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Floor & Decor(FND) - 2023 Q4 - Annual Report

Forward-Looking Statements and Risks - Forward-looking statements in the Annual Report are based on current expectations, assumptions, and projections, and involve risks and uncertainties that could materially affect future results[18] - The company does not plan to update or revise forward-looking statements unless required by law[22] Economic and Market Risks - Key factors that could impact actual results include economic decline, inflation, interest rates, and challenges in managing new store growth and expansion[20] - Geopolitical risks, such as conflicts in the Middle East and Ukraine, and U.S. trade policies, may impact the company's ability to import products and increase costs[20] Supply Chain and Operational Risks - Risks related to supply chain disruptions, transportation costs, and product shortages could affect operations[20] - Dependence on foreign imports and potential supplier failures could affect product quality and pricing[20] - The company faces challenges in managing inventory, including obsolescence, shrinkage, and damage[20] Performance and Growth Challenges - The company's ability to manage comparable store sales growth is a critical factor for future performance[20] External Disruptions - Weather conditions, natural disasters, and public health crises may disrupt operations[20] Human Resources Risks - The resignation or loss of key personnel could impact the company's performance[20]