Which fiscal year for 7 Brew included a 53-week period?
7_Brew Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company operates on a 52- or 53-week fiscal year, which ends on the last Sunday of December. The years ended December 29, 2024, and December 25, 2022, included a 52-week fiscal year. The year ended December 31, 2023 included a 53-week fiscal year.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 82)
What This Means (2025 FDD)
According to 7 Brew's 2025 Franchise Disclosure Document, the company operates on either a 52- or 53-week fiscal year, which concludes on the last Sunday of December. The FDD specifies the length of the fiscal year for 2022, 2023, and 2024.
Specifically, the fiscal year that ended on December 31, 2023, included a 53-week period. In contrast, the fiscal years that ended on December 29, 2024, and December 25, 2022, each consisted of a 52-week period.
For a prospective franchisee, this information is relevant because the financial statements presented in the FDD are organized according to these fiscal years. Understanding the length of each fiscal year is important for accurately interpreting and comparing the financial data presented, such as revenue, expenses, and profits. A 53-week year may show slightly higher figures compared to a 52-week year due to the additional week of operations.