other
confidence high
sentiment neutral
materiality 0.40
KBR changes fiscal year from calendar year to 52-53 week year ending on Friday closest to Dec 31
KBR, INC.
- Change effective for fiscal year 2023; first 53-week fiscal year in 2024.
- New fiscal year ends on Friday closest to December 31; quarterly periods 13 weeks (14 in 53-week Q4).
- Change applied prospectively; prior period results not adjusted.
- Company cites improved comparability by eliminating calendar month productive day variability.