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Jack in the Box (JACK) Tops Q4 EPS by 1c; Comps Rose 1.1%

November 18, 2014 4:04 PM

Jack in the Box (Nasdaq: JACK) reported Q4 EPS of $0.54, $0.01 better than the analyst estimate of $0.53. Revenue for the quarter came in at $344.7 million versus the consensus estimate of $342.3 million.

Jack in the Box company same-store sales increased 3.1 percent. Qdoba’s same-store sales in the fourth quarter increased 7.1 percent.

Jack in the Box sees FY2015 EPS of $2.73 - $2.88, versus the consensus of $2.81. 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 6.0 to 8.0 percent at Qdoba company restaurants.

Lenny Comma, chairman and chief executive officer, said, “Operating earnings per share for the fourth quarter increased 20 percent, driven by better than expected same-store sales growth at Qdoba Mexican Grill® and Jack in the Box®, margin expansion, and a 10 percent reduction in our diluted share count as we continued to use our growing free cash flow to return cash to shareholders. This performance capped a terrific year, with operating earnings per share up approximately 35 percent, the third consecutive year of growth in excess of 30 percent.”

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

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Earnings Guidance Management Comments Retail Sales

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