factual

As of what date are the consolidated balance sheets provided for Chick Fil A?

Chick_Fil_A Franchise · 2025 FDD

Answer from 2025 FDD Document

We have audited the accompanying consolidated financial statements of Chick-fil-A, Inc. and its subsidiaries (the "Company"), which comprise the consolidated balance sheets as of December 31, 2024 and 2023, and the related consolidated statements of comprehensive earnings, stockholders' equity and cash flows for the three years then ended, including the related notes (collectively referred to as the "consolidated financial statements").

Source: Item 21 — Financial Statements (FDD page 102)

What This Means (2025 FDD)

According to Chick Fil A's 2025 Franchise Disclosure Document, the consolidated balance sheets are provided as of December 31, 2024, and December 31, 2023. These balance sheets are part of the audited consolidated financial statements of Chick Fil A and its subsidiaries. The financial statements also include consolidated statements of comprehensive earnings, stockholders' equity, and cash flows for the three years then ended, specifically 2024, 2023, and 2022.

These financial statements offer a snapshot of Chick Fil A's financial health and performance over the past three years. A prospective franchisee can use this information to assess the company's stability and growth trends. The balance sheets detail Chick Fil A's assets, liabilities, and equity as of the end of 2024 and 2023, providing insights into its financial position.

The inclusion of audited financial statements is a standard practice in franchise disclosure documents, as it provides potential franchisees with a degree of assurance regarding the accuracy and reliability of the financial information. The audit was conducted in accordance with auditing standards generally accepted in the United States of America. These statements are crucial for making informed decisions about investing in a Chick Fil A franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.