As of September 28, 2025, variable rate debt included $1,489 million of senior secured term loan facility borrowings and borrowings under an $850 million revolving credit facility under the 2024 Credit Agreement, as amended.
Assuming the outstanding senior secured term loan facility borrowings and the daily average balance over the past twelve months on revolving credit borrowings of approximately $396.3 million, a hypothetical 100 bps increase in 30-day SOFR on the variable-rate debt would lead to an increase of approximately $18.9 million in cash interest costs over the next twelve months.
A uniform 10% strengthening of the U.S.
−Removed: dollar relative to the Canadian dollar and Mexican peso would have resulted in a $0.7 million decrease in operating loss contributed to the Combined Company's six month results ended June 29, 2025.
+Added: dollar relative to the Canadian dollar and Mexican peso would have resulted in a $2.8 million decrease in operating loss contributed to the Combined Company's nine month results ended September 28, 2025.
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.