For Chick Fil A, what was the net-of-tax earnings (loss) related to pension plans in 2023?
Chick_Fil_A Franchise · 2025 FDDAnswer from 2025 FDD Document
gnized in the consolidated statements of comprehensive earnings as income tax expense, respectively.
The Company files federal, state, and foreign income tax returns in jurisdictions with varying statutes of limitations. As of December 31, 2024, the 2021 through 2024 tax years generally re
Source: Item 23 — Receipts (FDD pages 103–600)
What This Means (2025 FDD)
According to Chick Fil A's 2025 Franchise Disclosure Document, the net-of-tax earnings related to pension plans in 2023 was $35,193,570. This figure represents the earnings after accounting for a tax expense of $11,385,776 on before-tax earnings of $46,579,346.
This information is part of a broader overview of Chick Fil A's financial performance related to employee benefit plans. The document also provides figures for postretirement medical plans, foreign currency translation, and derivative financial instruments, offering a comprehensive view of other comprehensive earnings or losses.
For a prospective franchisee, this data offers insight into how Chick Fil A manages its employee benefit plans and the financial impact of these plans on the company's overall earnings. Understanding these figures can help franchisees assess the financial stability and management practices of Chick Fil A.