Company: JACK
Filing Date: 2025-02-25
Form Type: 10-Q
Source: 0000807882-25-000016
Chunk: 43

Company: JACK IN THE BOX INC
Filing Date: 2025-02-25
Form: 10-Q
Item: Item 1
Chunk 43
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.2)%Franchised restaurant sales$1,232,347$1,226,750Franchised restaurant AUVs$606$602Royalties as a percentage of total franchised restaurant sales5.0%5.0%

Franchise rental revenues increased $0.2 million, or 0.2% compared to the prior year primarily due to higher pass through property tax and common area maintenance (“CAM”) revenue of $1.8 million, partially offset by lower percentage rent of $1.7 million.

22

Franchise royalties and other increased $0.3 million, or 0.4% compared to the prior year primarily due to higher royalty income driven by higher sales.

Franchise contributions for advertising and other services revenues increased $0.6 million, or 0.8% compared to the prior year primarily due to higher marketing contributions of $0.2 million in connection with higher sales, as well as an increase in digital and technology fees of $0.2 million.

Franchise occupancy expenses, primarily rent, increased $2.7 million, or 4.2% compared to the prior year primarily due to higher pass through property tax expense and CAM costs of $1.8 million and operating lease costs.

Franchise support and other costs decreased $0.4 million, or 11.9% compared to the prior year.

Franchise advertising and other service expenses decreased $0.9 million, or 1.3% compared to the prior year primarily due to lower franchise IT support costs, partially offset by higher marketing and digital processing fees.

Del Taco Brand

Company Restaurant Operations

The following table presents company restaurant sales and costs as a percentage of the related sales (dollars in thousands):

Sixteen Weeks EndedJanuary 19, 2025January 21, 2024Company restaurant sales$67,651 $91,983 Company restaurant costs:Food and packaging$16,959 25.1 %$24,872 27.0 %Payroll and employee benefits$25,745 38.1 %$32,366 35.2 %Occupancy and other$15,606 23.1 %$20,394 22.2 %

Company restaurant sales decreased $24.3 million or 26.5% compared to the prior year primarily due to the refranchising of 60 company-operated restaurants since the first quarter of 2024 and decreases in same-store sales compared to the