For the most up-to-date financial information, check out our latest FDD Talk post analyzing Batteries Plus’ average revenues, expenses, and/or profits.
Highlights of Batteries Plus’ Item 19 Financial Performance Representations (2012 FDD) – Part 2
C. Statement of Average Annual Net Revenue Percentage Increase for Batteries Plus All Stores
- This statement includes the Average Net Revenue Percentage Increase for All Stores in operation as of the last day of the most recent year.
- For comparison year 2011 vs. 2010, All Stores open as of December 31, 2011 are included. For comparison year 2010 vs. 2009, All Stores open as of December 31, 2010 are included. For comparison year 2009 vs. 2008, All Stores open as of December 31, 2009 are included.
- This Statement of Average Net Revenue Percentage Increase for All Stores differs from the Statement of Average Net Revenue Percentage Increase for Same Stores in IB in that this statement includes all Net Revenue in 2011, 2010, 2009, and 2008 for the Stores open as of December 31st for each of those years.
- For example, if a Store opened in November 2010, for Comparison Year 2011 vs. 2010, Net Revenue for this Store for all of 2011 would be compared to 2010 which included sales only for November and December.