Jack In The Box ( (JACK) ) has released its Q1 earnings. Here is a breakdown of the information Jack In The Box presented to its investors.
Jack in the Box Inc., a prominent player in the quick-service restaurant industry, operates the Jack in the Box hamburger chain and Del Taco, a leading Mexican-American QSR chain in the United States.
In its first quarter of 2025, Jack in the Box Inc. reported mixed results, with a slight increase in same-store sales for Jack in the Box and a decline for Del Taco. The company is focused on expanding its presence in Chicago and advancing its digital transformation efforts.
Jack in the Box saw a 0.4% increase in same-store sales, while Del Taco experienced a 4.5% decline. Systemwide sales for Jack in the Box grew by 0.5%, whereas Del Taco’s sales fell by 1.9%. The company’s diluted earnings per share were $1.75, with operating earnings per share at $1.92. Despite a decrease in total revenues by 3.7% to $469.4 million, the company maintained a strong restaurant-level margin.
The company continues to navigate challenges such as increased labor costs due to California’s minimum wage law and refranchising impacts. However, it remains committed to strategic growth through new franchise agreements and technological enhancements.
Looking ahead, Jack in the Box Inc. aims to regain sales momentum by focusing on capital allocation, investments, and leverage reduction, as indicated by interim principal executive officer Lance Tucker.