Live Ventures Incorporated

Climate Impact & Sustainability Data (2021, 2023, 2024)

Collective bargaining agreements covering approximately 40 employees at Precision Marshall were successfully renegotiated during 2021 without a work stoppage, and were extended to 2026.

Reduced demand for products and services due to deterioration in economic conditions.
Increased debt balances related to acquisitions and higher interest rates.
Supply chain restrictions based upon legislation limiting imports from certain global regions (UFLPA).
Intense competition in the flooring industry.
Rising costs of raw materials, energy, and fuel.
Reduced customer demand in steel manufacturing due to general economic conditions.
Limited availability or volatility in prices of raw materials and energy.
Shortages of qualified labor and increased labor costs.
Operational disruptions due to unplanned equipment outages and unforeseen circumstances.
Potential labor disruptions due to unionized workforce.
Increases in costs or availability of transportation services.
Changes in U.S. and foreign tariffs, trade agreements, laws, and policies.
Cyclical nature of the steel industry.
Compliance with environmental regulations.
Pressure to reduce greenhouse gas emissions.

Acquisitions of new businesses to expand and grow the business.
Regular monitoring of capital market conditions to raise additional funds.
Strategic initiatives to produce more variable results during periods of economic and market downturns.
Investments in manufacturing equipment and computer systems.
Lean marketing approach to ensure return on investment.
Development of alternative sourcing strategies (not explicitly stated, but implied by challenges).

Reduced consumer demand and a shift in sales mix toward used products in the Retail-Entertainment segment.
Declining operations in the Retail-Flooring segment due to negative impacts of general economic conditions.
Increased costs and delays in the supply chain due to global events (Houthi attacks, Panama Canal drought, port strike).
Decreased margins in the Steel Manufacturing segment due to reduced production and the acquisition of PMW.
Shortages of qualified labor in the Steel Manufacturing segment.
Potential supply chain disruptions in the Flooring Manufacturing segment due to the Uyghur Forced Labor Prevention Act.

Expanding sales force in the Flooring Manufacturing segment.
Increased convention and trade show activity in the Flooring Manufacturing segment.
Strategic initiatives to produce more variable results during periods of economic and market downturns in the Steel Manufacturing segment.
Investments in manufacturing equipment and computer systems in the Flooring Manufacturing segment.
Investment in new yarn extrusion capacity in the Flooring Manufacturing segment to reduce production costs and increase margins.
Actively working with Fifth Third Bank to resolve PMW's default on its loan covenants.