Jack in the Box (JACK) Tops Q1 EPS by 17c, Comps Decline 0.2%

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Jack in the Box Inc. Reports First Quarter FY 2018 Earnings; Declares Quarterly Cash Dividend

February 21, 2018 4:05 PM EST

SAN DIEGO--(BUSINESS WIRE)-- Jack in the Box Inc. (NASDAQ: JACK) today reported financial results for the first quarter ended January 21, 2018, which reflect the following items:

Qdoba® results are included in discontinued operations for all periods presented; the impact of the Tax Cuts and Jobs Act (the "Tax Act"), including a one-time, non-cash charge as well as a lower statutory federal tax rate; implementation of an accounting change related to the tax treatment of stock-based compensation; and the reclassification... More