earnings
confidence high
sentiment negative
materiality 0.85
Jack in the Box Q3 diluted loss per share $6.26 on $162.6M Del Taco goodwill impairment; same-store sales fall
JACK IN THE BOX INC
2024-Q3 EPS reported
-$2.96
revenue$1,222,016,000
- Total revenue $369.2M (-7% YoY); net loss $122.3M vs net income $29.2M prior year.
- Diluted loss per share ($6.26) includes $162.6M non-cash goodwill impairment for Del Taco; operating EPS $1.65.
- Jack in the Box same-store sales -2.2%; Del Taco same-store sales -3.9%.
- Updated FY2024 guidance: Adjusted EBITDA $320-325M; Operating EPS $6.10-$6.25.
- Declared cash dividend $0.44/share payable Sept 19, 2024; repurchased 0.3M shares for $15.1M in Q3.