factual

How many weeks were included in the Nothing Bundt Cakes fiscal year 2023?

Nothing_Bundt_Cakes Franchise · 2025 FDD

Answer from 2025 FDD Document

The Company's fiscal year ends on the last Sunday in December. The fiscal year 2022 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 2023 included 53 weeks. The fiscal year for Nothing Bundt Cakes ends on the last Sunday in December. Most years consist of 52 weeks, but occasionally, to keep the fiscal calendar aligned, a 53-week year is necessary.

For a prospective franchisee, this detail is important for understanding how Nothing Bundt Cakes reports its financial performance. The 53-week year in 2023 could potentially show slightly higher revenues and expenses compared to a typical 52-week year. This is simply due to the extra week of business operations being included in the results.

When reviewing the financial statements, a franchisee should be aware of this difference and consider it when comparing year-over-year performance. It's a common accounting practice to include such variations in the notes to the financial statements, as Nothing Bundt Cakes does, to provide clarity and context for investors and franchisees.

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.