For the fiscal year ended December 29, 2024, what was the net interest expense for Cinnabon?

According to Cinnabon's 2025 Franchise Disclosure Document, the net interest expense for the fiscal year ended December 29, 2024, was $90,706. This figure represents the net amount after accounting for credit facilities, amortization of debt discount and issuance costs, and interest income. In comparison, the net interest expense for the fiscal year ended December 31, 2023, was $74,911.

For a prospective Cinnabon franchisee, understanding the net interest expense is crucial as it reflects the cost of borrowing and can impact the overall profitability of the franchise. Higher interest expenses can reduce net income, affecting the franchisee's ability to reinvest in the business or take profits. Monitoring these expenses helps in assessing the financial health and stability of Cinnabon.

The components contributing to the net interest expense include credit facilities amounting to $90,023 for 2024 and $74,340 for 2023, amortization of debt discount and issuance costs of $2,359 for 2024 and $2,638 for 2023, and interest income of ($1,676) for 2024 and ($2,067) for 2023. These figures provide a detailed breakdown of how Cinnabon manages its debt and interest-related activities, offering insights into its financial strategies.

Franchisees should consider these figures in conjunction with other financial metrics to gain a comprehensive understanding of Cinnabon's financial performance and its potential impact on their investment. It is advisable to consult with a financial advisor to interpret these figures in the context of their own financial goals and risk tolerance.