Company: JACK
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000807882-25-000043
Chunk: 32

Company: JACK IN THE BOX INC
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 32
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15, 2026, and interim reporting periods beginning after December 15, 2027. Early adoption is permitted. ASU 2024-03 should be applied prospectively to financial statements issued for reporting periods beginning after the effective date but entities may elect to apply the ASU retrospectively to any or all prior periods presented in the financial statements. The Company is currently evaluating the impact of this guidance on its consolidated financial statements.

2.REVENUE

Nature of products and services — The Company derives revenue from retail sales at Jack in the Box and Del Taco company-operated restaurants and rental revenue, royalties, advertising, and franchise and other fees from franchise-operated restaurants.Our franchise arrangements generally provide for an initial franchise fee per restaurant for a 20-year term, and generally require that franchisees pay royalty and marketing fees based upon a percentage of gross sales. The agreements also require franchisees to pay technology fees, as well as sourcing fees for franchise agreements for both brands.

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JACK IN THE BOX INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

Disaggregation of revenue — The following table disaggregates revenue by segment and primary source for the periods ended July 6, 2025 (in thousands):QuarterYear-to-dateJack in the BoxDel TacoTotalJack in the BoxDel TacoTotalCompany restaurant sales$94,112 $46,819 $140,931 $322,962 $161,867 $484,829 Franchise rental revenues76,538 8,589 85,127 260,254 27,726 287,980 Franchise royalties43,078 7,469 50,547 148,208 25,054 173,262 Marketing fees43,011 6,465 49,476 147,611 21,398 169,009 Technology and sourcing fees4,136 548 4,684 14,396 2,165 16,561 Franchise fees and other services1,526 696 2,222 5,765 1,715 7,480 Total revenue$262,401 $70,586 $332,987 $899,196 $239,925 $1,139,121 The following table disaggregates revenue by segment and primary source for the periods ended July 7, 2024 (in thousands):