JACK IN THE BOX Reports Total Revenue of USD 396.9 Million for Fiscal Year Ending June 30 2023, Showing Slight Increase of 0.3%
August 18, 2023
☀️Earnings Overview
On August 9 2023, JACK IN THE BOX ($NASDAQ:JACK) reported total revenue of USD 396.9 million for the fiscal year ending June 30 2023, which was a 0.3% increase from the year prior. Net income for the same period was USD 29.2 million, a 10.0% increase.
Analysis
GoodWhale has examined the fundamentals of JACK IN THE BOX and has assigned it a Risk Rating of medium. This evaluation was based on several financial and business aspects such as liquidity, leverage, profitability, and efficiency. GoodWhale has also discovered 1 risk warning in the income sheet, though the details of this warning are only available to registered users of the GoodWhale website. Overall, JACK IN THE BOX is considered a medium risk investment, and those looking to add it to their portfolio should do their due diligence beforehand. Those interested in learning more about the risk warning in the income sheet should consider registering on the GoodWhale website. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for JACK. More…
| Total Revenues | Net Income | Net Margin |
| 1.72k | 154.79 | 7.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for JACK. More…
| Operations | Investing | Financing |
| 241.14 | 51.3 | -203.33 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for JACK. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.95k | 3.66k | -35.08 |
Key Ratios Snapshot
Some of the financial key ratios for JACK are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 20.4% | 9.9% | 17.8% |
| FCF Margin | ROE | ROA |
| 10.0% | -27.2% | 6.5% |
Peers
In the fast food industry, there is always competition between different companies. Two of the biggest competitors in this industry are Jack in the Box Inc. and Amrest Holdings SE. While both companies offer similar products, they have different strategies that they use to try to win over customers. For example, Jack in the Box Inc. focuses on offering a wide variety of food items, while Amrest Holdings SE focuses on providing a more personal dining experience. Ultimately, it is up to the customer to decide which company they prefer.
– Amrest Holdings SE ($LTS:0OGQ)
Amrest Holdings SE is a holding company that operates in the restaurant industry. It has a market cap of 4.01B as of 2022 and a return on equity of 14.44%. The company operates through two segments: restaurants and other. The restaurant segment includes the operation of restaurants, cafes, bars, and other food and beverage outlets. The other segment includes the operation of other businesses, such as the sale of food and beverage products, the provision of catering services, and the operation of hotels.
– Create Restaurants Holdings Inc ($TSE:3387)
Restaurants Holdings Inc is one of the world’s largest restaurant chains, with over 36,000 locations in over 100 countries. The company has a market cap of 191.66B as of 2022 and a ROE of 12.73%. The company operates in the quick service, casual dining, and fine dining segments and offers a variety of cuisines, including American, Chinese, Italian, Japanese, and Mexican.
– Mos Food Service Inc ($TSE:8153)
In 2022, Sysco’s market cap was $96.21 billion and its ROE was 5.34%. Sysco is a foodservice company that provides products and services to restaurants, hotels, healthcare facilities, and other customers worldwide. Sysco’s product offerings include fresh meat and seafood, produce, prepared food, and non-food items such as paper goods and cleaning supplies. The company also offers value-added services such as menu development, culinary training, and food safety consulting.
Summary
JACK IN THE BOX reported a slight increase of 0.3% in total revenue for the fiscal year ending June 30 2023, amounting to USD 396.9 million. Net income was up 10.0%, amounting to USD 29.2 million. Despite these positive financial results, the stock price moved down the same day.
This may be due to investors expecting more growth from the company or a lack of confidence in the long-term prospects of JACK IN THE BOX. Nonetheless, the company appears to have sound financials and investors may be able to take advantage of a good buying opportunity if JACK IN THE BOX’s stock price continues to remain low.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
