Jack in the Box Q2 revenue falls on lower transactions; EPS in line with expectations

Jack In The Box

13/05/2026 21:22

Overview

U.S. hamburger chain's Q2 revenue fell 4.3% yr/yr; same-store sales declined 3.8%

Adjusted EPS for Q2 met analyst expectations

Company attributed sales decline to lower transactions, partially offset by price increases

Outlook

Company sees low single-digit same-store sales decline for fiscal 2026 vs fiscal 2025

Jack in the Box expects adjusted EBITDA of $225 mln to $235 mln for fiscal 2026

Company expects 2,050 to 2,100 restaurants at year-end, with 20 openings and 50-100 closures

Result Drivers

TRANSACTION DECLINE - Co said lower transactions drove same-store sales decline, partially offset by price increases

COMMODITY COST INFLATION - Restaurant-level margin fell due to higher commodity costs and changes in restaurant mix

LOWER FRANCHISE REVENUE - Franchise-level margin decreased due to lower sales, fewer restaurants from closure program, and reduced lease termination fees

Company press release: ID:nBw8YP9vga

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Company Restaurant Sales
$94.70 mln
Q2 Adjusted EPS
Meet
$0.76
$0.76 (17 Analysts)
Q2 EPS
$0.65
Q2 Net Income
$10.25 mln
Q2 Adjusted EBITDA
$51.30 mln
Q2 Operating Income
$35.47 mln
Q2 Pretax Profit
$17.33 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 14 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the restaurants & bars peer group is "buy"

Wall Street's median 12-month price target for Jack in the Box Inc is $20.00, about 47.4% above its May 12 closing price of $13.57

The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 5 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)