ADDED
All statements that reflect our expectations, assumptions or projections about the future, other than statements of historical fact, are forward-looking statements.
These statements include, but are not limited to, statements related to our recently announced restructuring plan, and statements of our expectations regarding the performance of our business, our financial results (including volume growth, pricing, sales and cash flows), our operations, our liquidity and capital resources, the conditions in our industry and our growth strategy.
Summary of Risk Factors An investment in Vestis is subject to a number of risks, including risks relating to its business and indebtedness, risks related to Vestis Separation from Aramark and risks related to Vestis common stock.
Risks Related to Vestis Business Operations Unfavorable economic conditions, including as a result of government shutdowns, inflationary pressures and higher interest rates, have in the past adversely affected, are currently adversely affecting and in the future could adversely affect Vestis business, financial condition or results of operations.
An impairment charge of Vestis intangible assets, including goodwill, could have a negative impact on its financial condition and results of operations Competition in Vestis industry could adversely affect Vestis business, financial condition or results of operations.
Vestis may not successfully execute or achieve the expected benefits of its restructuring plan and other measures it may take in the future, and its efforts may adversely affect its business, financial condition or results of operations.
Increases in fuel and energy costs, including as a result of military conflicts in Ukraine and the Middle East, could materially and adversely affect Vestis business, financial condition or results of operations.
Risks related to implementation of new or increased tariffs and ongoing changes in U.S.
and foreign government trade policies, including potential modifications to existing trade agreements and retaliatory measures by foreign governments.
Vestis expansion strategy involves risks, including its ability to successfully integrate the businesses Vestis acquires and costs and timing related thereto.
REMOVED
All statements that reflect our expectations, assumptions or projections about the future, other than statements of historical fact, are forward-looking statements, including, without limitation, statements relating to future operations and financial performance (including volume growth, pricing, sales and cash flows) and statements regarding our strategy for growth, future product development, regulatory approvals, competitive position and expenditures.
These statements include, but are not limited to, statements related to our expectations regarding the performance of our business, our financial results, our operations, our liquidity and capital resources, the conditions in our industry and our growth strategy.
Increases in fuel and energy costs could materially and adversely affect Vestis business, financial condition or results of operations.
Environmental regulations may subject Vestis to significant liability and limit its ability to grow.
Unanticipated changes in tax law could adversely impact Vestis financial results Vestis operations and reputation may be adversely affected by disruptions to or breaches of Vestis information systems or if Vestis data is otherwise compromised.
Vestis is subject to legal proceedings that may adversely affect the business, financial condition or results of operations.
Risks Related to Vestis Indebtedness Vestis has debt obligations that could adversely affect its business and profitability and its ability to meet other obligations.
Vestis debt agreements contain restrictions that limit its flexibility in operating its business.
Vestis is repositioning its brand to remove the Aramark name, which could adversely affect its ability to attract and maintain customers.
Risks Related to Vestis Common Stock and Organizational Documents Your percentage of ownership in Vestis may be diluted in the future.