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Jack in the Box Sees FY24 EPS $6.10-$6.25 Vs $6.30 Est.; Same Store Sales Of ~(1.0%); Del Taco Segment Guidance Same Store Sales Of ~(1.5%)

Author: Benzinga Newsdesk | August 06, 2024 04:04pm

Guidance & Outlook Updates

Based on the year to date actual results and updated assumptions for the remainder of the year, the company's updated expectations for the fiscal year ending September 29, 2024 include the following:

FY 2024 Company-wide Guidance

  • Adjusted EBITDA of $320-$325 million
  • Operating EPS of $6.10-$6.25
  • SG&A (excluding COLI gains/losses) of approximately $160 million

FY 2024 Jack in the Box Segment Guidance

  • Same Store Sales of approximately (1.0%)
  • Company-Owned Restaurant Level Margin of approximately 22%

FY 2024 Del Taco Segment Guidance

  • Same Store Sales of approximately (1.5%)
  • Company-Owned Restaurant Level Margin of approximately 14%

Posted In: JACK


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