Where can I find the audited consolidated financial statements for Chick Fil A, Inc. and its subsidiaries?

According to Chick Fil A's 2025 Franchise Disclosure Document, the audited consolidated financial statements of Chick-fil-A, Inc. and its subsidiaries are included as Exhibit "C" to the document. These statements comprise the consolidated balance sheets as of December 31, 2024, and 2023, along with the consolidated statements of comprehensive earnings, stockholders' equity, and cash flows for each of the three years in the period ended December 31, 2024 (2024, 2023, and 2022).

These financial statements provide a detailed overview of Chick Fil A's financial performance and position. They are audited by an independent auditor, ensuring that the statements are presented fairly and in accordance with accounting principles generally accepted in the United States of America. The inclusion of these statements is a standard practice in franchise disclosure documents, allowing potential franchisees to assess the financial health and stability of the franchisor.

As a prospective franchisee, reviewing these statements is crucial for understanding Chick Fil A's revenue, expenses, assets, liabilities, and cash flows. This information can help you evaluate the financial risks and rewards associated with investing in a Chick Fil A franchise. By examining the trends over the three-year period, you can gain insights into the company's growth, profitability, and overall financial management. It is important to consult with a financial advisor to fully understand the implications of these financial statements before making any investment decisions.