Are the Churchs Chicken financial statements presented as of the end of the calendar year?

According to Churchs Chicken's 2025 Franchise Disclosure Document, the company operates on a 52-53 week fiscal year that concludes on the last Sunday of each calendar year. In a standard 52-week year, the first fiscal quarter spans 16 weeks, with the remaining quarters each covering 12 weeks. During a 53-week fiscal year, the first quarter remains at 16 weeks, the fourth quarter extends to 13 weeks, and the second and third quarters are 12 weeks each.

For prospective franchisees, this means that Churchs Chicken's financial reporting might not align precisely with the standard calendar year. Franchisees should be aware of these nuances when reviewing financial performance data or comparing it against other businesses that operate on a typical calendar year. Understanding the length of each fiscal quarter can help in accurately assessing sales trends and financial benchmarks.

Specifically, the 2024 fiscal year was 52 weeks, while the 2023 fiscal year was 53 weeks. This variation in fiscal year length could impact year-over-year financial comparisons. Franchisees should consider these differences when analyzing financial statements to ensure accurate interpretation of the data.

It is important for potential Churchs Chicken franchisees to understand how these accounting practices might affect their own financial planning and reporting. Consulting with a financial advisor to fully grasp the implications of Churchs Chicken's fiscal year structure is advisable.