Company: JACK
Filing Date: 2025-02-25
Form Type: 10-Q
Source: 0000807882-25-000016
Chunk: 4

Company: JACK IN THE BOX INC
Filing Date: 2025-02-25
Form: 10-Q
Item: Item 2
Chunk 4
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 believe is useful in analyzing the change in franchise operating results (dollars in thousands):

Sixteen Weeks EndedJanuary 19,2025January 21,2024Franchise rental revenues$105,781$105,578Royalties61,82561,323Franchise fees and other1,7902,020Franchise royalties and other63,61563,343Franchise contributions for advertising and other services67,91367,362Total franchise revenues$237,309$236,283Franchise occupancy expenses $67,916$65,188Franchise support and other costs3,3013,747Franchise advertising and other services expenses68,99269,893Total franchise costs$140,209$138,828Franchise costs as a percentage of total franchise revenues59.1%58.8%Average number of franchise restaurants2,0322,037% increase(0.2)%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