4 unchanged sentences
We are exposed to risks associated with changes in the costs of our raw materials as well as changes to our supply and distribution costs.
−Removed: During the fifty-two weeks ended August 27, 2022, our gross margins and profitability were negatively affected by higher raw material costs, higher freight and logistics costs, and supply chain challenges, including supply chain disruptions resulting from labor shortages as well as disruptions in ingredients, caused, in part, by the COVID-19 pandemic, the uncertain economic environment, and macroeconomic and geopolitical events and trends.
−Removed: We expect these cost pressures and supply chain challenges to continue into fiscal year 2023.
+Added: During the fifty-two weeks ended August 26, 2023, our gross margins and profitability were negatively affected by higher raw material, packaging, freight and logistics costs, and supply chain challenges, including supply chain disruptions resulting from labor shortages as well as disruptions in ingredients, caused, in part, by the uncertain economic environment, and macroeconomic and geopolitical events and trends.
+Added: We expect these cost pressures and supply chain challenges to continue, but improve, during fiscal year 2024.
In addition, current or future governmental policies may increase the risk of inflation, which could further increase the costs of ingredients, packaging and finished goods for our business.
−Removed: As a result, we have instituted price increases effective in the first and fourth quarters of fiscal year 2022.
+Added: As a result, we instituted price increases effective in the first and fourth quarters of fiscal year 2022.
Management believes these price increases and additional cost savings initiatives will enable us to continue to invest in projects that drive growth.
−Removed: However, there can be no assurance that the price increases will fully offset the effects of higher raw material and supply and distribution costs on our results of operations and financial condition.
−Removed: Refer to Item 1A, Risk Factors, for additional discussion of our risks associated with the costs of our raw materials, our supply chain, and our risks associated with pandemics, epidemics or disease outbreaks, such as COVID-19.
+Added: However, there can be no assurance that the price increases will fully offset the effects of higher raw material, packaging, supply and distribution costs on our results of operations and financial condition.
+Added: Refer to Item 1A, Risk Factors, for additional discussion of our risks associated with the costs of our raw materials, our supply chain, and inflation.
Interest rate risk.
7 unchanged sentences
Revenue and profit generated by international operations will increase or decrease compared to prior periods as a result of changes in foreign currency exchange rates.
−Removed: Historically, our foreign currency risk has primarily related to our operations in Canada, which were largely related to the SimplyProtein brand.
−Removed: With the SimplyProtein Sale in September 2020 as well as the restructuring-related business activities in Europe, we have mitigated some of our risk of exposure to changes in foreign currency rates.
+Added: Historically, our foreign currency risk has primarily related to our operations in Canada, which were largely related to a brand we sold in September 2020.
+Added: With this sale transaction, as well as the restructuring-related business activities in Europe, we have mitigated some of our risk of exposure to changes in foreign currency rates.
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.