How many weeks are in the first fiscal quarter of a 52-week fiscal year for Churchs Chicken?
Churchs_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company has a 52–53-week fiscal year that ends on the last Sunday in each calendar year. In a 52-week fiscal year, the first fiscal quarter contains 16 weeks, and the remaining quarters contain 12 weeks. In a 53-week fiscal year, the first fiscal quarter contains 16 weeks, the fourth quarter contains 13 weeks, and the remaining quarters contain 12 weeks. Fiscal year 2024 and 2023 were 52-week and 53-week years, respectively.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 35–43)
What This Means (2025 FDD)
According to Churchs Chicken's 2025 Franchise Disclosure Document, the company operates on a 52 or 53-week fiscal year, which concludes on the last Sunday of each calendar year. For Churchs Chicken, the length of the first fiscal quarter depends on whether the fiscal year is 52 or 53 weeks long.
In a 52-week fiscal year, the first fiscal quarter consists of 16 weeks, while the remaining quarters each contain 12 weeks. However, in a 53-week fiscal year, the first quarter still contains 16 weeks, the fourth quarter contains 13 weeks, and the second and third quarters contain 12 weeks each.
For a prospective Churchs Chicken franchisee, understanding the fiscal year structure is important for financial planning and reporting. The FDD states that fiscal year 2024 was a 52-week year and 2023 was a 53-week year. Knowing the number of weeks in each quarter helps in accurately forecasting sales, managing inventory, and meeting financial obligations such as royalty payments and advertising fund contributions, which are often calculated on a weekly or quarterly basis.