13 unchanged sentences
dollar will affect Company’s sales and profitability and could result in exchange losses.
−Removed: For 2022, approximately 35% of the Company’s sales
−Removed: were denominated in foreign currencies, the most significant of which were:
+Added: For 2023, approximately 37% of the Company’s sales were denominated in foreign currencies, the most significant of which were:
European Euro, approximately 9%;
−Removed: British Pound, approximately 5% and Canadian Dollar, approximately 4%.
+Added: British Pound, approximately 5% and Canadian Dollar and Mexican Peso, approximately 4% each.
The primary purpose of the Company’s foreign currency hedging activities is to mitigate the foreign exchange rate exposure on the cash flows related to forecasted inventory purchases and sales.
9 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.