What is the ending date of fiscal Period 12 in 2024 for Potbelly Sandwich Works?
Potbelly_Sandwich_Works Franchise · 2025 FDDAnswer from 2025 FDD Document
The information included covers the 12-period timeframe (12 full periods) beginning with fiscal Period 1 in 2024 (beginning on January 1, 2024) through fiscal Period 12 in 2024 (ending on December 29, 2024).
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 66–70)
What This Means (2025 FDD)
According to Potbelly Sandwich Works's 2025 Franchise Disclosure Document, fiscal Period 12 in 2024 ends on December 29, 2024. This date is relevant because Potbelly Sandwich Works uses a 12-period fiscal year, and financial performance representations are based on data from these periods.
This information is used to evaluate the financial performance of both affiliate-owned and franchised Potbelly Sandwich Works shops. To be included in the financial performance data, shops must have been open for all 12 fiscal periods during the year. This ensures that the data reflects a consistent operational timeframe.
For prospective franchisees, understanding the fiscal period structure is important for interpreting the financial performance representations provided in Item 19 of the FDD. The ending date of Period 12 sets the cutoff for the annual financial data presented, which can help franchisees understand the potential earnings based on historical performance.