What was the pretax loss for Better Homes And Gardens Real Estate in 2022?
Better_Homes_And_Gardens_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
es. The Company's cost for contributions to this plan was $21 million, $21 million and $22 million for the years ended December 31, 2024, 2023 and 2022, respectively.
12. INCOME TAXES
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Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 75–76)
What This Means (2025 FDD)
According to the 2025 Franchise Disclosure Document, Better Homes And Gardens Real Estate had a pretax loss of $351,000 in 2022. The FDD provides a table that breaks down this loss into domestic and foreign components.
The domestic pretax loss for Better Homes And Gardens Real Estate in 2022 was $368,000, while the foreign pretax profit was $17,000. This means that the company's domestic operations contributed more significantly to the overall pretax loss than its foreign operations.
Prospective franchisees should consider these figures in the context of the overall financial health of Better Homes And Gardens Real Estate and its parent companies. While a loss is not ideal, it is important to understand the factors contributing to the loss and whether the company has a plan to improve its profitability. Reviewing several years of financial data, as provided in the FDD, can help identify trends and assess the stability of the franchise system.