Jack in the Box Reports Second Quarter FY 2021 Earnings
Jack in the Box reported financial results for the second quarter ended April 11, 2021 and provided fiscal year 2021 financial guidance.
Jack in the Box total revenues increased 19 percent to $257.2 million, compared to $216.2 million in the comparable period ended April 12, 2020, driven by 20.6 percent growth in system same-store sales. Company same-store sales increased 14.5 percent in the second quarter, reflecting average check growth of 19.9 percent and a 5.4 percent decrease in transactions. Franchise same-store sales increased 21.3 percent.
Net earnings more than tripled to $35.9 million, or $1.58 per diluted share, for the second quarter of fiscal 2021, compared with...
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