Group 1 - The article discusses the author's personal experiences and challenges in trading Jack in the Box Inc. (JACK) stock, indicating it has been an unsuccessful investment attempt [1] - The author has been involved in the logistics sector for nearly two decades and has a decade of experience in stock investing and macroeconomic analysis, focusing on ASEAN and NYSE/NASDAQ stocks [1] - The author diversified their portfolio by investing in various sectors, including banking, telecommunications, logistics, and hotels, and has holdings in both the Philippine and US markets [1] Group 2 - The author began trading in the US market in 2020 and has been using analyses from Seeking Alpha to compare with their own research in the Philippine market [1] - The article highlights the author's transition from using a relative's trading account to opening their own account, which increased their awareness of the US market [1] - The author emphasizes the importance of portfolio diversification, moving beyond traditional savings in banks and properties to include stock investments [1]

Group 1 - The article discusses the author's personal experiences and challenges in trading Jack in the Box Inc. (JACK) stock, indicating it has been an unsuccessful investment attempt [1] - The author has been involved in the logistics sector for nearly two decades and has a decade of experience in stock investing and macroeconomic analysis, focusing on ASEAN and NYSE/NASDAQ stocks [1] - The author diversified their portfolio by investing in various sectors, including banking, telecommunications, logistics, and hotels, and has holdings in both the Philippine and US markets [1] Group 2 - The author began trading in the US market in 2020 and has been using analyses from Seeking Alpha to compare with their own research in the Philippine market [1] - The article highlights the author's transition from using a relative's trading account to opening their own account, which reflects a growing awareness of the US market [1] - The author emphasizes the importance of portfolio diversification, moving beyond traditional savings in banks and properties to include stock investments [1]

Core Insights - Jack in the Box's shares increased by up to 12% following the release of its fiscal fourth-quarter results and expectations for fiscal 2026, despite being down for the year [1] Financial Performance - Fourth-quarter revenue decreased by 6.6% year over year to $326.2 million, but exceeded Wall Street estimates [3] - Adjusted earnings fell to $5.8 million, or $0.30 per share, a significant drop from $1.16 a year ago and below consensus forecasts [3] - Same-store sales declined by 7.4%, affected by weakened traffic at both company-operated and franchised restaurants [4] Future Outlook - Management described fiscal 2026 as a "rebuilding year," with expectations for same-store sales to range from a 1% decline to a 1% increase [5] - The company anticipates adjusted EBITDA of $225 million to $240 million for fiscal 2026, which is notable given its market capitalization of approximately $300 million [5] - Investment in the "Jack on Track" plan is planned for fiscal 2026, alongside the divestment of Del Taco to simplify operations and reduce debt [6]

Core Viewpoint - Jack In The Box, Inc. reported weaker-than-expected fourth-quarter earnings, with earnings per share of 30 cents, missing the analyst estimate of 45 cents, while quarterly revenue of $326.19 million beat expectations but declined from $349.29 million year-over-year [1]. Financial Performance - Quarterly earnings per share were 30 cents, below the expected 45 cents [1]. - Quarterly revenue was $326.19 million, surpassing the analyst estimate of $319.65 million but down from $349.29 million in the same quarter last year [1]. Market Reaction - Following the earnings announcement, Jack In The Box shares fell 2.6% to $14.00 in pre-market trading [2]. Analyst Ratings and Price Targets - TD Cowen analyst Andrew M. Charles maintained a Hold rating and lowered the price target from $21 to $16 [4]. - Goldman Sachs analyst Christine Cho maintained a Sell rating and reduced the price target from $17 to $15 [4]. - Oppenheimer analyst Brian Bittner maintained an Outperform rating and decreased the price target from $28 to $24 [4]. - Truist Securities analyst Jake Bartlett maintained a Hold rating and lowered the price target from $19 to $16 [4]. - Stifel analyst Chris O'Cull maintained a Hold rating and reduced the price target from $20 to $18 [4].

Core Viewpoint - Jack In The Box, Inc. reported weaker-than-expected fourth-quarter earnings, with earnings per share of 30 cents, missing the analyst estimate of 45 cents, while quarterly revenue of $326.19 million beat expectations but declined from $349.29 million year-over-year [1]. Financial Performance - Quarterly earnings per share were 30 cents, below the expected 45 cents [1]. - Quarterly revenue was $326.19 million, surpassing the analyst estimate of $319.65 million but down from $349.29 million in the same quarter last year [1]. Market Reaction - Following the earnings announcement, Jack In The Box shares fell 2.6% to $14.00 in pre-market trading [2]. Analyst Ratings and Price Targets - TD Cowen analyst Andrew M. Charles maintained a Hold rating and lowered the price target from $21 to $16 [4]. - Goldman Sachs analyst Christine Cho maintained a Sell rating and reduced the price target from $17 to $15 [4]. - Oppenheimer analyst Brian Bittner maintained an Outperform rating and decreased the price target from $28 to $24 [4]. - Truist Securities analyst Jake Bartlett maintained a Hold rating and lowered the price target from $19 to $16 [4]. - Stifel analyst Chris O'Cull maintained a Hold rating and reduced the price target from $20 to $18 [4].

