Company: AVD
Filing Date: 2025-05-29
Form Type: 10-K
Source: 0000950170-25-078615
Chunk: 17

Company: AMERICAN VANGUARD CORP
Filing Date: 2025-05-29
Form: 10-K
Item: Item 7A
Chunk 17
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 to either avoid, minimize or forestall them. In response to inflation and other factors that have increased the cost of goods and services, the Company has successfully implemented price increases on its products. However, inflation resulted in persistently high interest rates. As a result, customers in many regions implemented destocking directives in order to limit their carrying costs of inventory. This, in turn, led to an overall drop in demand in late 2022 through the end of 2024. There can be no assurance that inflation will not have a material adverse effect on the Company’s financial performance in future periods.

As part of an on-going process of assessing business risk, management has identified risk factors which are disclosed in Item 1A. Risk Factors of this Annual Report on Form 10-K.