Legal Proceedings
−Removed: The Company is a defendant in various lawsuits and claims arising out of the normal course of business.
−Removed: Our existing point-of-sale system supplier has challenged the development of certain parts of our technology systems (See Note 7 to the Condensed Consolidated Financial Statements ) and similar to certain other large retail employers, the Company has been faced with allegations of purported class-wide consumer and wage and hour violations.
+Added: The Company is a defendant in various lawsuits and claims arising out of the normal course of business and similar to certain other large retail employers, the Company has been faced with allegations of purported class-wide consumer and wage and hour violations (See Note 5 to the unaudited Condensed Consolidated Financial Statements ) .
Litigation is inherently unpredictable, and the outcome of these matters cannot presently be determined.
Although the actions are being vigorously defended, the Company could in the future, incur judgments or enter into settlements of claims that could have a material adverse effect on its results of operations in any particular period.
+Added: There have been no material changes in our risk factors from those disclosed in Part I, Item 1A of our Annual Report on Form 10-K for the fiscal year ended June 30, 2021.
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.