Revenue: As of FY2026 Q3, the actual value is USD 257.66 M, missing the estimate of USD 264.59 M.

EPS: As of FY2026 Q3, the actual value is USD 1.03, beating the estimate of USD 0.8833.

EBIT: As of FY2026 Q3, the actual value is USD 51.54 M.

Revenue and Sales Performance

Jack in the Box Inc.’s total revenues decreased by 1.8% to $257.7 million for the third quarter ended July 5, 2026, compared to $262.4 million in the prior year quarter. Systemwide sales for the third quarter decreased by 1.4%. Jack in the Box same-store sales declined by 1.1% in the third quarter, with franchise same-store sales decreasing by 1.2% and company-owned same-store sales decreasing by 0.9%.

Profitability Metrics

Net earnings from continuing operations were $21.0 million for the third quarter of fiscal 2026, compared to $22.8 million in the prior year. Adjusted EBITDA was $61.2 million in the third quarter of fiscal 2026, up from $57.1 million in the prior year quarter. Restaurant-Level Margin was $17.0 million, or 17.6%, compared to $16.9 million, or 17.9%, a year ago. Franchise-Level Margin was $60.3 million, or 37.4%, a decrease from $66.2 million, or 39.3%, a year ago.

Operating Costs and Expenses

Selling, general and administrative (SG&A) expense for the third quarter was $17.0 million, a decrease of $3.5 million compared to the prior year quarter. Other operating income, net, was $3.1 million for the third quarter, a $7.6 million change compared to an expense of - $4.5 million in the prior year quarter. Interest expense, net, was $18.2 million for the third quarter of 2026, compared to $18.1 million in the prior year. Income tax expense was $12.3 million in the third quarter of 2026, up from $6.0 million in the prior year, with an effective tax rate of 36.9% compared to 20.9% in the prior year.

Cash Flow and Capital Allocation

Net cash flows provided by operating activities for the year-to-date period ended July 5, 2026, were $56.6 million, compared to $118.1 million in the prior year period. Purchases of property and equipment, representing capital expenditures, were $44.1 million year-to-date. During the third quarter, Jack in the Box Inc. prepaid $110.0 million of its existing Series 2019-1 Class A-2-II Notes. The company also completed the financing of $500 million of 2026-1 Class A-2 Notes. Cash and restricted cash at the end of the period were $71.8 million. The company did not repurchase any shares in the third quarter, with $175.0 million remaining under the Board-authorized stock buyback program.

Discontinued Operations

Losses from discontinued operations, net of taxes, were - $0.9 million for the third quarter of 2026, compared with - $0.8 million in the prior year quarter.

Operational Metrics – Restaurant Count

Jack in the Box restaurant count decreased by 13 net restaurants in the third quarter, with 4 new openings and 17 closures. The total restaurant count at the end of Q3 was 2,115.

Outlook / Guidance

For the fiscal year ending September 27, 2026, Jack in the Box Inc. expects a Jack in the Box restaurant count of approximately 2,100, including around 25 new openings and 50 to 60 closures, mostly franchise restaurants. The company projects Company-Owned Restaurant Level Margin to be approximately 16.5% and Franchise Level Margin to be approximately $265 million, with Adjusted EBITDA guided between $225 million and $230 million. A low single-digit same-store sales decline versus Fiscal Year 2025 is anticipated, with capital expenditures of $45 million to $55 million, and the company has discontinued its dividend and share repurchase program.