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Jul 04, 2021

Jack in the Box Q3 2021 Earnings Report

Jack in the Box Inc. reported growth in systemwide sales, system same store sales and earnings per share for Q3 2021.

Key Takeaways

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.

Total Revenue
$269M
Previous year: $242M
+11.2%
EPS
$1.79
Previous year: $1.37
+30.7%
Company Same-Store Sales
9%
Previous year: 4.1%
+119.5%
Franchise Same-Store Sales
10.3%
Previous year: 6.9%
+49.3%
System Same-Store Sales
10.2%
Previous year: 6.6%
+54.5%
Gross Profit
$100M
Previous year: $87.3M
+14.8%
Cash and Equivalents
$102M
Previous year: $197M
-48.0%
Free Cash Flow
$59.1M
Previous year: $27.3M
+116.7%
Total Assets
$1.79B
Previous year: $1.89B
-5.3%

Jack in the Box

Jack in the Box

Jack in the Box Revenue by Segment

Forward Guidance

The company provided updates to its 2021 guidance measures. They will provide similar guidance measures for FY 2022 on its Q4 2021 earnings call.

Revenue & Expenses

Visualization of income flow from segment revenue to net income