factual

When does the fiscal year end for Potbelly Sandwich Works?

Potbelly_Sandwich_Works Franchise · 2025 FDD

Answer from 2025 FDD Document

We use a 52/53-week fiscal year that ends on the last Sunday of the calendar year. Approximately every five or six years a 53rd week is added. Fiscal year 2024 consists of 52 weeks, fiscal year 2023 consisted of 53 weeks and fiscal year 2022 consisted of 52 weeks.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 37–49)

What This Means (2025 FDD)

According to Potbelly Sandwich Works's 2025 Franchise Disclosure Document, the company uses a 52/53-week fiscal year that concludes on the last Sunday of the calendar year. The FDD notes that approximately every five or six years, a 53rd week is added to the fiscal year.

For example, fiscal year 2024 consisted of 52 weeks, and ended on December 29, 2024. Fiscal year 2023 consisted of 53 weeks. Fiscal year 2022 consisted of 52 weeks.

This means that a potential Potbelly Sandwich Works franchisee needs to be aware that the end of the fiscal year can fluctuate slightly. This could impact how financial performance is assessed and compared year-over-year. Franchisees should consult with their financial advisors to understand the implications of this 52/53-week fiscal year on their business planning and reporting.

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.