What was the net income for Brueggers Bagels for the fiscal year ended December 31, 2024?
Brueggers_Bagels Franchise · 2025 FDDAnswer from 2025 FDD Document
ibou Coffee Company, Inc. and Affiliates | $ 55,963 | $ 57,740 | $ 48,684 |
CARIBOU COFFEE COMPANY, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (in thousands)
| Fiscal Year Ended | |||||
|---|---|---|---|---|---|
| December 31, 2024 | December 26, 2023 | December 27, 2022 | |||
| Net income | $ 57,695 | $ | 59,540 | $ | 50,215 |
| Other comprehensive income | |||||
| Unrealized gain on cash flow hedges, net of tax expense of $0, $0, and $283 for the fiscal years ended | |||||
| December 31, 2024, December 26, 2023, and December 27, 2022, respectively | – | – | 817 | ||
| Reclassification of loss on cash flow hedge, net of tax benefit of $0, $0, and $825 for the fiscal years ended | |||||
| December 31, 2024, December 26, 2023, and December 27, 2022, respectively | – | – | 2,375 | ||
| Settlement of PNC derivative securities and novation of BNP and Rabo derivative securities | – | – | 475 | ||
| Comprehensive income attributable to Caribou Coffee Company, Inc. and Subsidiaries | 57,695 | 59,540 | 53,882 | ||
| Less net comprehensive income att |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)
What This Means (2025 FDD)
According to Brueggers Bagels's 2025 Franchise Disclosure Document, the net income for the fiscal year ended December 31, 2024, was $57,695. The FDD also provides net income figures for the fiscal years ended December 26, 2023, and December 27, 2022, which were $59,540 and $50,215, respectively.
It is important to note that these figures represent the net income for Caribou Coffee Company, Inc. and Subsidiaries, which includes Brueggers Bagels. The net income figures are part of the consolidated financial statements, offering a broader view of the company's financial performance over the three-year period.
A prospective franchisee should consider these figures in the context of the overall financial health of the parent company, as the performance of Brueggers Bagels is intertwined with that of its parent company and other subsidiaries. Reviewing the complete financial statements and consulting with a financial advisor is recommended to fully understand the implications of these figures.