Sanfilippo John B & Son (JBSS) risk factors, FY2026 10-K

Industry Risks

1. 01We Have Limited Ability to Control the Availability or Cost of Raw Materials and this May Have a Material Adverse Effect on Our Results of Operations, Cash Flows and Financial Condition
2. 02We Operate in a Competitive Environment Which Could Materially and Adversely Affect our Financial Condition and Results of Operations
3. 03Significant Private Brand Competitive Activity Could Materially and Adversely Affect Our Sales and as a Result Our Financial Condition and Results of Operations
4. 04Changing Consumer Preferences and Demand Could Materially and Adversely Affect Our Financial Condition and Results of Operations21% rewritten
5. 05We are Subject to Customer Pricing Pressures and Retail Consolidation Trends Which Could Materially and Adversely Affect Our Financial Condition and Results of Operations
6. 06Food Safety, Allergy and Product Contamination Concerns Could Have a Material Adverse Effect on Our Financial Condition and Results of Operations
7. 07Product Liability, Product Recalls, Product Labeling and Product Advertising Claims May Have a Material Adverse Effect on Our Results of Operations and Cash Flows
8. 08Increased Production, Materials, Transportation and Insurance Costs Could Materially and Adversely Affect Our Financial Condition and Results of Operations
9. 09Technology Disruptions, Failures or Breaches, Hacking Activity, Ransomware Attacks or Other Cybersecurity Events Could Materially and Adversely Affect Our Financial Condition and Results of Operations
10. 10Increases in Labor Costs or Work Stoppages, Strikes or Other Labor Events Could Materially and Adversely Affect Our Financial Condition and Results of Operations22% rewritten
11. 11The Impact of Changing Climate Patterns Could Materially and Adversely Affect Our Financial Condition and Results of Operation

Business Risks

1. 12Negative Perception About Our Company, Our Values and Practices or our Branded or Private Brand Products Could Have a Material Adverse Effect on Our Financial Condition and Results of Operations
2. 13We are Dependent Upon Certain Significant Customers Which Could Materially and Adversely Affect Our Financial Condition, Cash Flows and Results of Operations34% rewritten
3. 14Our Products are Processed at a Limited Number of Production Facilities and any Significant Disruption at any of Our Production Facilities or Disruption with a Third-Party Supplier Could Have a Material Adverse Effect on Our Financial Condition and Results of Operations
4. 15Inability to Identify, Manage and Integrate Acquisitions and Joint Ventures Could Materially and Adversely Affect Our Financial Condition and Results of Operations26% rewritten

Regulatory and Legal Risks

1. 16We are Subject to Government Regulation Which Could Materially and Adversely Affect Our Results of Operations
2. 17Operational, Legal, Economic, Political and Social Risks of Doing Business in International Markets and Other Foreign Countries May Have a Material Adverse Effect on Our Results of Operations
3. 18Litigation, Investigations or Other Legal Actions Could Materially and Adversely Affect Our Financial Condition and Results of OperationsNew
4. 19Inability to Protect Our Intellectual Property or Avoid Intellectual Property Disputes Could Materially and Adversely Affect Our Financial Condition and Results of Operations

Financial Risks

1. 20Certain of Our Stockholders Possess a Majority of Aggregate Voting Power in the Company and Stockholders within The Sanfilippo Group Have Pledged Shares of their Class A Stock, Which May Make a Takeover or Change in Control More or Less Difficult and Could Materially and Adversely Affect Our Financial Condition and Results of Operations
2. 21The Way in Which We Measure Inventory May Have a Material Adverse Effect on Our Results of Operations