How many weeks were in the Chicken Guy fiscal year ending December 31, 2023?

According to Chicken Guy's 2025 Franchise Disclosure Document, the company's fiscal year is structured as a 52-53 week period, concluding on the Sunday closest to December 31. For the fiscal year that concluded on December 31, 2023, Chicken Guy reported a total of 53 weeks. This contrasts with the years ended December 29, 2024, and December 25, 2022, which consisted of 52 weeks each.

For a prospective franchisee, understanding the fiscal year structure is important for financial planning and reporting. The variance in weeks (52 or 53) can impact revenue recognition, expense allocation, and overall financial performance metrics. Franchisees should align their accounting practices with Chicken Guy's fiscal calendar to ensure accurate and consistent reporting.

The FDD specifies that Chicken Guy's financial statements are prepared using the accrual basis in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). This means revenues and expenses are recognized when earned or incurred, regardless of when cash changes hands. This is a standard accounting practice that provides a more accurate picture of a company's financial performance over time.

It's worth noting that the length of the fiscal year can influence various financial ratios and key performance indicators (KPIs). Franchisees should be aware of these potential fluctuations when comparing year-over-year performance or benchmarking against other Chicken Guy locations. Understanding the nuances of the fiscal calendar helps in making informed business decisions and accurately assessing the financial health of the franchise.