NASDAQ$JACK

Jack in the Box Inc · Q1 2025 earnings

Q1 2025 earnings · · After market close · Investor relations

Briefing

Jack in the Box Inc. reported its financial results for the first quarter ended January 19, 2025, showing a slight increase in Jack in the Box same-store sales and a decrease in Del Taco same-store sales.

Jack in the Box Inc. announced its first quarter fiscal 2025 results with total revenues decreasing 3.7% to $469.4 million, primarily due to Del Taco refranchising. Diluted earnings per share were $1.75, and operating EPS were $1.92. Jack in the Box same-store sales increased by 0.4%, while Del Taco same-store sales decreased by 4.5%.

  • Jack in the Box same-store sales increased by 0.4% in the first quarter.
  • Del Taco same-store sales decreased by 4.5% in the first quarter.
  • Diluted earnings per share for the quarter was $1.75, with operating EPS at $1.92.
  • Total revenues decreased by 3.7% to $469.4 million, mainly due to Del Taco refranchising.

Headline financials

Total Revenue

$469M

Previous: $487M-3.7%
EPS (adj)

$1.92

Previous: $1.93-0.5%
Company same-store sales change

-0.4%

Previous: 2.0%-120.0%
Franchise same-store sales change

0.5%

Previous: 0.7%-28.6%
System same-store sales change

0.4%

Previous: 0.8%-50.0%
Restaurant-Level Margin

$31M

No prior period
Franchise-Level Margin

$97.1M

No prior period
Adjusted EBITDA

$88.8M

No prior period
Capital Expenditures

-$35.1M

Previous: -$38.8M+9.6%
Net Income

$33.7M

Previous: $38.7M-12.9%
Operating Income

$74.2M

Previous: $79.5M-6.6%

Revenue & EPS history

Jack in the Box · Revenue · Quarterly

$469M

Q1 2025-3.7%vs Q1 2024
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

The company updated its guidance for fiscal year ending September 28, 2025, adjusting capital expenditures and share repurchases.

Tailwinds

  • Progressing on tech and digital transformation with nearly 1,000 restaurants on new POS system.
  • New POS system includes immediate counter kiosk capabilities.
  • Completed development agreements for 2 new franchisees to expand in Chicago.
  • 8 company-owned restaurants set to begin opening in Summer of 2025.
  • Del Taco signed 40 agreements for 303 restaurants since acquisition, with 14 opened to date.

Headwinds

  • Capital Expenditures guidance reduced to $100-$105 million (previously $105-$115 million).
  • Share repurchases guidance reduced to approximately $5 million (previously approximately $20 million).
  • Battled through a difficult industry-wide macro environment.
  • Transactions and mix were down compared to prior year for Jack in the Box.
  • Sales performance resulted from declines in both transactions and mix for Del Taco.

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 2025

Historical avgQ1 2025

+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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