Jack in the Box, Inc. (JACK) Tops Q1 EPS by 15c; Updates Outlook

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Jack in the Box, Inc. (NASDAQ: JACK) reported Q1 EPS of $0.54, $0.15 better than the analyst estimate of $0.39. Revenue for the quarter came in at $465.52 million versus the consensus estimate of $457.8 million. System-wide same-store sales rose 1.9 percent at Jack in the Box and 1 percent for Qdoba/

Jack in the Box, Inc. sees FY2013 EPS of $1.48-1.63, versus the consensus of $1.54.
Same-store sales are expected to increase approximately 1.5 to 2.5 percent at Jack in the Box company restaurants. Same-store sales are expected to increase approximately 1.0 to 2.0 percent at Qdoba company restaurants. Overall commodity costs are expected to increase by approximately 2 to 3 percent for the full year.

For earnings history and earnings-related data on Jack in the Box, Inc. (JACK) click here.

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