−Removed: Quantitative and Qualitative Disclosures about Market Risks
+Added: Quantitative and Qualitative Disclosures about Market Risk
We are exposed to four primary types of market risks:
foreign currency exchange rate risk, credit and counterparty risk, interest rate risk, and commodity price risk.
−Removed: These risks, as discussed below, have not changed materially versus the prior reporting period.
−Removed: In addition, we are not aware of any facts or circumstances that would significantly impact such exposures in the near term.
Foreign Currency Exchange Rate Risk
19 unchanged sentences
Interest Rate Risk
−Removed: Borrowings under our Revolving Credit Facility and Equipment Credit Facility bear interest at floating interest rates.
−Removed: At September 27, 2024, we had no borrowings subject to floating interest rates.
+Added: Borrowings under our Revolving Credit Facility bear interest at floating interest rates.
+Added: As of October 3, 2025, we had no borrowings subject to floating interest rates.
See Note 6, Borrowings, of the Notes to the Consolidated Financial Statements for further information.
5 unchanged sentences
The prices of these raw materials fluctuate in response to changes in supply and demand fundamentals and our product margins and level of profitability tend to fluctuate with changes in these raw materials prices.
−Removed: We try to protect against such volatility through various business
−Removed: During the fiscal year ended September 27, 2024, we did not have any commodity derivative instruments in place to manage our exposure to price changes.
+Added: We try to protect against such volatility through various business strategies.
+Added: During fiscal year 2025, we did not have any commodity derivative instruments in place to manage our exposure to price changes.
Sensitivity Analysis
−Removed: The following table sets forth the potential loss in future earnings, fair value, or cash flows resulting from hypothetical changes in relevant market rates or prices as of September 27, 2024.
+Added: The following table sets forth the potential loss in future earnings, fair value, or cash flows resulting from hypothetical changes in relevant market rates or prices as of October 3, 2025.
The actual impact of the respective underlying rates and price changes on the financial instruments may differ significantly from those shown in the sensitivity analysis.
−Removed: Market Risk Category Hypothetical Change Estimated Impact
+Added: Market Risk Category Hypothetical Change Estimated Annual Impact
(In millions) Impact Category
6 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.