earnings
confidence high
sentiment positive
materiality 0.80
Jack in the Box Q2: GAAP EPS $1.27, Op. EPS $1.47; same-store +9.5%, raises FY guidance
JACK IN THE BOX INC
2023-Q2 EPS reported
$3.81
revenue$922,840,000
- Q2 adj. EBITDA $78.8M (vs $64.4M); net earnings $26.5M (vs $7.8M); revenue $395.7M +22.8%.
- Jack in the Box same-store sales +9.5% (system +9.8%); Del Taco same-store +3.2%.
- FY 2023 operating EPS guidance raised to $5.90-$6.10 (from $5.25-$5.65); Jack SSS now mid-to-high single digits.
- Signed development agreement for 22 restaurants in Mexico; refranchised 17 Del Taco units, entering WY and MT.
- At least $70M in share buybacks in FY 2023; $0.44/share dividend declared, payable June 13.