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Apr 11, 2021

Jack in the Box Q2 2021 Earnings Report

Reported strong financial results for the second quarter of fiscal year 2021, driven by significant growth in system same-store sales and net earnings.

Key Takeaways

Jack in the Box Inc. reported a 19% increase in total revenues to $257.2 million compared to the same period last year. Net earnings more than tripled to $35.9 million, or $1.58 per diluted share. System same-store sales grew by 20.6%, with company-operated stores increasing by 14.5% and franchise stores by 21.3%.

Total revenues increased by 19% to $257.2 million, driven by system same-store sales growth.

Net earnings more than tripled to $35.9 million, or $1.58 per diluted share.

Company same-store sales increased by 14.5%, and franchise same-store sales increased by 21.3%.

The company repurchased 0.6 million shares of its common stock for $65.0 million.

Total Revenue
$257M
Previous year: $216M
+19.0%
EPS
$1.48
Previous year: $0.5
+196.0%
Company Same-Store Sales
14.5%
Previous year: -4.1%
-453.7%
Franchise Same-Store Sales
21.3%
Previous year: -4.2%
-607.1%
System Same-Store Sales
20.6%
Previous year: -4.2%
-590.5%
Gross Profit
$94.1M
Previous year: $70M
+34.4%
Cash and Equivalents
$109M
Previous year: $169M
-35.7%
Free Cash Flow
$441K
Previous year: $30.7M
-98.6%
Total Assets
$1.79B
Previous year: $1.86B
-3.8%

Jack in the Box

Jack in the Box

Jack in the Box Revenue by Segment

Forward Guidance

The company provided fiscal year 2021 guidance, including underlying assumptions for system same-store sales growth, G&A expenses, commodity cost inflation, labor cost inflation, and Adjusted EBITDA.

Revenue & Expenses

Visualization of income flow from segment revenue to net income