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Oct 01, 2023
Jack in the Box Q4 2023 Earnings Report
Jack in the Box Inc. reported Q4 2023 earnings, marked by positive unit growth, successful new market openings, accelerated Del Taco refranchising, strong same stores sales performance and improvements in restaurant-level profitability.
Key Takeaways
Jack in the Box Inc. announced its Q4 2023 financial results, with total revenues decreasing by 7.5% to $372.5 million. Net earnings decreased to $21.9 million, with diluted earnings per share at $1.08. Despite industry headwinds, the company achieved positive unit growth and strong same-store sales performance for Jack in the Box.
Jack in the Box same-store sales increased by 3.9% in Q4 2023.
Del Taco same-store sales decreased by 1.5% in Q4 2023.
The company repurchased 0.4 million shares of common stock in Q4 2023.
Jack in the Box opened its first-ever restaurant in Louisville, with stronger-than-expected sales performance.
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 following guidance and underlying assumptions reflect the company’s current expectations for the fiscal year ending September 29, 2024:
Revenue & Expenses
Visualization of income flow from segment revenue to net income