What is the fiscal year-end for the Floors To Go financial statements?

According to the 2025 Floors To Go Franchise Disclosure Document, the company's fiscal year ends on December 31. The FDD includes audited financial statements for the years ended December 31, 2024, December 31, 2023, and December 31, 2022. This indicates that Floors To Go consistently uses December 31 as the end date for its fiscal year.

For a prospective franchisee, this means that the financial performance data presented in the FDD reflects annual cycles concluding on December 31. Understanding the fiscal year-end is important for comparing Floors To Go's financial data with other franchises or businesses, as different entities may have different fiscal year-ends, which can affect the timing of reported revenues and expenses.

Knowing the fiscal year-end also helps a franchisee interpret the financial statements provided in Item 21 of the FDD. These statements include balance sheets, income statements, statements of cash flow, and statements of member's equity, all of which are prepared based on the December 31 year-end. This information is crucial for assessing the financial health and stability of Floors To Go before making an investment decision.