Jack In The Box Inc
Latest Jack In The Box Inc News and Updates
Why Chipotle Has A Lot Of Room For Unit Growth
Unit growth isn’t the only factor that drives revenue. A restaurant can keep adding more restaurants. Eventually, it can capture newer markets. This is what Chipotle is doing.
Can 2Q16 Results Drive McDonald’s Valuation Multiple Up?
Valuation multiple Investors should look at valuation multiples when deciding whether to enter or exit a stock. Valuation multiples are driven by perceived growth, risk and uncertainties, and investors’ willingness to pay for a stock. There are various multiples to evaluate a stock. In this article, we’ll use the PE (price-to-earnings) ratio due to its […]
How Will McDonald’s Expand Its EBIT Margins?
Wall Street analysts are expecting McDonald’s (MCD) to post EBIT of $2.1 billion in 3Q16. This represents an EBIT margin of 33.2% compared to 30.7% in 3Q15.
Will McDonald’s 2Q16 Earnings Beat Analysts’ Estimates?
So far in this series, we’ve discussed McDonald’s (MCD) estimated revenue, sources of revenue, and estimated EBIT (earnings before interest and tax) margins.
Which Fast Food Restaurants Do Analysts Favor?
Jack in the Box (JACK) and Restaurant Brands International (QSR) are analysts’ favorites among the companies we’ve reviewed in this series.
Can Investors Expect Momentum from McDonald’s 3Q16 Earnings?
McDonald’s (MCD) is scheduled to announce its 3Q16 results on October 21, 2016. As of October 13, 2016, it was trading at $115.40, a fall of 9.4% from July 25.
Can McDonald’s Beat Analysts’ Earnings Estimates Again in 3Q16?
In the last four quarters, McDonald’s has beaten analysts’ estimates. In 3Q16, analysts are expecting the company to post EPS of $1.48, a year-over-year rise of 6.1%.
What Is the Outlook for Shake Shack in 2016?
A New York–based fine casual restaurant chain, Shake Shack (SHAK) announced its 4Q15 results on March 7, 2016. SHAK reported an overall revenue of $51.1 million and earnings per share of $0.08.
Why Analysts Are Expecting Shake Shack to Rise over the Next 4 Quarters
For the next four quarters, analysts are expecting Shake Shack (SHAK) to post revenues of $427.9 million, which would be a 27.4% YoY (year-over-year) rise.
Will Success Continue for Jack in the Box?
Same-store sales at Jack in the Box’s company-operated restaurants are expected to grow 4%–6% in 3Q15 and 4.5%–5.5% for the year. Qdoba’s sales are expected to increase 6%–8%.
Why Did Wendy’s EBIT Margins Expand in 2Q16?
In 2Q16, Wendy’s posted EBIT of $71.7 million—an EBIT margin of 18.7% compared to 13.3% in 2Q15. Analysts expected the EBIT margin to be 16.7%.
Chipotle Delivers: It Brings Back Carnitas
On September 28, Chipotle’s management announced that it was able to resume serving carnitas in 90% of Chipotle’s restaurants.
Must-Know: McDonald’s Has Got Tough Competition
McDonald’s (MCD) competition includes large international and national food chains as well as regional and local retailers of food products.
What Do Analysts Recommend for Wendy’s?
With the expectation of a decline in Wendy’s same-store sales growth, investors are skeptical about the company’s future earnings.
Dunkin’ Donuts’ 3Q14 same-store sales dip in Korean market
The Korean market, which represents 45% of Dunkin’s International segment’s sales, dragged down the same-store sales. The company also closed stores in Korea and the Philippines during the quarter.
What Drove Jack in the Box’s Earnings in 3Q16?
In the last five quarters, Jack in the Box has beaten analysts’ estimates four times.
Why Shake Shack’s Analysts Expect Its Earnings to Rise
For 2Q17, analysts are expecting Shake Shack (SHAK) to post earnings per share of $0.16, which would be a growth of 14.3% over its EPS of $0.14 in 2Q16.
Did Wendy’s 2Q17 Earnings Impress Investors?
For 2Q17, Wendy’s (WEN) reported adjusted earnings per share of $0.15 on revenues of $320.3 million—50.0% higher YoY—but its revenue fell 16.3%.
Deflation, Sales Leverage Drove Wendy’s 1Q16 Earnings Margin
In 1Q16, Wendy’s Company (WEN) posted EBIT (earnings before interest and tax) of $63.8 million, which represented an EBIT margin of 16.9%.
Wall Street Bullish on Dave & Buster’s before Fiscal Q2 Results
Dave & Buster’s Entertainment (PLAY) is expected to report its fiscal second quarter of 2018 results on September 14.
