FRANKLIN COVEY CO
For the period ended Aug 31, 2025. Filed Nov 12, 2025.
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FY2025 · Filed Nov 12, 2025
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ITEM 2. PROPERTIES
During the fourth quarter of fiscal 2025, we relocated our principal executive offices to a new site in Draper, Utah. The new executive office occupies approximately 26,000 square feet of leased space that is accounted for as an operating lease. The lease on the new headquarters expires in March 2036 and includes two five-year renewal options that may be exercised at our discretion. This facility accommodates our executive team and corporate administration, as well as other professionals and is utilized by personnel in both our Enterprise and Education Divisions. We also occupy leased sales and administrative offices in various countries around the world, which are accounted for as operating leases:
Banbury, England
Tokyo, Japan
China: Beijing and Shanghai
We consider our existing facilities to be in good condition and suitable for our current and expected level of operations in the upcoming fiscal year and in future periods.
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