What was the total income tax expense for Hardees in Fiscal Year 2025?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
ith Roark. In exchange for advice concerning management, finance, marketing, strategic planning and other advisory and consulting services provided to us by Roark and its affiliates, Roark receives consulting fees and reimbursement of reasonable expenses. The current annual consulting fee of $3,461 is payable in equal quarterly installments and subject to an increase of three percent per
Source: Item 21 — Financial Statements (FDD pages 84–85)
What This Means (2025 FDD)
According to Hardees' 2025 Franchise Disclosure Document, the total income tax expense for fiscal year 2025 was $4,266. The FDD also provides a breakdown of this expense, separating it into current and deferred components, as well as federal, state, and foreign taxes.
Specifically, the current portion of the income tax expense includes $7,282 for federal taxes, $2,449 for state taxes, and $6,404 for foreign taxes, totaling $16,135. The deferred portion shows a reduction in tax expense, with federal deferred taxes at ($8,988), state deferred taxes at ($2,857), and foreign deferred taxes at ($24), totaling ($11,869).
It's important to note that these figures reflect the income tax expenses for CKE Restaurants, the parent company of Hardees, and its consolidated subsidiaries. Prospective franchisees should understand how these tax figures relate to the overall financial health of the Hardees organization, as detailed in the financial statements provided in the FDD.