United States securities and exchange commission logo
March 2, 2023
Michael Bourque
Chief Financial Officer
Chase Corp.
375 University Avenue
Westwood, Massachusetts 02090
Re: Chase Corp.
Form 10-K for the
Fiscal Year Ended August 31, 2022
Filed November 10,
2022
File No. 001-09852
Dear Michael Bourque:
We have limited our review of your filing to the financial
statements and related
disclosures and have the following comment. In our comment, we may ask
you to provide us
with information so we may better understand your disclosure.
Please respond to this comment within ten business days by
providing the requested
information or advise us as soon as possible when you will respond. If
you do not believe our
comment applies to your facts and circumstances, please tell us why in
your response.
After reviewing your
response to this comment, we may have additional comments.
Form 10-K for the Fiscal Year Ended August 31, 2022
Management's Discussion and Analysis of Financial Condition and Results
of Operations
Overview, page 22
1. You disclose here, and
in your quarterly filing, that you are experiencing inflationary cost
increases on raw
materials. In future filings, please quantify and disclose the impact of the
inflationary pressures
you are experiencing on cost of products sold and gross margin and
disclose and discuss
actions planned or taken, if any, to mitigate inflationary pressures. In
addition, in future
annual and quarterly filings, please separately quantify and discuss the
impact that changes in
prices, changes in volumes, and acquisitions had on revenue during
each period presented.
In closing, we remind you that the company and its management are
responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review,
comments, action or
absence of action by the staff.
Michael Bourque
Chase Corp.
March 2, 2023
Page 2
You may contact Dale Welcome at 202-551-3865 or Anne McConnell at
202-551-3709
with any questions.
FirstName LastNameMichael Bourque Sincerely,
Comapany NameChase Corp.
Division of Corporation
Finance
March 2, 2023 Page 2 Office of Manufacturing
FirstName LastName