What was the interest expense for Batteries Plus Bulbs in the second period presented in the table?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Operating income | 20,352 | 23,243 | |
|---|---|---|---|
| Other expense | |||
| Interest expense | ( 50) | ( 80) | |
| Taxes | ( 2) | 64 | |
| Interest income | 3 | 3 | |
| Other expense, net | ( 49) | ( 13) | |
| NET INCOME | $ 20,303 | $ 23,230 |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to Batteries Plus Bulbs' 2025 Franchise Disclosure Document, the interest expense for the second period presented in the table was ($80). This indicates that Batteries Plus Bulbs experienced an expense related to interest payments during that period.
For a prospective franchisee, understanding the interest expenses of Batteries Plus Bulbs is crucial as it reflects the financial health and obligations of the company. Lower interest expenses could suggest better financial management or less reliance on borrowing, which can be a positive indicator. Conversely, higher interest expenses might raise concerns about the company's debt levels and ability to manage its finances effectively.
It's important to note that this figure represents the interest expense at the corporate level and may not directly translate to the financial performance of an individual franchise. However, it provides valuable insight into the overall financial stability of Batteries Plus Bulbs, which can indirectly impact franchisees through brand reputation, marketing support, and access to resources.