Downloaded by Neil.Wang@troweprice.com Not for redistribution without written consent of Morgan Stanley October 12, 2025 10:44 PM GMT Hardline/Broadline/Food Retail | North America What is Broadlines/Hardlines' China sourcing exposure? While most companies in our coverage have moved to diversify their supply chain relationships away from China to some degree, substantial exposure remains. We have updated our estimates to reflect our best assessment of the percentage of goods sourced from China on a go-forwa ...