earnings
confidence high
sentiment negative
materiality 0.75
Jack in the Box Q2: diluted EPS $1.26, adj. EPS $1.46; same-store sales -2.5%; guides lower
JACK IN THE BOX INC
2024-Q2 EPS reported
$3.19
revenue$852,845,000
- Q2 same-store sales: Jack in the Box -2.5% (franchise -2.6%, company -0.6%); Del Taco -1.4%.
- Total revenues $365.3M (down 7.7% YoY); net earnings $25.0M vs $26.5M; adj. EBITDA $75.7M vs $80.6M.
- FY2024 same-store sales guidance trimmed to flat-to-low single digits; adj. EBITDA $325–330M; op. EPS $6.25–6.40.
- Board declared $0.44/share dividend payable June 25, 2024; $15M share repurchases in Q2; $210M remaining under buyback.
- Expansion: Jack in the Box signed 31 restaurant commitments in Florida; Del Taco 3 in NC and 10 in Atlanta.