Jack in the Box Q3 Sales Miss, Restaurant Closures Accelerate as Turnaround Drags
JACK has more than doubled off its 52-week low of $8.915.
Summary
Jack in the Box reported Q3 FY2026 revenue of $257.7M, down 1.8% year-over-year and below the $264.6M consensus. Same-store sales fell 1.1% on declining transactions despite higher prices. Adjusted EPS dropped to $0.96 from $1.04 a year ago. The company closed 17 restaurants and opened only 4, leaving 2,115 locations, down from 2,168 a year earlier. Management updated full-year guidance to about 2,100 restaurants with 50-60 closures, and maintained a low-single-digit same-store sales decline forecast. This follows the $500M debt refinancing completed in June and the recent departure of the chief supply chain officer.
At the time of this announcement, JACK was trading at $19.03 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 news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Dow Jones Newswires.