53rd ???? IIRC it's 52 weeks.
Perhaps they mean 53 weekends. That could happen, though I’m too lazy to go find a calendar and see if last year was like that. Sales are probably higher on weekends, so they’d want to correct for the extra weekend for an accurate comparison.
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.
Trump’s economy is so successful we had to lengthen the year to computerate our profit margin. Dick’s has been insolvent since the millisecond it fired an able bodied white man from its then firearms retail department.
The battereies are all but run down and the class dunce keeps poking the wires into the frog and, WOW(!) it jumps every time he does it!
53rd ???? IIRC it's 52 weeks.
No...I believe it's 57.
Yeah, 57...that's it.