What was the treasury stock balance for Carbones Pizzeria as of October 31, 2022?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
nse | 56,702 | | Net income | $ 163,788 |
M & T Pizza Incorporated and Subsidiaries Consolidated Statement of Changes in Stockholder's Equity For the Year ended October 31, 2022
Controlling interest in equity
| Commo | on Stock | Additional paid in | Retained | Treasury | ||
|---|---|---|---|---|---|---|
| Shares | Amount | capital | earnings | Stock | Total | |
Source: Item 22 — CONTRACTS (FDD page 30)
What This Means (2025 FDD)
According to Carbones Pizzeria's 2025 Franchise Disclosure Document, the treasury stock balance as of October 31, 2022, was a negative $34,556. This indicates that the company had reacquired its own shares, reducing the total equity.
For a prospective franchisee, understanding the treasury stock balance can provide insights into the company's financial decisions and capital structure. A negative treasury stock balance, as in this case, means the company has bought back its own shares.
This financial information, found in the consolidated financial statements, helps potential franchisees assess the financial health and stability of Carbones Pizzeria. Reviewing these figures in the FDD can aid in making an informed investment decision.