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Jan 19
Jack in the Box Q1 2025 Earnings Report
Jack in the Box Inc. reported its financial results for the first quarter ended January 19, 2025, showing a slight increase in Jack in the Box same-store sales and a decrease in Del Taco same-store sales.
Key Takeaways
Jack in the Box Inc. announced its first quarter fiscal 2025 results with total revenues decreasing 3.7% to $469.4 million, primarily due to Del Taco refranchising. Diluted earnings per share were $1.75, and operating EPS were $1.92. Jack in the Box same-store sales increased by 0.4%, while Del Taco same-store sales decreased by 4.5%.
Jack in the Box same-store sales increased by 0.4% in the first quarter.
Del Taco same-store sales decreased by 4.5% in the first quarter.
Diluted earnings per share for the quarter was $1.75, with operating EPS at $1.92.
Total revenues decreased by 3.7% to $469.4 million, mainly due to Del Taco refranchising.
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 updated its guidance for fiscal year ending September 28, 2025, adjusting capital expenditures and share repurchases.
Positive Outlook
- Progressing on tech and digital transformation with nearly 1,000 restaurants on new POS system.
- New POS system includes immediate counter kiosk capabilities.
- Completed development agreements for 2 new franchisees to expand in Chicago.
- 8 company-owned restaurants set to begin opening in Summer of 2025.
- Del Taco signed 40 agreements for 303 restaurants since acquisition, with 14 opened to date.
Challenges Ahead
- Capital Expenditures guidance reduced to $100-$105 million (previously $105-$115 million).
- Share repurchases guidance reduced to approximately $5 million (previously approximately $20 million).
- Battled through a difficult industry-wide macro environment.
- Transactions and mix were down compared to prior year for Jack in the Box.
- Sales performance resulted from declines in both transactions and mix for Del Taco.