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.
No specific forward guidance was provided in the earnings report.
Visualization of income flow from segment revenue to net income