1 unchanged sentence
The information concerning quantitative and qualitative disclosures about market risk contained in the Company’s Annual Report on Form 10-K for the year ended May 28, 2022 has not changed materially.
−Removed: The nature of market risks from interest rates and commodity prices has not changed materially during the first nine months of fiscal 2022.
+Added: The nature of market risks from interest rates and commodity prices has not changed materially during the first three months of fiscal 2023.
Foreign Exchange Risk
−Removed: The Company primarily manufactures its products in the United States, Canada, United Kingdom, Italy, China, and India.
+Added: The Company primarily manufactures its products in the United States, United Kingdom, Canada, China, Italy, India, Mexico and Brazil.
It also sources completed products and product components from outside the United States.
4 unchanged sentences
In the normal course of business, the Company enters into contracts denominated in foreign currencies.
−Removed: The principal foreign currencies in which the Company conducts its business are the British pound sterling, euro, Canadian dollar, Japanese yen,
−Removed: MillerKnoll, Inc.
−Removed: and Subsidiaries 45
−Removed: Mexican peso, Hong Kong dollar, Chinese renminbi, and the Danish krone.
+Added: The principal foreign currencies in which the Company conducts its business are the British pound sterling, euro, Canadian dollar, Japanese yen, Mexican peso, Hong Kong dollar, Chinese renminbi, and the Danish krone.
Changes in the fair value of such contracts are reported in earnings in the period the value of the contract changes.
1 unchanged sentence
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.