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🟡 Modified Disclosure change7/10

Pandemics and other health crises, including COVID-19, could affect our business, financial condition and results of operations in many respects.

medium match confidence

Sentence-level differences:

Reworded sentence: "The emergence, severity, magnitude and duration of global or regional health crises are uncertain and difficult to predict."

Current (2023):

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The emergence, severity, magnitude and duration of global or regional health crises are uncertain and difficult to predict. A pandemic, such as COVID-19, could affect certain business operations, demand for our products and services, in-stock positions, costs of doing business, availability of labor, access to inventory, supply chain operations, our ability to predict future performance, exposure to litigation, and our financial performance, among other things. Other factors and uncertainties include, but are not limited to:

The severity and duration of pandemics;
Evolving macroeconomic factors, including general economic uncertainty, unemployment rates, and recessionary pressures;
Changes in labor markets affecting us and our suppliers;
Unknown consequences on our business performance and initiatives stemming from the substantial investment of time and other resources to the pandemic response;
The pace of post-pandemic recovery;
The long-term impact of the pandemic on our business, including consumer behaviors; and
Disruption and volatility within the financial and credit markets.

View prior text (2022)

The continuing impacts of the COVID-19 pandemic are highly unpredictable and volatile and are affecting certain business operations, demand for our products and services, in-stock positions, costs of doing business, availability of labor, access to inventory, supply chain operations, our ability to predict future performance, exposure to litigation, and our financial performance, among other things.

Other factors and uncertainties include, but are not limited to:

The severity and duration of the pandemic, including future mutations or related variants of the virus in areas in which we operate;
Evolving macroeconomic factors, including general economic uncertainty, unemployment rates, and recessionary pressures;
Changes in labor markets affecting us and our suppliers;
Unknown consequences on our business performance and initiatives stemming from the substantial investment of time and other resources to the pandemic response;
The pace of recovery when the pandemic subsides;
The long-term impact of the pandemic on our business, including consumer behaviors; and
Disruption and volatility within the financial and credit markets.

To the extent that COVID-19 continues to adversely affect the U.S. and global economy, our business, results of operations, cash flows, or financial condition, it may also heighten other risks described in this section, including but not limited to those related to consumer behavior and expectations, competition, brand reputation, implementation of strategic initiatives, cybersecurity threats, payment-related risks, technology systems disruption, supply chain disruptions, labor availability and cost, litigation, operational risk as a result of remote work arrangements and regulatory requirements.