EVM segment net sales increased by 33.7% YoY, driven by higher sales of mobile computing and data capture products. This segment is experiencing a stronger recovery in demand trends.

The Company completed its actions under the 2022 Productivity Plan in the third quarter. These programs have impacted over 9% of our global employee base and are expected to result in annualized net cost savings of approximately $120 million.

The company continues to focus on growth opportunities within adjacent and expansion markets by scaling and integrating recent business acquisitions. This indicates a strategic emphasis on expanding beyond core businesses.

The 2022 Productivity Plan and U.S. voluntary retirement plan are expected to result in annualized net cost savings of approximately $120 million, primarily within Operating expenses.

Management believes that as of September 28, 2024, their disclosure controls were effective. This indicates a strong emphasis on accurate and timely financial reporting.

Net cash provided by operating activities was $707 million for the nine months ended September 28, 2024, as compared to net cash used in operating activities of $145 million for the nine months ended September 30, 2023, primarily due to lower cash payments for inventory purchases and the reduction of overall inventory levels.

The company acknowledges that its indebtedness could have important consequences, including difficulty in satisfying obligations, impaired ability to obtain additional financing, and reduced flexibility in responding to changing industry conditions.

The company acknowledges that disruptions to its IT systems could interfere with operations, interrupt order processing and shipments, damage customer and business partner relationships, and negatively impact reputation.

The company acknowledges that defects or errors in its software products, or third party software included in or upon which its products, solutions and services rely, could harm our reputation, result in significant cost to us, and impair our ability to market such products.

The company states that it is a market leader in its core businesses, which are generally considered to be comprised of its mobile computing and data capture products, printing products and supplies, as well as support and repair services.

Three customers, who are distributors of the Company's products and solutions, individually accounted for more than 10% of our Net sales for the periods presented. These customers accounted for 56% of accounts receivable as of September 28, 2024.

End-users of our products, solutions and services are diversified across a wide variety of industries. This diversification reduces the risk associated with reliance on any single industry.

Operating expenses decreased as a percentage of net sales, reflecting the impact of expense leveraging. Lower exit and restructuring costs and incremental savings largely attributed to our Exit and restructuring actions.

Lower cash payments for inventory purchases and the reduction of overall inventory levels contributed to a significant increase in net cash provided by operating activities.

The Company completed its actions under the 2022 Productivity Plan in the third quarter. Together, these programs have impacted over 9% of our global employee base and are expected to result in annualized net cost savings of approximately $120 million.

We continue to advance our Enterprise Asset Intelligence (“EAI”) vision: every asset and front-line worker visible, connected, and fully optimized.

Our workflow optimization solutions include cloud-based software subscriptions, retail solutions, and robotic automation solutions.

Through continual innovation, we have expanded beyond the traditional AIDC market to transform activities such as factory production, packages moving through a supply chain, retail shopping, and the hospital patient journey.

During the first nine months of 2024, the Company repurchased 50,304 shares of common stock for approximately $16 million. As of September 28, 2024, the Company has cumulatively repurchased 459,318 shares of common stock for approximately $123 million, resulting in a remaining amount of share repurchases authorized under the May 2022 program of $877 million.

A portion of the recently issued Senior Notes was utilized to reduce total debt, compared to net borrowings in the prior year.

Purchases of property, plant and equipment were (41) million for the nine months ended September 28, 2024.

There is no mention of any specific ESG initiatives in the filing.

The effect of global market conditions, including the North America; EMEA; Latin America; and Asia-Pacific regions in which we do business.

The impact of changes in foreign exchange rates, customs duties and trade policies due to the large percentage of our sales and operations being outside the U.S.

The impact of changes in foreign and domestic governmental policies, laws, or regulations.