NASDAQ$JACK

Jack in the Box Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Jack in the Box Inc. reported growth in systemwide sales, same store sales and earnings per share for Q4 2021.

Jack in the Box Inc. announced strong Q4 2021 results, featuring growth in systemwide sales, same store sales, and diluted earnings per share. Systemwide sales increased by 8.6%, driven by positive same store sales, while diluted EPS rose by 9.8% to $1.80.

  • Systemwide sales increased 8.6% in Q4 2021.
  • Same store sales increased 0.1% in Q4 2021.
  • Diluted EPS increased 9.8% to $1.80 in Q4 2021.
  • Development agreements signed for 47 future restaurants in Q4 2021.

Headline financials

Total Revenue

$278M

Previous: $255M+9.0%
EPS (adj)

$1.80

Previous: $1.61+11.8%
Company same-store sales change

-4.4%

Previous: 9.6%-145.8%
Franchise same-store sales change

0.6%

Previous: 12.4%-95.2%
System same-store sales change

0.1%

Previous: 12.2%-99.2%
Capital Expenditures

$5.85M

Previous: $2.79M+109.6%
Free Cash Flow

$45.4M

Previous: $50.6M-10.2%
Net Income

$38.9M

Previous: $37.8M+2.9%
Operating Income

$68.8M

Previous: $66M+4.2%
Gross Profit

$95M

Previous: $93.1M+2.0%
Cash & Equivalents

$73.6M

Previous: $200M-63.2%
Total Assets

$1.75B

Previous: $1.91B-8.2%
Stock-Based Comp

$710K

Previous: -$3.22M+122.1%

Revenue & EPS history

Jack in the Box · Revenue · Quarterly

$278M

Q4 2021+9%vs Q4 2020
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Revenue by segment

Jack in the Box · $278M total across 4 segments · Q4 2021

  • Company restaurant sales
    $95.6M+10.2%
  • Franchise rental revenues
    $84.4M+7.3%
  • Franchise royalties and other
    $49.3M+9.8%
  • Franchise contributions for advertising and other services
    $49.2M+9.0%

Forward guidance

The company provided guidance for the fiscal year 2022, including capital expenditure, SG&A, commodity and wage rate guidance, as well as provided restaurant level margin outlook and company-owned restaurant funding outlook.

Tailwinds

  • 2022 CapEx & Other Investments Guidance of $65-75 million
  • 2022 SG&A Guidance of $92-97 million
  • 2022 Commodity Guidance up 6-7% compared to 2021
  • 2022 Company-owned Wage Rate Guidance up 8-10% compared to 2021
  • Planning to fund up to 5 company-owned restaurants in 2022

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 2021

Historical avgQ4 2021

+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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