other
confidence high
sentiment neutral
materiality 0.30
NYT Board approves change from 52/53-week fiscal year to calendar year, effective 2022
NEW YORK TIMES CO
- Current fiscal year ending Dec 26, 2021 unaffected; 2022 fiscal year starts Dec 27, 2021 and ends Dec 31, 2022.
- First three quarters of 2022 will end March 27, June 26, Sept 25, 2022; Q4 runs Sept 26 to Dec 31, 2022.
- Beginning 2023, quarterly results will align with calendar quarters ending March 31, June 30, Sept 30, Dec 31.
- No transition report required as change falls within 7 days of prior fiscal year-end.