Jack in the Box Q1 revenue falls 5.8%, EPS misses estimates

Jack In The Box

18/02/2026 21:25

Overview

Hamburger chain's Q1 revenue fell 5.8%, driven by same-store sales declines

Adjusted EPS for Q1 missed analyst expectations

Company completed sale of Del Taco, impacting financial results

Outlook

Jack in the Box reiterates its prior fiscal 2026 forecast; expects same-store sales of -1% to +1% for fiscal year 2026

Company anticipates 17% to 18% restaurant level margin amid commodity and wage inflation

Jack in the Box plans 20 new openings and 50 to 100 closures, mostly franchises

Result Drivers

SAME-STORE SALES DECLINE - Q1 same-store sales fell 6.7% due to lower transactions and mix, partially offset by price increases

MARGIN PRESSURE - Restaurant-level margins decreased due to commodity cost inflation and changes in restaurant mix

RESTAURANT CLOSURES - Net restaurant count decreased with six openings and 14 closures, affecting franchise-level margins

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Company Restaurant Sales
$131.91 mln
Q1 Adjusted EPS
Miss
$1
$1.04 (16 Analysts)
Q1 EPS
-$0.13
Q1 Adjusted EBITDA
$68.20 mln
Q1 Operating Income
$46.64 mln
Q1 Pretax Profit
$21.27 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 15 "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 $19.00, about 11% below its February 17 closing price of $21.34

The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 3 three months ago

Press Release: ID:nBw5yrZt3a

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(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.)