{
  "ticker": "AZO",
  "company": "AZO",
  "filing_type": "10-K",
  "year_current": "2026",
  "year_prior": "2025",
  "summary": {
    "added": 12,
    "removed": 13,
    "modified": 44,
    "unchanged": 34,
    "total_current": 90,
    "total_prior": 91
  },
  "source": "SEC EDGAR",
  "url": "https://riskdiff.com/azo/2026-vs-2025/",
  "markdown_url": "https://riskdiff.com/azo/2026-vs-2025/index.md",
  "json_url": "https://riskdiff.com/azo/2026-vs-2025/index.json",
  "access": "public_preview",
  "source_filings": [
    {
      "label": "2026 10-K filing on SEC EDGAR",
      "url": "https://www.sec.gov/Archives/edgar/data/866787/000110465926118791/0001104659-26-118791-index.htm"
    },
    {
      "label": "2025 10-K filing on SEC EDGAR",
      "url": "https://www.sec.gov/Archives/edgar/data/866787/000110465925102611/0001104659-25-102611-index.htm"
    }
  ],
  "generated": "2026-10-26",
  "ai_summary": "New disclosures highlight macroeconomic and geopolitical shocks, tighter access to credit, and climate-related responses, broadening the risks that could pressure results and financing.",
  "ai_brief": {
    "executive_summary": "New disclosures highlight macroeconomic and geopolitical shocks, tighter access to credit, and climate-related responses, broadening the risks that could pressure results and financing.",
    "direction": "more_concerning",
    "top_themes": [
      "China & Geopolitical Exposure",
      "Climate & ESG",
      "Interest Rates & Inflation"
    ]
  },
  "risks": [
    {
      "status": "ADDED",
      "current_title": "Significant changes in macroeconomic and geopolitical factors could materially adversely affect our financial condition and results of operations.",
      "prior_title": null,
      "severity": {
        "deterministic": 10,
        "ai_bump": 0,
        "total": 10,
        "tier": "high",
        "signal_hits": [
          "tariffs",
          "china",
          "cyber",
          "supplychain",
          "rates"
        ]
      },
      "current_body": "​ Macroeconomic conditions impact both our customers and our suppliers. Moreover, the U.S. government continues to operate under historically large deficits and debt burden. Continued distress in global credit markets, business failures, civil unrest, inflation, rising interest rates, foreign exchange rate fluctuations, significant geopolitical conflicts, proposed or additional tariffs, continued volatility in energy prices, the impact of a public health crisis or pandemic, constraints on the global supply chain, a sustained government shutdown and other factors continue to affect the global economy. Moreover, rising energy prices could impact our merchandise distribution, commercial delivery, utility and product costs. While it is unclear how such factors could impact our business in the short term, over a longer period of time these macroeconomic and geopolitical conditions could adversely affect our sales growth, margins and overhead. These could materially adversely affect our financial condition and operations. ​ Item 1B. Unresolved Staff Comments None. Item 1C. Cybersecurity"
    }
  ],
  "full_url": "https://riskdiff.com/azo/2026-vs-2025/full/"
}