For Carls Jr., what dates does the fiscal year cover?
Carls_Jr Franchise · 2025 FDDAnswer from 2025 FDD Document
(1) The numbers for 2023 through 2025 are as of our fiscal year end. Our fiscal year runs from the Tuesday subsequent to the last Monday in January through the last Monday in January of the next calendar year.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 68–75)
What This Means (2025 FDD)
According to the 2025 Carls Jr. Franchise Disclosure Document, the fiscal year for the brand runs from the Tuesday following the last Monday in January through the last Monday in January of the subsequent year. For example, the information provided in the FDD is as of January 27, 2025, which marks the end of the fiscal year.
For a prospective franchisee, understanding the fiscal year is important for several reasons. It dictates the timeframes for financial reporting, performance reviews, and potentially, the payment of royalties or other fees. Franchisees should align their business planning and financial tracking with Carls Jr.'s fiscal year to ensure accurate reporting and compliance.
Knowing the fiscal year also helps franchisees interpret the data presented in the FDD. For instance, when reviewing tables showing the number of restaurant openings or closures, franchisees can see how Carls Jr. performed during specific fiscal years. This information can be valuable for assessing the overall health and growth of the franchise system and making informed decisions about their investment.