NASDAQ$JACK

Jack in the Box Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Jack in the Box Inc. reported increased system same-store sales and earnings for Q4 2020.

Jack in the Box Inc. reported a strong fourth quarter with a 12.2% increase in system same-store sales. Company same-store sales rose by 9.6%, driven by a 21.9% increase in average check, although transactions decreased by 12.3%. Earnings from continuing operations were $37.9 million, or $1.65 per diluted share, compared to $22.0 million, or $0.86 per diluted share, in the same quarter of the previous year. Non-GAAP operating earnings per share were $1.61, up from $0.95 in the prior year quarter.

  • Jack in the Box system same-store sales increased 12.2% for the quarter.
  • Company same-store sales increased 9.6% driven by average check growth of 21.9%.
  • Earnings from continuing operations were $37.9 million, or $1.65 per diluted share.
  • Adjusted EBITDA was $78.4 million compared with $66.9 million for the prior year quarter.

Headline financials

Total Revenue

$255M

Previous: $221M+15.4%
EPS (adj)

$1.61

Previous: $0.95+69.5%
Company same-store sales change

9.6%

Previous: 3.5%+174.3%
Franchise same-store sales change

12.4%

Previous: 3.0%+313.3%
System same-store sales change

12.2%

Previous: 3.0%+306.7%
Capital Expenditures

$2.79M

Previous: $22.6M-87.7%
Free Cash Flow

$50.6M

Previous: $29M+74.3%
Net Income

$37.8M

Previous: $22.1M+71.6%
Operating Income

$66M

Previous: $48.5M+36.0%
Gross Profit

$93.1M

Previous: $77.1M+20.7%
Cash & Equivalents

$200M

Previous: $152M+31.7%
Total Assets

$1.91B

Previous: $958M+98.9%
Stock-Based Comp

-$3.22M

Previous: $1.49M-316.7%

Revenue & EPS history

Jack in the Box · Revenue · Quarterly

$255M

Q4 2020+15.4%vs Q4 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Jack in the Box · $255M total across 4 segments · Q4 2020

  • Company restaurant sales
    $86.8M
  • Franchise rental revenues
    $78.7M
  • Franchise contributions for advertising and other services
    $45.1M
  • Franchise royalties and other
    $44.9M

Forward guidance

Given the uncertainty associated with the COVID-19 pandemic, the company has not provided any guidance for Fiscal 2021 at this time, but will evaluate on a quarterly basis, with the intent to return to providing guidance once the visibility into sustained trends becomes more clear.

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 Q4 2020

Historical avgQ4 2020

+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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