What the changes say
- International operations face heightened scrutiny regarding tariff rate changes and trade policies from both the U.S. and foreign jurisdictions.
What changed since the prior 10-K
Reworded
- 23% rewritten
Because we rely on foreign suppliers and we sell products in foreign markets, we are susceptible to numerous international business risks that could increase our costs or disrupt the supply of our products
Expanded to explicitly encompass changes in tariff rates driven by either the United States or foreign jurisdictions.
All 26 risk factors
Headings as the filing states them, in filing order.
Other
- 01Our net sales and profitability depend on our ability to continue to conceive, design and market products that appeal to our consumers
- 02Intellectual property disputes relating to our products could increase our costs
- 03Product recalls and other claims could affect our financial position and results of operations
- 04We may experience difficulties in integrating strategic acquisitions
- 05We are dependent upon certain key members of management
- 06We rely on our credit facilities to provide us with sufficient working capital to operate our business
- 07Our debt covenants may limit our ability to complete acquisitions, incur debt, make investments, sell assets, merge or complete other significant transactions
- 08We may be subject to disruptions or failures in our information technology systems and network infrastructures that could have a material adverse effect on our business
- 09Our inability to manage our inventory levels could have a material adverse effect on our business
- 10Uncertainty over global tariffs, or the financial impact of tariffs, may negatively affect our results
- 11The effective tax rate of the Company may be negatively impacted by future changes to tax laws in global jurisdictions in which we operate
- 12We are subject to environmental, climate change, safety and human rights regulations and legislation
- 13Our failure to adequately protect personal information could have a material adverse effect on our business
- 14Competition, consolidation and financial distress in our markets could reduce our net sales, profitability and cash flows
- 15General economic conditions affect the Company’s results
- 16A limited number of our shareholders can exert significant influence over the Company
- 17Our shares of common stock are thinly traded and our stock price may be volatile
- 18Our stock price is volatile and our shareholders may not be able to resell shares of Class A Common Stock at or above the price they paid
- 19Sources of and fluctuations in market prices of raw materials can affect our operating results
- 20Financial distress in supply chain and shortage of raw materials or components of supply
- 21Currency exchange rate fluctuations could adversely affect the Company’s results
- 22Because we rely on foreign suppliers and we sell products in foreign markets, we are susceptible to numerous international business risks that could increase our costs or disrupt the supply of our products23% rewritten
- 23Cyber security vulnerabilities, threats and more sophisticated and targeted computer crime could pose a risk to our systems, networks, products, solutions, services and data
- 24While our Board of Directors oversees cybersecurity risk mitigation efforts as part of our Enterprise Risk Management Framework, we rely to a large degree on management and outside consultants in managing our cybersecurity risk and ensuring adequate and proper measures are in place to protect against these risks
- 25Future terror attacks, war, natural disasters or other catastrophic events beyond our control could negatively impact our business
- 26Our business is susceptible to adverse weather conditions or events
Other Johnson Outdoors 10-Ks
- FY2024 10-K risk factors26 risks
Johnson Outdoors relies heavily on seasonal credit facilities, faces intense competition from peers like Brunswick and Garmin, and is controlled by the Johnson family through 75 percent voting power.
Filed Dec 11, 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.