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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.
Jack in the Box
Jack in the Box
Jack in the Box Revenue by Segment
Revenue by Segment
Company Restaurant Sales Revenue
CapyFin.comFranchise Rental Revenues Revenue
CapyFin.comFranchise Royalties and Other Revenue
CapyFin.comFranchise Advertising Contributions Revenue
CapyFin.com 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