NASDAQ$JACK

Jack in the Box Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Jack in the Box Inc. reported solid first quarter 2022 results with growth in systemwide sales and same-store sales.

Jack in the Box Inc. reported a 1.8% increase in total revenues to $344.7 million for the first quarter ended January 23, 2022, compared to $338.5 million in the prior year quarter. System same-store sales increased 1.2%, driven by franchise same-store sales growth of 1.4%, while Company-operated same-store sales decreased 0.3%. Diluted earnings per share was $1.85, and net earnings decreased to $39.3 million compared to $50.9 million in the prior year quarter.

  • Systemwide sales increased by 0.6%.
  • Same store sales increased by 1.2%.
  • 26 development agreements were signed for 98 restaurants.
  • Total restaurants in the development pipeline reached 201.

Headline financials

Total Revenue

$345M

Previous: $339M+1.8%
EPS (adj)

$1.97

Previous: $2.16-8.8%
Company same-store sales change

-0.3%

Previous: 7.5%-104.0%
Franchise same-store sales change

1.4%

Previous: 13.0%-89.2%
System same-store sales change

1.2%

Previous: 12.5%-90.4%
Capital Expenditures

-$9.4M

Previous: -$7.08M-32.9%
Free Cash Flow

$29.9M

Previous: $43.8M-31.8%
Net Income

$39.3M

Previous: $50.9M-22.8%
Operating Income

$73.7M

Previous: $88.9M-17.1%
Gross Profit

$267M

Previous: $271M-1.4%
Cash & Equivalents

$70.2M

Previous: $251M-72.1%
Total Assets

$1.76B

Previous: $1.91B-8.1%
Stock-Based Comp

$1.02M

Previous: $1.23M-17.3%

Revenue & EPS history

Jack in the Box · Revenue · Quarterly

$345M

Q1 2022+1.8%vs Q1 2021
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Jack in the Box · $345M total across 4 segments · Q1 2022

  • Company restaurant sales
    $120M+5.1%
  • Franchise rental revenues
    $103M-0.6%
  • Franchise contributions for advertising and other services
    $60.8M-0.1%
  • Franchise royalties and other
    $60.8M+1.9%

Forward guidance

No specific forward guidance was provided in the earnings report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.1%

Avg return

Earnings day

+0.1%

Avg return

5 days after

-3.5%

Avg return

30 days after

47%

32 / 68 earnings

Positive

+20.0%

Q3 2019

Best reaction

-18.1%

Q1 2026

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-14.3%-10.6%+4.5%
Q1 2026-18.1%-20.9%-50.0%
Q4 2025+7.9%+35.3%+35.0%
Q2 2025-6.6%-14.3%-28.7%
Q1 2025+11.8%+5.5%-19.2%
Q4 2024+3.8%+4.2%-11.5%
Q3 2024-2.7%+1.3%-12.6%
Q2 2024+0.6%-0.4%+4.1%
Q1 2024-4.6%-4.0%-8.7%
Q4 2023+2.5%+0.6%+20.3%
Q3 2023-6.9%-10.3%-16.9%
Q2 2023-0.5%-3.5%-4.8%
Q1 2023+12.1%+11.3%+11.7%
Q4 2022-15.3%-14.7%-20.3%
Q3 2022+12.5%+17.8%+8.3%
Q2 2022-5.5%-3.7%-16.5%
Q1 2022-3.6%-2.8%+0.9%
Q4 2021-6.6%-8.2%-11.4%
Q3 2021-3.6%-4.9%+0.0%
Q2 2021-6.7%-5.1%-2.6%
Q1 2021-1.2%-1.9%+15.5%
Q4 2020+4.2%+4.1%+5.5%
Q3 2020-2.9%-7.0%-2.0%
Q2 2020-0.5%-3.1%+7.8%
Q1 2020-0.6%-1.5%-73.2%
Q4 2019-5.1%-8.1%-8.6%
Q3 2019+20.0%+20.9%+21.6%
Q2 2019+1.9%+5.9%+10.5%
Q1 2019-2.1%-1.5%-4.6%
Q4 2018+4.9%+8.6%-0.3%
Q3 2018+8.2%+3.9%+1.9%
Q2 2018-7.3%-8.6%-4.6%
Q1 2018+1.7%+2.1%-4.9%
Q4 2017+1.0%+4.1%-4.2%
Q3 2017+0.8%+3.3%-2.7%
Q2 2017+8.1%+4.5%+6.7%
Q1 2017-9.9%-11.7%-6.7%
Q4 2016+6.0%+5.9%+9.5%
Q3 2016+9.6%+9.4%+14.7%
Q2 2016+9.1%
Q1 2016-13.9%
Q4 2015+5.0%
Q3 2015-5.5%
Q2 2015-4.4%
Q1 2015+8.7%
Q4 2014+6.6%
Q3 2014+6.4%
Q2 2014-0.2%
Q1 2014+9.5%
Q4 2013+6.2%
Q3 2013+3.6%
Q2 2013-3.3%
Q1 2013+3.4%
Q4 2012+4.6%
Q3 2012-2.0%
Q2 2012+4.2%
Q1 2012-2.2%
Q4 2011-4.8%
Q4 2010-4.8%
Q3 2011+6.4%
Q2 2011+4.8%
Q1 2010-5.0%
Q1 2011+1.0%
Q2 2010-0.9%
Q4 2008-0.9%
Q4 2009-6.7%
Q3 2009-6.7%
Q3 2010-6.7%

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