factual

As of what dates are the consolidated balance sheets presented in the Marble Slab Creamery financial statements?

Marble_Slab_Creamery Franchise · 2025 FDD

Answer from 2025 FDD Document

As of December 29, 2024 and December 31, 2023 and for the Fiscal Years Ended December 29, 2024, December 31, 2023 and December 25, 2022

Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 100–101)

What This Means (2025 FDD)

According to Marble Slab Creamery's 2025 Franchise Disclosure Document, the consolidated balance sheets are presented as of December 29, 2024, and December 31, 2023. These dates reflect the end of the company's fiscal years. The consolidated financial statements also include data for the fiscal year ended December 25, 2022.

Marble Slab Creamery operates on a 52-week calendar, with the fiscal year ending on the last Sunday of the calendar year. This practice ensures consistent weekly reporting, as each week has the same days, which is important because certain days are more profitable than others. To maintain this consistent weekly reporting, a 53rd week is added to the fiscal year every 5 or 6 years, as occurred in 2023.

Prospective franchisees should understand that the financial statements provide a historical view of Marble Slab Creamery's financial performance. These statements include the consolidated balance sheets, statements of operations, changes in member's equity, and cash flows. Reviewing these statements can help potential franchisees assess the financial stability and performance of the franchisor. Understanding the fiscal year-end dates is crucial for comparing financial data across different periods and assessing trends in the company's performance.

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.