factual
On what date did Black Bear Diner's fiscal year end in 2023?
Black_Bear_Diner Franchise · 2025 FDDAnswer from 2025 FDD Document
Fiscal Year: The Company utilizes a 52/53-week fiscal year ending on the last Wednesday prior to December 31. The Company's financial statements reflect accounts and balances as of and for the fiscal years ended December 25, 2024 and December 27, 2023, which both contained 52 weeks.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 55)
What This Means (2025 FDD)
According to Black Bear Diner's 2025 Franchise Disclosure Document, the company utilizes a 52/53-week fiscal year that ends on the last Wednesday prior to December 31. For the 2023 fiscal year, the financial statements reflect accounts and balances as of December 27, 2023. Therefore, Black Bear Diner's fiscal year ended on December 27, 2023, which contained 52 weeks.
Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only.
It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.