What the changes say
- Fuel station count dropped from 108 to 106 locations due to temporary closures from Hurricane Helene.
- The IT enhancement program mention was removed from the technology risk factor.
What changed since the prior 10-K
Reworded
- 41% rewrittenRisks Related to Our Business and Industry
The Company is affected by the availability and wholesale price of fuel and retail fuel prices, all of which can fluctuate quickly and considerably
The operating fuel station count was updated to 106 locations, specifically noting two locations temporarily closed due to Hurricane Helene.
- 25% rewrittenRisks Related to Our Business and Industry
The Company is subject to risks related to information systems and data security
The reference to an ongoing systematic program to enhance information technology abilities was removed from the IT systems risk description.
All 13 risk factors
Headings as the filing states them, in filing order.
Risks Related to Our Business and Industry
- 01Various aspects of the Company’s business are subject to federal, state and local laws and various operating regulations. The Company’s compliance with these regulations may require additional capital expenditures and could adversely affect the Company’s ability to conduct the Company’s business as planned
- 02The Company is affected by certain operating costs which could increase or fluctuate considerably
- 03The Company is subject to risks related to information systems and data security25% rewritten
- 04The Company has implemented procedures to protect its information technology systems and data necessary to conduct ongoing operations. The Company cannot, however, be certain that all these systems and data are entirely free from vulnerability to attack
- 05The Company is affected by the availability and wholesale price of fuel and retail fuel prices, all of which can fluctuate quickly and considerably41% rewritten
- 06Fluctuating fuel costs could adversely affect the Company’s operating costs which depend on fuel for the Company’s fleet of tractors and trailers which distribute goods from the Company’s distribution facility and for the Company’s fluid dairy operations
- 07The Company’s industry is highly competitive. If the Company is unable to compete effectively, the Company’s financial condition and results of operations could be materially affected
- 08Disruptions in the efficient distribution of food products to the Company’s warehouse and stores may adversely affect the Company’s business
- 09The Company’s operations are subject to economic conditions that impact consumer spending
- 10Inflation could impact the Company’s operations
- 11develop and maintain those relationships that provide us access to the newest on-trend merchandise and customer engagement options on reasonable terms
Risk Related to Ownership of Our Common Stock
- 12The Company’s principal stockholder, Robert P. Ingle II, has the ability to elect a majority of the Company’s directors, appoint new members of management and approve many actions requiring stockholder approval
- 13The market price and trading volume of our Class A Common Stock may be volatile and could decline significantly
Other Ingles Markets 10-Ks
- FY2024 10-K risk factors13 risks
Supermarket operations depend heavily on labor supply, fuel prices, and supply chain efficiency.
Filed Dec 27, 2024
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.