Brady (BRC) risk factors

20 risks, 6 new, 2 dropped, 6 reworded since the prior year. PSS acquisition dominates: integration complexity, $1.6 billion of new debt, higher goodwill and semiconductor exposure.

16 risks, 1 new, 6 reworded since the prior year. Brady Corp added specific disclosures around business divestitures and indemnity liabilities. Tax disclosures were updated to reflect the U.S. enactment of the One Big Beautiful Bill Act. Goodwill increased to $676.9 million and intangible assets to $105.4 million.

15 risks. Brady Corp faces risks primarily driven by raw material inflation, digital channel shifts, and global currency exposure. The company relies heavily on acquisitions and digital transformation while facing concentrated voting control by founder descendants.