Jack in the Box (JACK) Misses Q4 EPS by 8c, Offers FY19 Guiance
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Jack in the Box Inc. Reports Fourth Quarter FY 2018 Earnings; Issues Guidance for FY 2019; Declares Quarterly Cash Dividend; Increases Share Repurchase Authorization
November 19, 2018 4:05 PM ESTSAN DIEGO--(BUSINESS WIRE)-- Jack in the Box Inc. (NASDAQ: JACK) today reported financial results for the fourth quarter and fiscal year ended September30, 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 $18.3 million, or $0.68 per diluted share, for the fourth quarter of fiscal 2018 compared with $31.3 million, or $1.05 per diluted share, for the fourth quarter of fiscal 2017. Fiscal 2018 earnings from continuing operations totaled $104.3 million, or $3.62 per diluted share, compared with $128.6 million, or $4.16 per diluted share... More
