Company: SWAGW
Filing Date: 2025-04-14
Form Type: 10-K
Source: 0001213900-25-031596
Chunk: 41

Company: Stran & Company, Inc.
Filing Date: 2025-04-14
Form: 10-K
Item: Item 1
Chunk 41
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 possibility of such pandemics or emergencies),
terrorist attacks, extreme weather events or other natural disasters or other unpredicted events, could create economic and financial
disruptions, and could lead to operational difficulties (including travel limitations) that could impair our ability to source and supply
products and services and manage our businesses, and could negatively impact our customers’ ability or willingness to purchase our
products and services.

For example, our corporate headquarters is located
in Massachusetts, which experiences natural hazards such as flooding and coastal erosion; should any unforeseen or catastrophic events
occur, the possibly resulting infrastructure damage and disruption to the area could negatively affect our company, such as by damage
to or total destruction of our headquarters, surrounding transportation infrastructure, network communications and other forms of communication.
Some of our other locations and those of our suppliers also are exposed to hurricanes, earthquakes, floods and other extreme weather events;
the damage that such events could produce could affect the supply of our products and services.

We face intense competition within our industry
and our revenue and/or profits may decrease if we are not able to respond to this competition effectively. 

Customers in the
promotional products, tradeshow and event marketplace, loyalty and program management business process outsourcing industries choose distributors
primarily based upon the quality, price and breadth of products and services offered. We encounter competition from a number of companies
in the geographic areas we serve. The majority of our revenue is derived from the sale of promotional products. Our major competitors
include companies such as 4Imprint Group plc (LSE: FOUR.L), Brand Addition Limited (The Pebble Group plc) (LSE: PEBB), BAMKO LLC (Superior
Group of Companies, Inc.) (Nasdaq: SGC), Staples Promotional Products (Staples, Inc.), Boundless Network, Inc. (Zazzle Inc.), Custom Ink,
Cimpress plc (Nasdaq: CMPR), HALO Branded Solutions, Inc., Imagine This (Shye West, Inc.), Power Promotions, Inc. and Global Promotional
Sourcing, LLC. We also compete with a multitude of foreign, regional and local competitors that vary by market. If our existing or future
competitors seek to gain or retain market share by reducing prices, we may be required to lower our prices, which would adversely affect
our operating results. Similarly, if customers or potential customers perceive the products
or services offered by our existing or future competitors to be of higher quality than ours or