As of what date are the Batteries Plus Bulbs consolidated balance sheets presented?

According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, the consolidated balance sheets are presented as of December 31, 2024, December 31, 2023, and December 31, 2022. These balance sheets are part of the broader financial statements that include the consolidated statements of income, members' equity, and cash flows for the years ending on those dates.

These financial statements offer a comprehensive view of Batteries Plus Bulbs' financial performance and position over the three-year period. Prospective franchisees can use this information to assess the company's financial health, stability, and trends. The inclusion of multiple years allows for a comparison of performance and identification of potential areas of growth or concern.

The financial statements have been audited by Grant Thornton LLP, an independent certified public accounting firm. Their report expresses an opinion on the fairness of the presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America. This audit provides an additional level of assurance regarding the reliability of the financial information.

It is important for potential franchisees to carefully review these financial statements and consult with a financial advisor to understand the implications for their investment decision. Understanding Batteries Plus Bulbs' financial performance can help franchisees make an informed decision about joining the franchise system.