Box(BOX) ZACKS·2024-11-18 13:45Core Viewpoint - Jack in the Box (JACK) is set to report its fourth-quarter fiscal 2024 results on December 20, with expectations of a slight earnings growth but a decline in revenues compared to the previous year [1][3]. Financial Estimates - The Zacks Consensus Estimate for fiscal fourth-quarter earnings is 1.09 in the same quarter last year [3]. - Revenue expectations are pegged at $357.7 million, indicating a 4% decline from the previous year's figure [3]. Performance Factors - The company's performance in the fourth quarter is anticipated to benefit from menu innovation and market expansion, along with improvements in marketing and restaurant technology [5]. - Operational efficiencies and premium menu items, such as the Smashed Jack burger and Chicken and Waffle Sticks, are expected to support higher average checks [6]. - Cost-saving measures, including upgraded oil management systems and automation, are likely to enhance margins in the fiscal fourth quarter [6]. - Digital innovations, such as enhanced loyalty programs and mobile app upgrades, are expected to improve customer experience and performance [7]. - The company is focusing on growth in the breakfast segment by reintroducing discontinued items and incorporating breakfast into marketing campaigns [8]. Challenges - Reduced customer traffic and a shift in product mix due to inflationary pressures are likely to negatively impact revenues [9]. - Changes in consumer spending, particularly among value-conscious and lower-income guests, may affect comparable sales in the fiscal fourth quarter [9]. Earnings Prediction - The current model does not predict an earnings beat for Jack in the Box, with an Earnings ESP of -0.02% and a Zacks Rank of 3 (Hold) [10].