Jack in the Box Q1 FY2024 EPS $1.93; same-store sales up 0.8% at Jack, 2.2% at Del Taco

JACK IN THE BOX INC

2024-Q1 EPS reported $1.93 revenue$487,498,000

Diluted EPS $1.93 ($1.95 operating); net earnings $38.7M vs $53.3M a year ago.
Total revenues $487.5M, down 7.5% YoY, primarily from Del Taco refranchising.
Jack in the Box same-store sales +0.8% (franchise +0.7%, company +2.0%); Del Taco +2.2%.
Jack in the Box restaurant margin 23.1% (up 330bps); Del Taco margin 15.6% (down 50bps).
Board declared $0.44 dividend payable March 27; $225M remaining in buyback program.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

JACK IN THE BOX INC reported first quarter fiscal 2024 results: revenue $487.5 million, net income $38.7 million, EPS $1.93.

Period: first quarter fiscal 2024
Revenue: $487.5 million
Net income: $38.7 million
EPS: $1.93
Result: reported results

Exact text from the filing

Earnings Per Share (2) , a non-GAAP measure, was $1.95 in the first quarter of fiscal 2024 compared with $2.01 in the prior year quarter. Total revenues decreased 7.5% to $487.5 million, compared to $527.1 million in the prior year quarter. The lower reported revenue is primarily the result of the Del Taco refranchising efforts. Net earnings decreased to $38.7

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Source: SEC EDGAR

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