What was the fiscal year-end date for Nothing Bundt Cakes in 2023?
Nothing_Bundt_Cakes Franchise · 2025 FDDAnswer from 2025 FDD Document
- b. Fiscal Year The Company's fiscal year ends on the last Sunday in December. Fiscal year 2024 in the following table encompasses a 52-week period whereas fiscal year 2023 reflects a 53-week period.
Source: Item 23 — RECEIPTS (FDD pages 93–309)
What This Means (2025 FDD)
According to Nothing Bundt Cakes' 2025 Franchise Disclosure Document, the company's fiscal year ends on the last Sunday in December. The fiscal year 2023 reflects a 53-week period and ended on December 31, 2023.
For prospective franchisees, this means that Nothing Bundt Cakes uses a fiscal calendar that may differ slightly from the standard calendar year. Franchisees will need to align their accounting and reporting practices with this fiscal year-end for accurate financial tracking and reporting to the franchisor.
Understanding the fiscal year-end is crucial for financial planning, tax preparation, and assessing the Nothing Bundt Cakes' financial performance over comparable periods. Franchisees should be aware that fiscal year 2023 was a 53-week period, which may impact year-over-year comparisons with the 52-week fiscal year 2024.