Jack in the Box (JACK) Announces Additional $200M Buyback

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Jack in the Box Inc. Reports Second Quarter FY 2018 Earnings

May 16, 2018 4:05 PM EDT

Updates Guidance for FY 2018; Declares Quarterly Cash Dividend;
Announces Additional $200 Million Share Repurchase Authorization

SAN DIEGO--(BUSINESS WIRE)-- Jack in the Box Inc. (NASDAQ: JACK) today reported financial results for the second quarter ended April 15, 2018.

The company completed the sale of Qdoba Restaurant Corporation ("Qdoba") on March 21, 2018. Qdoba® results are included in discontinued operations for all periods presented.

Earnings from continuing operations were $25.0 million, or $0.85 per diluted share, for the second quarter of fiscal 2018 compared with $31.4 million, or $1.01 per diluted share, for the second quarter of... More