Company: JACK
Filing Date: 2025-02-25
Form Type: 10-Q
Source: 0000807882-25-000016
Chunk: 18

Company: JACK IN THE BOX INC
Filing Date: 2025-02-25
Form: 10-Q
Item: Item 1
Chunk 18
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01 par value, 175,000,000 shares authorized, 82,971,349 and 82,825,851 issued and outstanding, respectively829 828 Capital in excess of par value537,568 533,818 Retained earnings1,891,977 1,866,660 Accumulated other comprehensive loss(56,880)(57,475)Treasury stock, at cost, 64,120,270 and 63,996,399 shares, respectively(3,200,625)(3,195,629)Total stockholders’ deficit(827,131)(851,798)$2,773,904 $2,735,629 

See accompanying notes to condensed consolidated financial statements.

2

JACK IN THE BOX INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS

(In thousands, except per share data)

(Unaudited)

Sixteen Weeks EndedJanuary 19,2025January 21,2024Revenues:Company restaurant sales$201,406 $224,040 Franchise rental revenues116,546 113,196 Franchise royalties and other74,034 73,330 Franchise contributions for advertising and other services77,452 76,932 469,438 487,498 Operating costs and expenses, net:Food and packaging51,648 64,132 Payroll and employee benefits70,273 73,054 Occupancy and other39,146 42,053 Franchise occupancy expenses78,833 72,624 Franchise support and other costs5,198 5,194 Franchise advertising and other services expenses78,998 80,234 Selling, general and administrative expenses 50,672 46,365 Depreciation and amortization18,270 18,473 Pre-opening costs1,476 465 Other operating expenses, net3,519 5,170 (Gains) losses on the sale of company-operated restaurants(2,806)254 395,227 408,018 Earnings from operations74,211 79,480 Other pension and post-retirement expenses, net1,789 2,106 Interest expense, net24,425 24,486 Earnings before income taxes47,997 52,888 Income taxes14,311 14,205 Net earnings$33,686 $38,683