▸ Failure to maintain effective internal control over financial reporting could lead to material misstatements in our financial statements.· · · ● ● ● 3 ▸ Widespread health pandemics could materially impact our business, results of operations and financial condition.· · · ● ● ● 3 ▸ If we are unable to successfully identify market trends and react to changing consumer preferences in a timely manner, our sales may decrease.· ● ● ● ● ● 5 ▸ An inability to maintain or improve levels of sales growth could cause our stock price to decline.● ● · · · · 2 ▸ Changes in accounting standards may materially impact reporting of our financial condition and reported results of operations.● ● ● ● · · 4 ▸ Executive, legislative or regulatory action that restricts or closes access to the United States market from Mexico or Canada could have a material adverse effect on our business, financial condition and results of operations.● · · · · · 1 ▸ Increases in certain costs affecting our marketing, advertising and promotions may adversely impact our ability to advertise effectively and reduce our profitability.● ● ● · · · 3 ▸ Increases in the cost of raw materials could hurt our sales and profitability.● · · · · · 1 ▸ Our newly opened stores may negatively impact our financial results in the short-term, and may not achieve sales and operating levels consistent with our more mature stores on a timely basis or at all.● ● · · · · 2 ▸ The COVID-19 pandemic has impacted our operations and this or other potential future pandemics could materially impact our business, results of operations and financial condition.● ● ● · · · 3 rw ▸ The market price of our common stock has been volatile and may continue to be volatile, and our stockholders may not be able to sell our common stock at a favorable price or at all.● ● · · · · 2 ▸ New or increased tariffs on the foreign-sourced goods that we sell or the foreign-sourced materials incorporated into such goods could have a material adverse effect on our business, financial condition and results of operations.● · · · · ● 2 ▸ Adverse economic conditions and political instability could adversely affect our business, results of operations and financial condition and could negatively impact our ability to execute our growth strategy.● ● ● ● ● ● 6 ▸ Adverse weather conditions, natural disasters and the effects of climate change could disrupt our supply chain and adversely impact our sales and financial performance.● ● ● ● ● ● 6 ▸ An inability to maintain or increase our operating margins could adversely affect our results of operations.● ● ● ● ● ● 6 ▸ Any material disruption to or failure of our information systems could negatively impact our operations.● ● ● ● ● ● 6 ▸ Any significant interruption in the operations of our bulk food repackaging facility and distribution center or our supply chain network could disrupt our ability to deliver our merchandise in a timely manner.● ● ● ● ● ● 6 ▸ Claims under our self-insurance program may differ from our estimates, which could negatively impact our results of operations.● ● ● ● ● ● 6 ▸ Consumers or regulatory agencies may challenge certain claims made regarding the products we sell.● ● ● ● ● ● 6 ▸ Disruptions affecting our significant suppliers, or our relationships with such suppliers, could negatively affect our business.● ● ● ● ● ● 6 ▸ Effective tax rate changes and results of examinations by taxing authorities could materially impact our results of operations.● ● ● ● ● ● 6 ▸ Energy costs are a significant component of our operating expenses and increasing energy costs, unless offset by more efficient usage or other operational responses, may impact our profitability.● ● ● ● ● ● 6 ▸ Future events could result in impairment of long-lived assets, which may result in charges that adversely affect our results of operations and capitalization.● ● ● ● ● ● 6 ▸ group General risks related to our common stock● ● ● ● ● ● 6 ▸ Higher wage and benefit costs could adversely affect our business.● ● ● ● ● ● 6 ▸ If we are unable to protect our intellectual property rights, our ability to compete and the value of our brand could be harmed.● ● ● ● ● ● 6 ▸ If we fail to maintain our reputation and the value of our brand, our sales may decline.● ● ● ● ● ● 6 ▸ If we or our third-party suppliers fail to comply with regulatory requirements, or are unable to provide products that meet our specifications, our business and our reputation could suffer.● ● ● ● ● ● 6 ▸ Inflation or disinflation could adversely affect our business.● ● ● ● ● ● 6 rw ▸ Legal proceedings could adversely affect our business, financial condition and results of operations.● ● ● ● ● ● 6 ▸ Our ability to operate our business effectively could be impaired if we fail to retain or attract key personnel or are unable to attract, train and retain qualified employees.● ● ● ● ● ● 6 ▸ Our credit facility could limit our operational flexibility.● ● ● ● ● ● 6 ▸ Our current principal stockholders have significant influence over us, and they could delay, deter or prevent a change of control or other business combination or otherwise cause us to take action with which our stockholders might not agree.● ● ● ● ● ● 6 rw ▸ Our future business, results of operations and financial condition may be adversely affected by reduced availability of certified organic products or products that meet our other internal standards.● ● ● ● ● ● 6 ▸ Our liquidity needs may require us to raise additional capital through debt or equity financings.● ● ● ● ● ● 6 ▸ Our political advocacy activities may reduce our customer count and sales.● ● ● ● ● ● 6 ▸ Our sale of products containing cannabidiol (CBD) could lead to regulatory action by federal, state and/or local authorities or legal proceedings brought by or on behalf of consumers.● ● ● ● ● ● 6 ▸ Our share repurchase program may adversely affect our liquidity and cause fluctuations in our stock price.● ● ● ● ● ● 6 ▸ Our store sales growth and quarterly financial performance may fluctuate for a variety of reasons.● ● ● ● ● ● 6 ▸ Perishable food product losses could materially impact our results of operations.● ● ● ● ● ● 6 ▸ group Risks related to government regulations and policies● ● ● ● ● ● 6 ▸ group Risks related to our business and operations● ● ● ● ● ● 6 ▸ group Risks related to our indebtedness and liquidity● ● ● ● ● ● 6 ▸ The activities of our Nutritional Health Coaches and our nutrition education services may be impacted by government regulation or an inability to secure adequate liability insurance.● ● ● ● ● ● 6 ▸ The current geographic concentration of our stores creates exposure to local economies, regional downturns, severe weather and other catastrophic occurrences.● ● ● ● ● ● 6 ▸ The decision by certain of our suppliers to distribute their specialty products through other retail distribution channels could negatively impact our revenue from the sale of such products.● ● ● ● ● ● 6 ▸ Union activity among our Crew members or at third party transportation companies could disrupt our operations and harm our business.● ● ● ● ● ● 6 rw ▸ We are a “controlled company” within the meaning of the NYSE Listed Company Manual, and, as a result, rely on exemptions from certain corporate governance requirements that provide protection to stockholders of other companies.● ● ● ● ● ● 6 ▸ We have significant lease obligations, which may adversely affect our liquidity and require us to raise additional capital or continue paying rent for store locations that we no longer operate.● ● ● ● ● ● 6 ▸ We may be unable to compete effectively in our markets, which are highly competitive.● ● ● ● ● ● 6 ▸ We may be unable to generate sufficient cash flow to satisfy our debt service obligations, which could adversely impact our business.● ● ● ● ● ● 6 ▸ We may experience product recalls, withdrawals or seizures which could reduce our sales and adversely affect our results of operations.● ● ● ● ● ● 6 ▸ We may not be able to continue paying dividends on our common stock.● ● ● ● ● ● 6 ▸ We may not be successful in our efforts to grow profitably.● ● ● ● ● ● 6 rw