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Snap-on (SNA) Risk Factor Changes

Latest 10-K compared with the year before

Snap-on Risk Factor Changes

Latest 10-K compared with the year before. 9 changes found.

RewrittenRegulations, such as the Corporate Sustainability Reporting Directive (CSRD) in…

Regulations, such as the Corporate Sustainability Reporting Directive (CSRD) in the European Union, as well as various industry and third-party requirements or standards have been developed that are intended to addres…

RewrittenA decline in industry and/or economic conditions has the potential…

A decline in industry and/or economic conditions has the potential to weaken the financial position of some of our customers, including financial services customers.

RewrittenThe company has experienced and responded to cyber incidents. No…

The company has experienced and responded to cyber incidents.

RewrittenWe use various energy sources to transport, produce and distribute…

We use various energy sources to transport, produce and distribute products, and some of our products have components that are petroleum based.

RewrittenSnap-on’s supply of raw materials and purchased components are generally…

Snap-on’s supply of raw materials and purchased components are generally available from numerous suppliers, and the company continuously works to expand its supplier base to ensure availability.

RemovedIn recent years there has been increased public awareness, concern…

In recent years there has been increased public awareness, concern and focus on environmental and sustainability issues, including matters related to climate change, and we expect these trends to continue.

RemovedA decline in industry and/or economic conditions has the potential…

A decline in industry and/or economic conditions has the potential to weaken the financial position of some of our customers, including financial services customers.

AddedAdditionally, as a government contractor, purchasing regulations contain many operational…

Additionally, as a government contractor, purchasing regulations contain many operational requirements and a failure to comply with such requirements could result in civil and criminal penalties or other actions that…

AddedRaw materials, components and certain purchased finished goods can exhibit…

Raw materials, components and certain purchased finished goods can exhibit price and demand cyclicality, including as a result of tariffs, other trade protection measures, inflationary factors and supply chain ineffic…

Full wording for every change is in Pro.

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