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Apr 13
Jack in the Box Q2 2025 Earnings Report
Reported Second Quarter 2025 Earnings
Key Takeaways
Jack in the Box Inc. reported a net loss of $142.2 million in the second quarter of fiscal 2025, a significant decrease from net earnings of $25.0 million in the prior year quarter, primarily due to a non-cash goodwill and intangible impairment charge for Del Taco. Total revenues decreased by 7.8% to $336.7 million.
Diluted loss per share was ($7.47), compared to diluted earnings per share of $1.26 in the prior year quarter.
Operating Earnings Per Share, a non-GAAP measure, was $1.20, down from $1.46 in the prior year quarter.
Jack in the Box system same-store sales decreased 4.4%, and Del Taco system same-store sales decreased 3.6%.
The company recognized a non-cash goodwill and intangible impairment charge of $203.2 million relating to the Del Taco reporting unit.
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
All guidance measures remain the same as provided on April 23, 2025, as part of the 'JACK on Track' plan announcement.
Positive Outlook
- Marketing plans in the back half of 2025 are expected to energize sales.
- Addressing areas of need to improve the business.
- Confident in ability to establish consistent top-line trends.
- Becoming a more simple, efficient company and investor story.
- No changes to previously provided guidance.
Challenges Ahead
- Difficult industry-wide macro environment continues.
- Same-store sales declines in the current quarter.
- Continued inflation for commodities, wage, and utilities impacting margins.
- Higher operating costs for Jack in the Box.
- Decrease in Del Taco restaurant count from refranchising and closings.