Jack in the Box Inc. Reports Fourth Quarter FY 2016 Earnings; Issues Guidance for FY 2017; Raises Quarterly Cash Dividend by 33%
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Oppenheimer Remains Bullish on Jack in the Box (JACK) Following 4Q
November 22, 2016 10:16 AM ESTOppenheimer reiterated an Outperform rating and $115.00 price target on Jack In The Box (NASDAQ: JACK) following the company's 4Q earnings report. Adjusted 4Q16 EPS of $1.03 beat Street's $0.88E primarily related to better SG&A (~$0.11), a lower tax rate ($0.03) and higher franchise profits ($0.02). Within management's... More
Jack in the Box (JACK) Tops Q4 EPS by 15c
November 21, 2016 4:09 PM ESTJack in the Box (NASDAQ: JACK) reported Q4 EPS of $1.03, $0.15 better than the analyst estimate of $0.88. Revenue for the quarter came in at $398.42 million versus the consensus estimate of $398.71 million.
Jack in the Box system same-store sales increased 2.0 percent for the quarter and exceeded the QSR sandwich segment by 1.3 percentage points for the comparable period, according to The NPD Groups SalesTrack® Weekly for the 13-week time period ended October 2, 2016. Included in this segment are 16 of the top QSR sandwich and burger chains in the country. Company same-store sales increased 0.5 percent in the... More
