Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: mabarker1

My guess is their fiscal year does not follow the calendar year but is 12 four week periods. That way each period is the same number of days. Makes it easier to compare sales and profits per period since they have the same number of days. Every few years one period will have an extra week to get the fiscal calendar back close to the yearly calendar.


16 posted on 09/04/2018 5:45:25 AM PDT by PhilSC
[ Post Reply | Private Reply | To 7 | View Replies ]


To: PhilSC

My mistake. Would be 13 four week periods.


40 posted on 09/04/2018 11:49:59 AM PDT by PhilSC
[ Post Reply | Private Reply | To 16 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson