When does the fiscal year end for Marble Slab Creamery?
Marble_Slab_Creamery Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company operates on a 52-week calendar and its fiscal year ends on the last Sunday of the calendar year. Consistent with the industry practice, the Company measures its stores' performance based upon 7-day work weeks. Using the 52-week cycle ensures consistent weekly reporting for operations and ensures that each week has the same days, since certain days are more profitable than others. The use of this fiscal year means a 53rd week is added to the fiscal year every 5 or 6 years, as was the case in fiscal year 2023. In a 52-week year, all four quarters are comprised of 13 weeks. In a 53-week year, one extra week is added to the fourth quarter. Fiscal year 2024 was a 52-week year, fiscal year 2023 was a 53-week year, and fiscal year 2022 was a 52-week year.
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 company operates on a 52-week calendar, with the fiscal year ending on the last Sunday of the calendar year. This approach ensures consistent weekly reporting for operations, as it maintains the same days each week, which is important because certain days are more profitable than others.
Occasionally, Marble Slab Creamery uses a 53-week fiscal year to maintain this consistent weekly reporting. This occurs approximately every 5 or 6 years, as it did in fiscal year 2023. In a standard 52-week year, each of the four quarters consists of 13 weeks. However, in a 53-week year, the extra week is added to the fourth quarter.
For example, the FDD notes that fiscal year 2024 was a 52-week year, fiscal year 2023 was a 53-week year, and fiscal year 2022 was a 52-week year. This is important for prospective franchisees to understand because it can affect how Marble Slab Creamery reports its financial performance and how the franchisee might plan their own business operations and financial forecasting.