Relatively strong profits were a bright spot in an otherwise dull report.Shares of fast-food company Jack in the Box (JACK 2.26%) popped on Tuesday after the company reported financial results for its fiscal second quarter of 2024. As of 11:30 a.m. ET, Jack in the Box stock was up 5%, but it had been up about 10% earlier in the day.Here's why the stock is giving back some gainsThe fiscal second quarter for Jack in the Box ended on April 14. And after looking at the numbers, I'm not surprised to see the stoc ...

Jack In The Box (JACK) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.10%. A quarter ago, it was expected that this burger chain would post earnings of $1.95 per share when it actually produced earnings of $1.95, delivering no surprise.Over the last four quarters, the company has s ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 14, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from ________to________. Commission File Number: 1-9390 ____________________________________________________ JACK IN THE BOX INC. (Exact name of registrant as specified in it ...

Exhibit 99.1 Contact: Chris Brandon Vice President, Investor Relations chris.brandon@jackinthebox.com 619.902.0269 Jack in the Box Inc. Reports Second Quarter 2024 Earnings Jack in the Box same-store sales of (2.5%); Del Taco same-store sales of (1.4%) Jack in the Box systemwide sales of (1.6%); Del Taco systemwide sales of (1.3%) Diluted EPS of $1.26; Operating EPS of $1.46 Jack in the Box restaurant level margin of 23.6%, up 2.2% from prior year Jack in the Box signed franchise development agreements in Q ...

Jack in the Box (JACK) is scheduled to report second-quarter fiscal 2024 results on May 14, before the opening bell. In the last reported quarter, the company’s earnings matched the Zacks Consensus Estimate of $1.95.How are Estimates Placed?The Zacks Consensus Estimate for fiscal second-quarter earnings is pegged at $1.43 per share, indicating a decline of 2.7% from $1.47 reported in the year-ago quarter.For revenues, the consensus mark is pegged at $369.7 million. The metric suggests a 6.6% decline from th ...

Analysts on Wall Street project that Jack In The Box (JACK) will announce quarterly earnings of $1.45 per share in its forthcoming report, representing a decline of 1.4% year over year. Revenues are projected to reach $370.07 million, declining 6.5% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a compan ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Jack In The Box (JACK) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 14. On ...

DEFUNIAK SPRINGS, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- Del Taco, the nation's second-largest Mexican quick service restaurant*, announced today the opening of its new Fresh Flex location at 2760 S. Hwy 331. It is the second restaurant for franchise organization, Consolidated Taco Holdings, and uses the all-new Fresh Flex layout, which features a bold, modernized design and innovative layout changes to optimize the guest experience. The DeFuniak Springs restaurant will welcome guests with a contemporary an ...

Jack in the Box Inc. (JACK) has unveiled a strategic partnership with Qu, a leading unified commerce platform, to modernize its restaurant infrastructure. Leveraging Qu's enterprise cloud platform, Jack in the Box aims to achieve 20% digital sales by 2026. The collaboration signifies JACK's commitment to innovation and growth in the highly competitive QSR market.Through Qu's cloud-native POS and open architecture, Jack in the Box will introduce a slew of digital enhancements, including AI-enabled voice orde ...

Jack in the Box Inc. (JACK) is benefiting from menu innovation, focus on delivery channels and marketing strategies. It is investing aggressively in store improvements and new store build. However, high costs remain a concern.Growth DriversMenu innovation is one of the primary characteristics of JACK. It is the nation’s one of the largest hamburger chains. The company is continuously working on maintaining the uniqueness of its brand, menu and premium food offerings.Jack in the Box continues to focus on dri ...