factual

When does the fiscal year end for Jack In The Box?

Jack_In_The_Box Franchise · 2025 FDD

Answer from 2025 FDD Document

Fiscal year — The Company's fiscal year is the 52 or 53 weeks ending the Sunday closest to September 30. In fiscal 2023, Del Taco operated on a fiscal year ending the Tuesday closest to September 30. Beginning fiscal 2024, Del Taco's fiscal year shifted to align with Jack in the Box. As a result, Del Taco's fiscal 2024 results include two fewer days. Comparisons throughout these notes to the consolidated financial statements refer to the 52-week periods ended September 29, 2024, October 1, 2023, and October 2, 2022 for fiscal years 2024, 2023, and 2022.

Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 93–94)

What This Means (2025 FDD)

According to the 2025 Jack In The Box Franchise Disclosure Document, the company's fiscal year concludes on the Sunday closest to September 30th, and can be either 52 or 53 weeks long. The FDD also notes that Jack In The Box acquired Del Taco Restaurants, Inc. on March 8, 2022. Previously, Del Taco operated on a fiscal year ending on the Tuesday closest to September 30. However, starting in fiscal year 2024, Del Taco's fiscal year was adjusted to align with that of Jack In The Box. As a result, Del Taco's fiscal 2024 results include two fewer days than previous years.

For a prospective franchisee, this means that Jack In The Box's financial performance is evaluated based on this fiscal year-end, and the financial statements provided in the FDD will reflect this accounting period. Understanding the fiscal year-end is crucial for comparing year-over-year financial data and assessing the overall financial health of the company. The alignment of Del Taco's fiscal year with Jack In The Box simplifies financial reporting and analysis for the combined entity.

It's important to note that the financial data presented in the FDD, such as revenue and expenses, are organized according to this fiscal calendar. Franchisees should be aware of this when reviewing the financial statements and comparing them to previous years. The FDD specifically mentions that comparisons refer to the 52-week periods ended September 29, 2024, October 1, 2023, and October 2, 2022, for fiscal years 2024, 2023, and 2022, respectively, providing clarity on the specific periods being compared.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.