Group 1 - The article does not provide any specific information or insights regarding a company or industry [1]

Core Insights - Jack In The Box reported a revenue of $326.19 million for the quarter ended September 2025, reflecting a year-over-year decline of 6.6% and an EPS of $0.30 compared to $1.16 a year ago, with a revenue surprise of +1.47% over the Zacks Consensus Estimate [1] - The consensus EPS estimate was $0.46, resulting in an EPS surprise of -34.78% [1] - The stock has returned -21.5% over the past month, underperforming the Zacks S&P 500 composite's -0.6% change, and currently holds a Zacks Rank 4 (Sell) [3] Revenue and Sales Performance - Same-store sales for Jack In The Box decreased by 7.4%, worse than the estimated decline of 5.8% [4] - Company restaurant sales revenue was $142.52 million, exceeding the average estimate of $136.31 million but showing a year-over-year decline of 5.9% [4] - Franchise revenues, including rental, royalties, and contributions, totaled $183.68 million, slightly below the estimated $185.39 million, marking a year-over-year decline of 7.2% [4] Franchise Metrics - Total restaurant counts for Jack In The Box remained at 2,136, matching analyst estimates [4] - Del Taco's same-store sales decreased by 3.9%, compared to the estimated decline of 2.1% [4] - Del Taco's total restaurant counts were 576, below the estimated 586 [4]

分组1 - Jack In The Box reported quarterly earnings of $0.3 per share, missing the Zacks Consensus Estimate of $0.46 per share, and down from $1.16 per share a year ago, representing an earnings surprise of -34.78% [1] - The company posted revenues of $326.19 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.47%, but down from $349.29 million year-over-year [2] - Jack In The Box shares have lost about 65.8% since the beginning of the year, while the S&P 500 has gained 12.5% [3] 分组2 - The current consensus EPS estimate for the coming quarter is $1.56 on revenues of $446.74 million, and for the current fiscal year, it is $4.61 on revenues of $1.45 billion [7] - The Zacks Industry Rank indicates that the Retail - Restaurants sector is currently in the bottom 20% of over 250 Zacks industries, which may negatively impact stock performance [8]

Financial Data and Key Metrics Changes - For Q4 2025, same-store sales for Jack in the Box declined 7.4%, with franchise same-store sales down 7.6% and company-owned same-store sales down 5.3% [19] - Jack restaurant level margin decreased by 240 basis points year-over-year to 16.1%, driven by sales deleverage, commodity inflation of 6.9%, and elevated labor costs [20] - Consolidated adjusted EBITDA for Q4 was $45.6 million, down from $65.5 million in the prior year, primarily due to lower same-store sales [26] - GAAP diluted earnings per share for Q4 was $0.30, compared to $1.12 in the prior year [27] Business Line Data and Key Metrics Changes - Jack in the Box opened 15 restaurants and closed 47 in Q4, ending the year with 2,136 restaurants [19] - Del Taco's system same-store sales declined 3.9%, with company-owned same-store sales down 3.1% and franchise same-store sales down 4.2% [24] - Del Taco restaurant level margin decreased to 6.8% from 9.3% in the prior year, primarily due to transaction declines and inflationary increases in commodities [24] Market Data and Key Metrics Changes - The Chicago market had a -130 basis point drag on overall company restaurant level margin due to elevated labor costs from new restaurant openings [21] - Franchise level margin for Jack in the Box was $62.6 million, or 38.9% of franchise revenues, compared to $70.9 million, or 40.4% a year ago [22] Company Strategy and Development Direction - The company is focused on the "Jack on Track" plan, which aims to simplify the business and strengthen the Jack in the Box brand [8] - The divestiture of Del Taco is a key step to refocus on the Jack in the Box brand and improve operational performance [8] - The company plans to enhance operational excellence and improve food quality, with a focus on consistency across operations [12] Management's Comments on Operating Environment and Future Outlook - Management expects 2026 to be a rebuilding year, with same-store sales returning to positive as operational improvements are implemented [16] - The company anticipates challenges in the first quarter of 2026 but expects improvements in the second quarter, coinciding with the 75th anniversary celebrations [39] - Management has not built in significant macroeconomic tailwinds into their guidance, expecting conditions to remain flat [60] Other Important Information - The company ended the year with total debt of $1.7 billion and a net debt to adjusted EBITDA leverage ratio of six times [28] - Capital expenditures for Q4 were $17.9 million, with cash flows from operations for the quarter at $33.7 million [28] Q&A Session Summary Question: What are the main drivers of improvement in same-store sales for 2026? - Management expects improvements to be driven by a combination of promotional strategies, operational enhancements, and softer comparisons in the second half of the year [39][40] Question: What is the assumption in the current EBITDA guidance regarding real estate sales and closures? - Management confirmed that the guidance includes block closures and anticipates $50 million to $70 million in real estate sales [41][42] Question: How is franchisee sentiment regarding the current competitive environment? - Franchisees are under pressure but remain supportive of the brand, with ongoing conversations to drive business forward [66][70] Question: What are the expectations for G&A expenses in the second half of 2026? - G&A is expected to decrease to approximately 2.3%-2.4% of system-wide sales in the second half as the company right-sizes the business [62] Question: How are value scores trending, and what is the strategy moving forward? - Value scores have improved slightly, and the company aims to maintain consistent value offerings across its menu [84][92]

