For Checkers, on what day of the week does the fiscal year typically end?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company's fiscal reporting periods consist of 52 or 53 weeks ending on the Monday closest to December 31.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 91)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, the company's fiscal reporting periods consist of either 52 or 53 weeks. These periods typically conclude on the Monday that falls closest to December 31st.
For franchisees, this means that financial reporting and performance will be assessed based on these fiscal year cycles. Understanding the timing of these cycles is crucial for planning and budgeting purposes.
Checkers' FDD also specifies that the first, second, and third quarters of the fiscal year consist of three 4-week periods, while the fourth quarter consists of either a 4-week or 5-week period. This information can be helpful for franchisees in understanding how their sales and expenses are tracked and reported throughout the year.