Jack in the Box Q3 Earnings: Same-Store Sales Decline, Updated Guidance
JACK has more than doubled off its 52-week low of $8.915.
Summary
Jack in the Box reported Q3 FY2026 earnings with same-store sales down 1.1% and EPS of $1.08, and updated full-year guidance. The company also completed its $500 million refinancing, reducing near-term debt risk.
Key Events · Earnings and Guidance · JACK
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Q3 Same-Store Sales Decline
System same-store sales fell 1.1% in Q3 FY2026, driven by a 1.2% decline in franchise locations and 0.9% in company-owned stores, primarily due to lower transactions.
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EPS Misses Prior Year
Diluted EPS from continuing operations was $1.08, down from $1.19 in Q3 FY2025. Operating EPS (non-GAAP) was $0.96 versus $1.04 a year ago.
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Updated FY2026 Guidance
Company now expects adjusted EBITDA of $225-230 million, SG&A of $112-115 million, and restaurant count of approximately 2,100, with 25 openings and 50-60 closures.
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Refinancing Completed
During Q3, the company prepaid $110 million of Series 2019-1 notes and completed a $500 million 2026-1 Class A-2 Notes offering, extending debt maturities to May 2031.
Analysis · JACK · Trade & Services
Jack in the Box reported Q3 FY2026 results with same-store sales down 1.1% and diluted EPS of $1.08, missing prior-year EPS of $1.19. The company updated full-year guidance, narrowing adjusted EBITDA to $225-230 million and SG&A to $112-115 million, while confirming the completion of its $500 million refinancing. The results reflect ongoing sales pressure and restaurant closures under the 'JACK on Track' program, but the refinancing removes near-term debt maturity risk.
At the time of this filing, JACK was trading at $20.14 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $358M. The 52-week trading range was $8.92 to $23.86. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.