On what day of the week does the fiscal year end for Moes Southwest Grill?
Moes_Southwest_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company operates on a fifty-two or fifty-three week fiscal year that ends on the last Sunday of the calendar year. The consolidated financial statements include fifty-two weeks for the fiscal year ended December 29, 2024, fifty-three weeks for the fiscal year ended December 31, 2023, and fifty-two weeks for the fiscal year ended December 25, 2022, respectively.
Source: Item 23 — Receipts (FDD pages 92–334)
What This Means (2025 FDD)
According to the 2025 FDD, Moes Southwest Grill operates on a 52- or 53-week fiscal year. The fiscal year for Moes Southwest Grill ends on the last Sunday of the calendar year.
For example, the FDD shows that the fiscal year ended on Sunday, December 29, 2024, and Sunday, December 31, 2023. This means that prospective franchisees should be aware that the company's financial reporting and planning are structured around this specific fiscal calendar, which may differ from a standard calendar year.
Understanding the fiscal year-end is important for franchisees as it affects the timing of financial reporting, potential audits, and any performance-based incentives or requirements set by Moes Southwest Grill. Franchisees should align their own accounting practices with this fiscal year to ensure accurate and timely reporting to the franchisor.