What was the loss for Brueggers Bagels on December 28, 2021?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
umulated Other Comprehensive Income
The following table summarizes changes in accumulated other comprehensive income, net of tax, for the fiscal year ended December 27, 2022 (in thousands):
| Balances at December 28, 2021 | $ | (3,667) | $ | (3,462) | $ (205) | |
|---|---|---|---|---|---|---|
| Unrealized gains on cash flow hedging | 817 | 805 | 12 | |||
| instruments, net of tax | ||||||
| Reclassification adjustment for net losses | 2,375 | 2,340 | 35 | |||
| realized in earnings on cash flow hedging | ||||||
| instru |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)
What This Means (2025 FDD)
According to Brueggers Bagels' 2025 Franchise Disclosure Document, the balance sheet at December 28, 2021, shows a loss of $(3,462). This figure represents the loss recorded on that specific date, as reflected in the company's financial statements. It is important to note that this is just one component of the overall financial picture.
This loss contributes to the total balances reported for that period, which also includes unrealized gains on cash flow hedging instruments, reclassification adjustments for net losses realized in earnings on cash flow hedging instruments, and settlement and novation of cash flow hedging instruments. These various financial instruments and adjustments impact the overall financial health of Brueggers Bagels.
Prospective franchisees should understand how these figures relate to the broader financial performance of Brueggers Bagels. Reviewing the complete financial statements and understanding the context of these losses within the company's overall financial strategy is crucial for making an informed investment decision.