MONETT, Mo., Oct. 23, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc.® (NASDAQ: JKHY) announced today that it will host a live Webcast of its first quarter 2025 earnings conference call on November 6, 2024. The press release announcing first quarter 2025 earnings will be issued after market close on November 5, 2024.The live Webcast, which will begin at 7:45 a.m. Central (8:45 a.m. Eastern), can be accessed on the Jack Henry Web site at www.jackhenry.com. Please log on 10 minutes prior to the beginning o ...

LAKE FOREST, Calif., Oct. 03, 2024 (GLOBE NEWSWIRE) -- USA Today's 10Best Reader's Choice Awards 2024 isn’t the only thing Del Taco is winning this year! Today, the nation’s second-largest Mexican quick service restaurant* is winning in the value space with the launch of its NEW Del’s Mucho Meal$™, where guests have 4 brand new meal combos to choose from and can get more of what they love for less. "At Del Taco, we know our guests are looking for great value without sacrificing flavor or freshness. In a wor ...

Core Insights - The collaboration between Janie and Jack and American Girl aims to create a unique holiday experience by blending their signature styles and storytelling [1][2] - The collection features nine styles for girls, with prices ranging from $36.50 to $114.00, and includes matching outfits for American Girl's 18-inch dolls priced from $12 to $40 [2] Company Overview - Janie and Jack is a design house for children's clothing, known for its classic fashion twists and focus on family moments and memorable gifts [3] - Mattel is a leading global toy and family entertainment company, owning iconic brands such as American Girl, and offers a wide range of products including toys, content, and live experiences [4]

KISSIMMEE, Fla., Sept. 25, 2024 (GLOBE NEWSWIRE) -- Del Taco, the nation’s second-largest Mexican quick service restaurant*, announced the opening of the newest location at 7531 W. Irlo Bronson Memorial Highway, marking the brand’s second company-owned location in the popular tourist destination of Kissimmee and marks the seventh restaurant in Orlando. A short distance from the main entrance to the Disney World® theme park, the new restaurant highlights Del Taco’s sleek, contemporary Fresh Flex layout. The ...

Jack in the Box Inc. (JACK) is likely to benefit from menu innovation, digital efforts and unit expansion efforts. Also, the focus on the re-image program bodes well. However, dismal comps and elevated labor costs are concerns.Let us discuss the factors that highlight why investors should retain the stock for now.Growth Catalysts of JACKMenu Innovation: Jack in the Box has adopted a dual approach to cater to both current market conditions and long-term goals. To attract value-oriented customers, the company ...

Jack in the Box Inc. (JACK) reported mixed second-quarter fiscal 2024 results, with earnings beating the Zacks Consensus Estimate and revenues missing the same. The top line also declined year over year.Earnings & Revenue DetailsIn the fiscal third quarter, operating earnings per share (EPS) came in at $1.65, beating the Zacks Consensus Estimate of $1.50. The metric rose 13.8% from $1.45 per share reported in the prior-year quarter.Quarterly revenues of $369.2 million missed the consensus mark of $370 milli ...

Jack In The Box (JACK) reported $369.17 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 7%. EPS of $1.65 for the same period compares to $1.45 a year ago.The reported revenue represents a surprise of -0.17% over the Zacks Consensus Estimate of $369.78 million. With the consensus EPS estimate being $1.50, the EPS surprise was +10.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Str ...

Financial Data and Key Metrics Changes - The third quarter system same store sales for Jack in the Box declined by 2.2%, with franchise restaurant comps decreasing by 2.4% and company-owned sales up by 0.1% [25][26] - Del Taco's system same store sales declined by 3.9%, with franchise sales down by 4.1% and company-owned comps decreasing by 3.5% [30] - Consolidated adjusted EBITDA was $78.9 million, down from $81.6 million in the prior year, primarily due to Del Taco re-franchising and decreased sales [33][34] - The company recorded a non-cash goodwill impairment of $162.6 million for the Del Taco reporting unit, resulting in a consolidated gap diluted loss per share of $6.26 compared to earnings per share of $1.41 in the prior year [34] Business Line Data and Key Metrics Changes - Jack in the Box's restaurant level margin percentage decreased year-over-year by 80 basis points to 21%, driven by higher labor costs [28] - Del Taco's restaurant level margin was 13.4%, down 400 basis points from the prior year, mainly due to increased labor and utility costs [30] - Notable sales contributions for Jack in the Box came from chicken and burgers, with Smash Jack driving burger sales [27] Market Data and Key Metrics Changes - Jack in the Box opened three restaurants and closed three during the quarter, expecting to open between 25 and 35 restaurants for the fiscal year [28] - Del Taco had five openings and three closures, with expectations to hit the higher end of the guidance of opening 10 to 15 restaurants this fiscal year [32] - New market performance for Jack in the Box showed strong results, with Salt Lake City locations averaging over $100,000 in weekly AUVs [17][76] Company Strategy and Development Direction - The company is focusing on reconnecting with lower-income, value-oriented guests through initiatives like the Munchies Under $4 platform and Jack's Big Deal Meal [9][11] - There is a commitment to digital growth, aiming to increase sales from 14% to 20%, with first-party sales up 80% year-over-year [14] - The company plans to enter the Chicago market aggressively in 2025, with a strategy to open up to 10 company locations [42] Management's Comments on Operating Environment and Future Outlook - Management acknowledged a challenging consumer environment but expressed confidence in their strategies to drive transactions and sales growth [9][24] - There are early signs of improved sales performance at Del Taco, with a new leadership team making progress on marketing and operational changes [20][21] - Management remains optimistic about the long-term growth potential of both brands despite short-term challenges [24][68] Other Important Information - The company plans to continue its refranchising efforts, with 27 Del Taco restaurants recently re-franchised and a development agreement for 25 additional locations [66] - The re-image program for Jack in the Box has received strong interest from franchisees, with over 600 requests submitted for remodeling [19][72] - The company declared a cash dividend of $0.44 per share to be paid on September 19 [36] Q&A Session Summary Question: How is the company positioning the brand to succeed in the Chicago market? - The company plans to aggressively enter the Chicago market by converting existing locations and surrounding them with additional franchisees to ensure quick market penetration [42] Question: Can you explain the improving momentum heading into the fourth quarter? - Management noted that the Munchies Under $4 initiative increased ticket sizes, and they expect easier comps in the fourth quarter to support improved performance [44][46] Question: Did a competitor's $5 Meal Deal impact trends? - Management indicated that while competitive pressure is felt, there was no significant impact from any single competitor, but rather a general challenge in breaking through the noise of value offerings [50] Question: What is the sentiment among franchisees regarding development timelines? - Franchisee interest remains strong, with many sites in permitting and construction, and no significant decline in development interest noted [87] Question: How is the company addressing the value proposition amidst rising prices? - Management is continuously assessing market data to ensure pricing remains competitive while focusing on driving transactions through value offerings [82][84]

Jack In The Box (JACK) came out with quarterly earnings of $1.65 per share, beating the Zacks Consensus Estimate of $1.50 per share. This compares to earnings of $1.45 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this burger chain would post earnings of $1.43 per share when it actually produced earnings of $1.46, delivering a surprise of 2.10%.Over the last four quarters, the company ...

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 July 7, 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 its ...