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What changed 10-K
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
2025-05-30 compared with 2024-05-29 · 1 added, 1 removed, 40 unchanged (5% of the section changed)
25 unchanged sentences
We recognized net remeasurement losses of $6.1 million and $5.1 million in fiscal years 2025 and 2024, respectively, and net remeasurement gains of $3.9 million in fiscal year 2023.
−Removed: We recognized net foreign currency transaction losses of $3.2 million and $8.8 million in fiscal years 2024 and 2023, respectively, and net foreign currency transaction gains of $18.0 million in fiscal year 2022.
+Added: We recognized net foreign currency transaction losses of $2.2 million, $3.2 million, and $8.8 million in fiscal years 2025, 2024, and 2023, respectively.
In addition to foreign exchange gains and losses, we are exposed to changes in the cost of tobacco due to changes in the value of the local currency in relation to the U.S.
13 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.