AVY: 10-K Risk Factor Changes

2025 vs 2024  ·  SEC EDGAR  ·  2026-06-01
Other years: 2026 vs 2025
✓ Deterministic extraction — no AI-generated data

Classification is based on semantic text similarity scoring and may include approximations. “No match” means no high-confidence textual match was found — not necessarily that a section was removed.

0
New Risks
2
Removed
14
Modified
23
Unchanged
🔴 No Match in Current Filing Epidemics, pandemics or other outbreaks of illness, and restrictions intended to prevent their spread, could materially adversely impact our business. 🔒
🔴 No Match in Current Filing Our inability to retain or renew certain tax incentives in foreign jurisdictions could materially adversely affect our effective tax rate. 🔒
🟡 Modified Our infrastructure needs impact our business and expenditures. 🔒
🟡 Modified Our stock price is subject to significant variability. 🔒
🟡 Modified If our indebtedness increases significantly or our credit ratings are downgraded, we may have difficulty obtaining acceptable short- and long-term financing. 🔒
🟡 Modified Changes in our business strategies and the restructuring of our operations affect our costs and the profitability of our businesses. In addition, our profitability may be materially adversely affected if we generate less productivity improvement from our restructuring and other cost reduction actions than anticipated. 🔒
🟡 Modified We are affected by changes in our markets due to increasing environmental regulations and sustainability trends. If we do not respond appropriately to these changes, it could negatively impact market demand, our market share and pricing, any of which could materially adversely affect our business. Adverse weather conditions and natural disasters, including those related to the impacts of climate change, adversely affect our business. 🔒
🟡 Modified For us to remain competitive, deliver on our business strategy and avoid business disruption, it is important to recruit high caliber talent, retain key management and highly-skilled employees and receive high quality service from all outsourced service providers. This includes providing market-competitive compensation and benefits and ensuring an engaged global team. 🔒
🟡 Modified We are affected by changes in our markets due to competitive conditions, technological developments, laws and regulations, and customer preferences. If we do not compete effectively or respond appropriately to these changes, it could reduce demand for our products and solutions, or we could lose market share or reduce our selling prices to maintain market share, any of which could materially adversely affect our business. 🔒
🟡 Modified Foreign currency exchange rates, and fluctuations in those rates, affect our business. 🔒
🟡 Modified There is a rapidly evolving awareness and focus from certain stakeholders, including our investors, customers and employees, with respect to our company’s sustainability and governance practices, which could affect our business. 🔒
🟡 Modified The demand for our products is impacted by the effects of, and changes in, worldwide economic, social, geopolitical and market conditions, which have had in the past and could in the future have a material adverse effect on our business. 🔒
🟡 Modified Our current and future debt covenants may limit our flexibility. 🔒
🟡 Modified Our strategy includes continuing to grow in emerging markets, which creates greater exposure to unstable geopolitical conditions, civil unrest, economic volatility, and other risks applicable to operating in these regions. 🔒
🟡 Modified Legislation implementing changes in taxation of business activities, adoption of other corporate tax policies, or other changes in tax legislation impact our business. 🔒
🟡 Modified Our pension assets and liabilities are significant and subject to market, interest and credit risk that may reduce their asset values or increase their liability values, either of which could increase our net pension liability. 🔒
16 changes in this historical filing

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