NASDAQ$JACK

Jack in the Box Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Jack in the Box Inc. reported third quarter earnings, with revenue increasing and same-store sales mixed across its brands.

Jack in the Box Inc. announced its third-quarter results, revealing a 47.8% increase in total revenues to $398.3 million. Diluted earnings per share were reported at $1.08, while net earnings decreased to $22.9 million. Same-store sales for Jack in the Box decreased by 0.6%, while Del Taco saw an increase of 3.5%. The company is set to execute $25 million in share repurchases during the fourth quarter.

  • Total revenues increased by 47.8% to $398.3 million compared to the prior year quarter.
  • Diluted earnings per share were $1.08.
  • Jack in the Box same-store sales decreased 0.6%, while Del Taco's increased 3.5%.
  • Company plans to execute $25 million in share repurchases during the fourth quarter.

Headline financials

Total Revenue

$398M

Previous: $269M+47.8%
EPS (adj)

$1.38

Previous: $1.79-22.9%
Company same-store sales change

3.5%

Previous: 9.0%-61.1%
Franchise same-store sales change

-1.0%

Previous: 10.3%-109.7%
System same-store sales change

-0.6%

Previous: 10.2%-105.9%
Capital Expenditures

-$34.3M

Previous: -$35.2M+2.3%
Free Cash Flow

-$11.5M

Previous: $4.87M-335.9%
Net Income

$22.9M

Previous: $40M-42.9%
Operating Income

$51.9M

Previous: $67.4M-23.0%
Gross Profit

$261M

Previous: $215M+21.7%
Cash & Equivalents

$65.9M

Previous: $84.2M-21.8%
Total Assets

$2.86B

Previous: $1.79B+60.2%
Stock-Based Comp

$1.61M

Previous: $502K+220.1%

Revenue & EPS history

Jack in the Box · Revenue · Quarterly

$398M

Q3 2022+47.8%vs Q3 2021
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Jack in the Box · $398M total across 4 segments · Q3 2022

  • Company restaurant sales
    $215M+134.2%
  • Franchise rental revenues
    $80.1M-0.7%
  • Franchise royalties and other
    $52.1M+7.2%
  • Franchise contributions for advertising and other services
    $50.9M+5.3%

Forward guidance

The company provided guidance for the fiscal year ending October 2, 2022, including expectations for Jack in the Box Restaurant Level Margin and Company-wide CapEx & Other Investments.

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 Q3 2022

Historical avgQ3 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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