HONEYBAKED HAM AND THE HONEYBAKED HAM AND CAFE CO.

Data Based On: Data for average and median gross revenue, and revenue quartiles is based on 188 franchised stores open at least three years during Fiscal Year 2024 (September 28, 2021 to September 29, 2024). Profit and EBITDA figures are based on a sample of 175 franchised stores that were open during the entire 2023 calendar year and provided year-end profit and loss statements.

* Average gross revenue, median gross revenue, and revenue quartiles are extracted directly from Table No. 1 for Fiscal Year 2024 (188 stores). A weighted average calculation for gross revenue from the segmented data (Top Third, Middle Third, Bottom Third) confirmed the reported 'All Stores' average net sales ($989,787). Average gross profit, average net profit (Store Operating Profit After COGS & Hourly Labor), and average EBITDA are extracted from Table No. 2 for Calendar Year 2023 (175 stores). A weighted average calculation for Net Sales from the segmented data in Table No. 2 also confirmed the reported '175 Stores' average net sales ($952,819). The EBITDA margin percentage is directly provided. Best guess profit low and high are set to the average EBITDA as no ranges or further information for a range calculation were provided.