Jack in the Box Inc. reported a strong third quarter with a 10.6% increase in systemwide sales, driven by positive same-store sales results. Diluted EPS increased by 26.1% to $1.79, and net earnings rose to $40.0 million.
Systemwide sales increased by 10.6% due to same store sales growth.
Company-operated same-store sales grew by 9.0%, with balanced contribution from transactions and average check.
Franchise same-store sales grew by 10.3%, showing similar trends in average check and transactions.
Diluted earnings per share increased by 26.1% to $1.79.
The company provided updates to its 2021 guidance measures. They will provide similar guidance measures for FY 2022 on its Q4 2021 earnings call.
Visualization of income flow from segment revenue to net income