NASDAQ$JACK

Jack in the Box Inc · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

Jack in the Box Inc. reported first quarter 2024 earnings, with Jack in the Box same-store sales increasing by 0.8% and Del Taco same-store sales increasing by 2.2%.

Jack in the Box Inc. announced its financial results for Q1 2024, showing a diluted EPS of $1.93 and an operating EPS of $1.95. The company experienced same-store sales growth for both Jack in the Box and Del Taco brands. Total revenues decreased by 7.5% to $487.5 million compared to the prior year quarter.

  • Jack in the Box same-store sales increased by 0.8%.
  • Del Taco same-store sales increased by 2.2%.
  • Diluted EPS was reported at $1.93; Operating EPS at $1.95.
  • Jack in the Box restaurant level margin increased to 23.1%, up 3.3% from the prior year.

Headline financials

Total Revenue

$487M

Previous: $527M-7.5%
EPS

$1.93

Previous: $2.01-4.0%
Company same-store sales change

2.0%

Previous: 12.6%-84.1%
Franchise same-store sales change

0.7%

Previous: 7.4%-90.5%
System same-store sales change

0.8%

Previous: 7.8%-89.7%
Capital Expenditures

-$38.8M

Previous: -$24M-61.6%
Free Cash Flow

-$146K

Previous: $29.2M-100.5%
Net Income

$38.7M

Previous: $53.3M-27.4%
Operating Income

$79.5M

Previous: $101M-21.3%
Gross Profit

$350M

Previous: $357M-1.7%
Cash & Equivalents

$54M

Previous: $154M-64.9%
Total Assets

$2.89B

Previous: $2.91B-0.7%
Stock-Based Comp

$4.82M

Previous: $3.53M+36.4%

Revenue & EPS history

Jack in the Box · Revenue · Quarterly

$487M

Q1 2024-7.5%vs Q1 2023
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Jack in the Box · $373M total across 4 segments · Q4 2023

  • Company restaurant sales
    $175M-18.4%
  • Franchise rental revenues
    $86M+6.6%
  • Franchise contributions for advertising and other services
    $56.4M+11.2%
  • Franchise royalties and other
    $55.2M-3.0%

Forward guidance

All guidance and outlook provided on November 21, 2023, for the fiscal year ending September 29, 2024 remain the same as previously disclosed.

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 2024

Historical avgQ1 2024

+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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