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Item 1A. Risk Factors
There haInflation and Tightened Labor Markets
The Company has seen a slight negative been no material changes to timpact in its margins due to inflation and tightened labor markets as the Company strives to increase prices to customers as its operating costs increase. The Company may not be able to timely increase its selling prices to its customer resulting from price increases from its suppliers due to various economic factors, including tariffs and other inflationary costs, labor and shipping costs and its own increases in shipping, labor and other operating costs. The risCompanys results of operations may also be affected by economic conditions, including tariffs and other inflationary pressures, that can impact consumer disposable income levels and spending habits, thereby reducing the orders it may receive from the Companys significant customers.
There have been no additional material changes to the risk factors set forth in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024.
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