Filing Flows › Jack In the Box (JACK) › Q4 FY24
Jack In the Box (JACK) Q4 FY24 earnings results (fourth quarter fiscal 2024)
10-K filed Nov 21, 2024
Jack In the Box (JACK) reported revenue of $349M for the fourth quarter fiscal 2024 (Q4 FY24), -6% from a year earlier and -5% from the quarter before. Operating margin was 14.6%, net earnings $21.9M (6.3% of revenue).
Jack In the Box, Q4 FY24: revenue $349M (-6% year over year), operating margin 14.6%, net earnings $21.9M, operating cash flow $29.6M. The chart follows the revenue to costs, profit and cash.
| Q4 FY24 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $349M | -5% | -6% |
| Operating profit | $51.1M | — | -3% |
| Net earnings | $21.9M | — | +0.2% |
| Operating cash flow | $29.6M | -35% | -10% |
What changed
Revenue was $349.3M in Q4 FY24, down 6% year over year and down 5% from the previous quarter. Company restaurant sales was the largest line at 43% of revenue.
Operating profit was $51.1M, a 14.6% margin (up 0.5 points year over year). Total costs fell 7% while revenue fell 6%. Net earnings were $21.9M, roughly flat year over year. The effective tax rate was 29.2%.
Operating cash flow was $29.6M (down 10% year over year), 135% of net earnings. Non-cash charges added back $13.6M of depreciation and amortization and $2.5M of share-based compensation. Working capital and other items used $8.4M. Capital expenditures of $29.7M exceeded it, leaving free cash flow of −$153K.
Questions
What was Jack In the Box's revenue in the fourth quarter fiscal 2024?
Jack In the Box (JACK) reported revenue of $349M for the fourth quarter fiscal 2024 (Q4 FY24), -6% from a year earlier and -5% from the quarter before.
Was Jack In the Box profitable in the fourth quarter fiscal 2024?
Operating profit was $51.1M (14.6% of revenue) and net earnings $21.9M.
Source: Jack In the Box 10-K on SEC EDGAR.