Are the financial statements for Bananas Smoothies Frozen Yogurt presented on a calendar year basis?

According to the 2025 FDD, the financial statements for Everything Yogurt Brands, LLC, which franchises Bananas Smoothies Frozen Yogurt, are not presented on a calendar year basis. Instead, the company's fiscal year ends on the last Sunday in December.

Specifically, the FDD mentions that the periods ended on December 29, 2024, December 31, 2023, and December 25, 2022. This indicates that the fiscal year concludes on the final Sunday of December each year, which may or may not coincide with the end of the calendar year. The 2024 year consisted of 52 weeks, while the 2023 and 2022 years consisted of 53 and 52 weeks, respectively.

For a prospective Bananas Smoothies Frozen Yogurt franchisee, this means that when reviewing the financial statements provided in the FDD, it's important to note that the periods covered do not align exactly with the standard calendar year. This could affect comparisons with other businesses or industry benchmarks that typically report on a calendar year basis. Franchisees should be aware of this distinction when analyzing the financial performance of the franchisor.