Jack in the Box Q3 FY2026: Same-Store Sales Down 1.1%, EPS $1.08, Refinancing Details
JACK has more than doubled off its 52-week low of $8.915.
Summary
Jack in the Box's Q3 FY2026 10-Q details a 1.1% same-store sales decline, EPS of $1.08, and a $500 million debt refinancing at 7.624% interest. Legal accrual reversals boosted earnings.
Key Events · Earnings and Guidance · JACK
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Same-Store Sales Decline
System same-store sales fell 1.1% in Q3 FY2026, with company-operated down 0.9% and franchise down 1.2%. Year-to-date system same-store sales are down 4.2%.
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EPS and Revenue
Diluted EPS from continuing operations was $1.08, down from $1.19 a year ago. Total revenue was $257.7 million, down 1.8% from $262.4 million.
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Debt Refinancing
Issued $500 million of Series 2026-1 Class A-2 Notes at 7.624% interest on June 23, 2026, replacing lower-rate notes. Also drew $39 million on Variable Funding Notes at 6.946%.
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Legal Accrual Reversals
Reversed a portion of the $6.4 million Gessele verdict and the full $8.0 million J&D Restaurant Group accrual, boosting earnings by over $14 million.
Analysis · JACK · Trade & Services
Jack in the Box reported Q3 FY2026 results with system same-store sales down 1.1% and diluted EPS of $1.08 from continuing operations. The 10-Q provides full financial detail behind today's 8-K, including the $500 million securitized debt refinancing at 7.624% interest, which replaces lower-rate notes and increases interest expense. The company also reversed legal accruals totaling over $14 million, providing a one-time earnings boost. The filing shows continued sales declines and rising costs, but the refinancing and legal reversals are material new information for investors.
At the time of this filing, JACK was trading at $19.29 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.