On what day of the week does Cinnabon's fiscal year end?
Cinnabon Franchise · 2025 FDDAnswer from 2025 FDD Document
-------------------------------------------------------------|-----------------| | | deficit | | Balance at December 25, 2022 | $ (605,206) | | Cash proceeds retained from the exercise of Parent's stock options | 257 | | Share-based compensation expense | 4,983 | | Cash dis
Source: Item 23 — Receipts (FDD pages 114–399)
What This Means (2025 FDD)
According to the 2025 Cinnabon Franchise Disclosure Document, the fiscal year ended on December 29, 2024, which was a Sunday. In 2023, the fiscal year ended on December 31, which was also a Sunday.
Understanding the fiscal year-end is important for franchisees as it marks the end of the financial reporting period. This date is used for calculating financial performance, preparing tax returns, and other accounting purposes. Knowing that Cinnabon's fiscal year ended on a Sunday in both 2023 and 2024 provides insight into the company's consistent financial reporting schedule.
Prospective franchisees should be aware of these dates to align their own financial planning and reporting with Cinnabon's fiscal calendar. This alignment ensures accurate and timely submission of financial data to the franchisor, which is often a requirement of the franchise agreement. Keeping track of these dates helps in managing the franchisee's financial obligations and performance evaluations.