Financial Data and Key Metrics Changes - For Q4 2025, same-store sales for Jack in the Box declined 7.4%, with franchise same-store sales down 7.6% and company-owned same-store sales down 5.3% [19] - Jack restaurant level margin decreased by 240 basis points to 16.1% due to sales deleverage, commodity inflation of 6.9%, and elevated labor costs [20] - Consolidated adjusted EBITDA was $45.6 million, down from $65.5 million in the prior year, primarily due to lower same-store sales [26] Business Line Data and Key Metrics Changes - Jack in the Box had 15 restaurant openings and 47 closures in Q4, ending the year with 2,136 restaurants [19] - Del Taco's system same-store sales declined 3.9%, with company-owned same-store sales down 3.1% and franchise same-store sales down 4.2% [24] - Del Taco restaurant level margin decreased to 6.8% from 9.3% in the prior year, driven by transaction declines and inflationary increases in commodities [24] Market Data and Key Metrics Changes - The Chicago market had a negative 130 basis point drag on overall company restaurant level margin due to elevated labor costs from new restaurant openings [21] - Franchise level margin for Jack in the Box was $62.6 million, or 38.9% of franchise revenues, compared to $70.9 million, or 40.4% a year ago [22] Company Strategy and Development Direction - The company is focused on the "Jack on Track" plan, which includes simplifying the business and divesting Del Taco to strengthen the Jack in the Box brand [8][9] - A comprehensive reimage program is in progress, with a focus on modernizing restaurants and enhancing customer experience [15][99] - The company aims to achieve same-store sales growth and improve operational efficiency while managing costs effectively [16][12] Management's Comments on Operating Environment and Future Outlook - Management expects 2026 to be a rebuilding year, with same-store sales returning to positive as operational improvements are implemented [16] - The company anticipates challenges in the first quarter due to comparisons with stronger results from the previous year and external factors like government shutdowns [40][48] - Management is optimistic about the long-term potential, aiming for a stronger, more disciplined brand by the end of 2026 [18] Other Important Information - The company plans to pay down $263 million in debt by retiring the August 2026 tranche of its securitization with proceeds from the Del Taco divestiture and real estate sales [34] - Capital expenditures for Q4 were $17.9 million, with cash flows from operations for the quarter at $33.7 million [28] Q&A Session Summary Question: What are the main drivers of same-store sales improvement in 2026? - Management expects the first quarter to be soft but anticipates improvements in the second quarter due to marketing initiatives and anniversary promotions [39] Question: What is the assumption in the current EBITDA guidance regarding real estate sales and closures? - Management confirmed that block closures are included in the guidance, with expectations of 60-100 closures and $50 million to $70 million in real estate sales [41][42] Question: How is franchisee sentiment regarding the brand and investment in the Jack on Track plan? - Franchisees are under pressure but remain supportive, with a willingness to invest in the brand as conditions improve [66][69] Question: What are the expectations for top and bottom line growth in the long term? - Management indicated that long-term guidance will be provided once the company is further along in the Jack on Track program, with expectations for moderate growth in the future [73] Question: What is the current status of the reimage program? - The company has a reimage plan in place and is focused on ensuring that significant contributions are made to enhance restaurant appearances [96][99]