What the changes say
- Wal-Mart revenue concentration rose from 27.8% to 33.5% while its accounts receivable share dropped to 8.2%.
- Dollar General accounts receivable exposure increased from 20.2% to 28.8%.
- Unionized headcount grew from 278 to 293 employees.
What changed since the prior 10-K
Reworded
- 42% rewritten
We depend on our major customers, and any loss of such customers could have a negative impact on our profitability
Wal-Mart revenue concentration increased from 27.8% to 33.5%, Dollar General receivables exposure rose from 20.2% to 28.8%, and Wal-Mart receivables dropped to 8.2%.
- 22% rewritten
Disputes with labor unions could have an adverse impact on our operations and financial results
The number of employees covered by collective bargaining agreements increased from 278 to 293.
All 13 risk factors
Headings as the filing states them, in filing order.
Other
- 01We are subject to general risks in the food industry, including, among other things, risk relating to changes in consumer preferences and product contamination as well as general economic conditions, any of which, if realized, could negatively impact our operating results and financial position
- 02Climate change and related climate change regulations, including with respect to greenhouse gas effects, may negatively affect our results of operations
- 03Increasing concern over climate change also may result in additional legal or regulatory requirements designed to manage greenhouse gas emissions, climate risks, and resulting environmental impacts. If such requirements are enacted, we could experience significant cost increases in our operations and supply chain
- 04Fluctuations in commodity prices and the availability of raw materials could negatively impact our financial results
- 05We are subject to extensive government regulations and failure to comply with such regulations could negatively impact our financial results
- 06We depend on our key management, the loss of which could negatively impact our operations
- 07We depend on our major customers, and any loss of such customers could have a negative impact on our profitability42% rewritten
- 08Labor shortages and increased turnover or increases in employee and employee-related costs could have adverse effects on our profitability
- 09Disputes with labor unions could have an adverse impact on our operations and financial results22% rewritten
- 10Our business and reputation could suffer if we experience security breaches and other disruptions to our information technology infrastructure
- 11With approximately 80% of our stock beneficially owned by the Bridgford family, there are risks that they can exert significant influence or control over our corporate matters
- 12We participate in Multiemployer Pension Plans which could negatively impact our operations and profitability
- 13Eminent domain and land risk regulations could negatively impact our financial results and financial position
Other Bridgford Foods 10-Ks
- FY2024 10-K risk factors13 risks
Heavy customer concentration with Wal-Mart and Dollar General drives revenue risk.
Filed Jan 29, 2025
About this page
The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.