Jack in the Box Q1 2022 Earnings Report
Key Takeaways
Jack in the Box Inc. reported a 1.8% increase in total revenues to $344.7 million for the first quarter ended January 23, 2022, compared to $338.5 million in the prior year quarter. System same-store sales increased 1.2%, driven by franchise same-store sales growth of 1.4%, while Company-operated same-store sales decreased 0.3%. Diluted earnings per share was $1.85, and net earnings decreased to $39.3 million compared to $50.9 million in the prior year quarter.
Systemwide sales increased by 0.6%.
Same store sales increased by 1.2%.
26 development agreements were signed for 98 restaurants.
Total restaurants in the development pipeline reached 201.
Jack in the Box
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Jack in the Box Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income