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Jan 17, 2021
Jack in the Box Q1 2021 Earnings Report
Jack in the Box Inc. reported strong first-quarter results, driven by same-store sales growth and effective cost management.
Key Takeaways
Jack in the Box Inc. reported a significant increase in net earnings for the first quarter of fiscal year 2021, with system same-store sales up 12.5%. The company's ongoing strategy resonated well with guests, leading to outperformance compared to peers. Strong same-store sales growth across all dayparts and average check growth driven by premium products contributed to the positive results.
Jack in the Box system same-store sales increased by 12.5% in the first quarter.
Company same-store sales rose by 7.5%, driven by a 21.2% increase in average check, despite a 13.7% decrease in transactions.
Net earnings reached $50.9 million, or $2.21 per diluted share, a substantial increase compared to the previous year.
Adjusted EBITDA was $102.4 million, reflecting the business's strong cash earnings.
Revenue by Segment
Forward Guidance
The company did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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