For Dq Treat, what years are covered in the consolidated statements of stockholder's equity?
Dq_Treat Franchise · 2025 FDDAnswer from 2025 FDD Document
The following audited financial statements of IDQ are included in this disclosure document as Exhibit K: consolidated balance sheets of IDQ at December 31, 2024 and 2023 and related consolidated statements of income and comprehensive income, stockholder's equity and cash flows for each of the years ended December 31, 2024, 2023 and 2022, together with the independent auditor's report.
Source: Item 21 — UItem 21U***:** U**Financial Statements (FDD page 67)
What This Means (2025 FDD)
According to Dq Treat's 2025 Franchise Disclosure Document, the consolidated statements of changes in stockholder's equity cover financial data for three years. Specifically, the consolidated financial statements include data for the years ended December 31, 2024, 2023, and 2022.
This means that prospective Dq Treat franchisees can review the company's financial performance and changes in equity over this three-year period. This information is crucial for understanding the financial stability and overall health of International Dairy Queen, Inc., which is the parent company of the Dq Treat franchise system.
By examining these statements, potential franchisees can assess trends in equity, which can provide insights into the company's profitability, dividend policies, and overall capital structure. This information, combined with other financial statements and disclosures in the FDD, helps franchisees make informed decisions about investing in a Dq Treat franchise.