Store locations may become unsuitable due to, and our sales volume and customer traffic generally may be harmed by, among other things:
economic downturns in a particular area;
competition from nearby retailers selling similar apparel or accessories;
changing consumer demographics in a particular market;
changing preferences of consumers in a particular market;
the closing or decline in popularity of other businesses located near our stores; and
store impairments due to terrorism, natural disasters, or acts of God.
Found this in a 10-k, I literally laughed out loud. Figured it was worth sharing.
You know that's just a common colloquialism for unforeseen, exogenous-type events, right?
Don't be a kill joy
If killjoy means pointing out that a post is basically just giving everyone an FYI that someone used a colloquialism in a 10-k and that's not particularly interesting, then that's what I am I guess
I thought it was funny but we can agree to disagree.. maybe my sense of humor is a mix of dry and fraternity sarcasm
Are you serriously stupid? Call yourself a hedge fund analyst yet you sound like you have literally no experiences in finance. That clause is found everywhere in all sorts of reports, especially in legal documents. Change your title to "Incoming student at a local community college". Thanks.
First time I have seen it in a 10k, but as I told you before.. If you're not a pussy and want to put your money where your mouth is, my offer to bet $10,000 my fund outperformed any fund in your portfolio in 2016 stands. I think you have a lot of big talk and a small desk. Rest assured my feet are up in my office as I write this.
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