What is the current fiscal year end for Buff City Soap?
Buff_City_Soap Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company's fiscal year is composed of the 52 or 53 weeks ending on the Sunday closest to the last day of December 31. Fiscal year 2024 consisted of the 52 weeks ended on December 29, 2024 ("fiscal 2024"). Fiscal year 2023 consisted of the 52 weeks ended on December 31, 2023 ("fiscal 2023"). Fiscal year 2022 consisted of the 52 weeks ended on January 1, 2023 ("fiscal 2022").
Source: Item 21 — Financial Statements (FDD page 69)
What This Means (2025 FDD)
According to the 2025 FDD, Buff City Soap's fiscal year ends on the Sunday closest to the last day of December. The fiscal year consists of either 52 or 53 weeks.
Specifically, fiscal year 2024 ended on December 29, 2024, and consisted of 52 weeks. Fiscal year 2023 ended on December 31, 2023, also consisting of 52 weeks. Similarly, fiscal year 2022 ended on January 1, 2023, and also consisted of 52 weeks.
For a prospective franchisee, understanding the fiscal year-end is important for financial planning and comparing year-over-year performance. Knowing that the year-end can fluctuate slightly depending on the calendar (ending on the Sunday closest to December 31st) helps in accurately interpreting financial statements and benchmarking against previous years.