JACK Earnings Prediction
The chart below shows how JACK performed 10 days before and after its earnings report, based on data from the past quarters. Typically, JACK sees a +2.06% change in stock price 10 days leading up to the earnings, and a +0.13% change 10 days following the report. On the earnings day itself, the stock moves by -0.73%. This data can give you a slight idea of what to expect for the next quarter's release.
JACK Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
349.29M
-6.24%
-5.39%
Gross Margin
50.51%
1.02%
-0.22%
Operating Margin
16.02%
16.17%
-11.54%
Net Margin
6.28%
6.80%
-118.96%
EPS
1.14
6.54%
-118.12%
No Data Available
JACK Earnings Analysis
Jack in the Box Inc. Corporation (JACK.O) Earnings Conference Call
Positive
New Restaurant Openings: In fiscal 2024, we achieved significant milestones with the largest number of new restaurants opening in over a decade for Jack in the Box, sustaining sales performance in new markets.
Brand Growth and Development: Positive net unit growth at both brands with a growing new restaurant pipeline, progress on brand building initiatives including first and third-party digital, new POS rollout and restaurant reimages.
Restaurant Expansion Success: We ended the year with 2,191 restaurants, marking a 50% increase in gross openings with 10 more restaurants than prior year, resulting in positive net restaurant growth for the year.
Digital Sales and Loyalty Enhancement: Our digital sales now account for over 14%, and the combination of the new POS and app for Jack will allow us to dramatically improve our loyalty program to deliver personalized offers and promotions to our growing loyalty guest base.
Sales Growth Overview: First-party sales continued to grow, higher by 83% year-over-year in quarter four, and third-party now is nearly 70% of our total digital business, continues to grow consistently and was up high-single digits.
Negative
Same-Store Sales Decline: Same-store sales declined 2.1% with franchise comps lower by 2% and company owned comps down 2.2%.
Margin Decline Analysis: Jack restaurant level margin decreased year-over-year by 220 basis points to 18.5%.
Margin Decline Analysis: Del Taco restaurant level margin was 9.3% compared to 14.8% in the prior year, driven by transaction declines and inflationary increases in wages.
SG&A Expense Comparison: SG&A for the fourth quarter was $30 million or 8.6% of revenues compared to $43.7 million or 11.7% year ago.
EBITDA Decline Analysis: Consolidated adjusted EBITDA was $65.5 million, down from $68.4 million in the prior year due primarily to the impacts from Del Taco refranchising and the decrease in sales.
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JACK Earning Call Sentiment
Jack in the Box Inc. (JACK) Q4 2024 Earnings Call Transcript
1.0x
00:00
00:00
JACK.O
-2.11%Positive
The earnings call reveals mixed financial performance with decreased EBITDA and increased labor costs due to wage inflation. While there is some sales growth and digital focus, the negative guidance for same-store sales and challenges with AB1228 impact outweigh positives. The Q&A section highlights uncertainties around margins and refranchising, with unclear management responses. Despite share repurchases, the negative sentiment from weak guidance and margin pressures suggests a negative stock price movement in the next two weeks.