Is McDonald’s a ‘Buy’ at These Levels?
Optimism about reopening the economy, fiscal stimulus packages, and progress in COVID-19 treatment led to a rise in McDonald’s stock price.
What to Expect from Jack in the Box’s Q2 Earnings
For the second quarter, analysts expect Jack in the Box to report revenue of $211.1 million—a fall of 2.1% from the second quarter of 2019.
Should You Avoid Shake Shack before Its Q1 Earnings?
As of April 30, Shake Shack was trading at $54.51. Despite the recent surge, the company is still trading 48.5% lower than its 52-week high of $105.84.
JACK Stock Soars after Company’s Operational Update
On Wednesday, Jack in the Box (NASDAQ:JACK) provided an update for its preliminary performance in the second quarter of fiscal 2020, which ended on April 12.
Has Shake Shack Reached Buying Levels for Investors?
Along with the global sell-off, the weak fourth-quarter sales and lower-than-expected 2020 guidance led to a fall in Shake Shack’s stock price.
What to Expect from Shake Shack’s Q4 Earnings
Shake Shack will report its fourth-quarter earnings on February 24. For the quarter, analysts expect the company’s revenue to rise in the double-digits.
Why Baskin-Robbins’ 3Q14 same-store sales were up in the US
Baskin-Robbins U.S. same-store sales grew 5.8% from 3.2% year-over-year. This was primarily driven by the company’s Plus Up promotion and by online cake sales. According to the company, the promotion in particular drove franchise profitability in 3Q14.
Why Dunkin’ Brands’ 3Q14 operating margins improved
Dunkin’ Brands reported $13.3 million in occupancy costs compared to $13.4 million in the corresponding quarter a year ago. This includes rental expenses related to the restaurant location, which do not fluctuate because the locations are leased for the long term at a fixed price.
What is the outlook for the restaurant industry?
In August, the Restaurant Performance Index stood at 101.9, an increase of 1% from July, which was its first gain in three months.
The Restaurant Industry: An Overview
More Americans are eating out, and they’re eating out more often. The restaurant industry’s share of the food dollar is 51%, up from 25% in 1955.
McDonald’s Beat Analysts’ Q1 Expectations
McDonald’s (MCD) posted its first-quarter earnings on April 30. The company posted an adjusted EPS of $1.78 on revenues of $4.96 billion.
Unit Growth to Drive Shake Shack’s Revenue in the First Quarter
For the first quarter of 2019, analysts expect Shake Shack (SHAK) to post revenue of $126.9 million.
Can Shake Shack Maintain Upward Momentum with Strong Q1 Results?
Shake Shack (SHAK) is scheduled to report its first-quarter earnings after the market closes on May 2.
Analysts Expect McDonald’s Revenue to Fall in Q1 2019
In the first quarter of 2019, analysts expect McDonald’s (MCD) revenue to fall 4.1% YoY (year-over-year) to $4.93 billion from $5.14 billion, likely due to its company-owned restaurant count falling.
Cowen Initiates Coverage on Wendy’s with an ‘Outperform’ Rating
On April 10, Cowen initiated coverage on Wendy’s (WEN) with an “outperform” recommendation and a price target of $21.0.
Why Investors Are Optimistic about Wendy’s Q4 Results
Wendy’s (WEN) is scheduled to post its fourth-quarter earnings results before the market opens on February 21.
What Analysts Expect from McDonald’s Revenue in 2019
In the first three quarters of 2018, McDonald’s (MCD) revenue fell 9.3% to $15.86 billion.
McDonald’s Stock Rallies on Strong Q3 2018 Earnings
McDonald’s (MCD) posted its third-quarter earnings on October 23. It reported adjusted EPS of $2.10 on revenues of $5.37 billion.
Can McDonald’s Stock Continue Its Upward Momentum?
At the end of October 5, McDonald’s (MCD) was trading at $166.57, a 4.8% rise since its second-quarter earnings on July 26.
Dave & Buster’s Stock Rose 7.9% on Second-Quarter Results
On September 14, Dave & Buster’s (PLAY) stock rose 7.9% in response to the company’s robust fiscal second-quarter results.
How Dave & Buster’s Stock Performed in 2018
As of September 5, Dave & Buster’s Entertainment (PLAY) stock has risen 4.5% YTD (year-to-date).
Why Did Kalinowski Upgrade McDonald’s?
On June 7, Kalinowski Equity Research upgraded McDonald’s (MCD) from “neutral” to “buy.” The firm set a price target of $191 for MCD stock.
Will McDonald’s 1Q18 Earnings Boost Its Stock Price?
McDonald’s is scheduled to announce its 1Q18 earnings before the market opens on April 30.
Why Stephens Downgraded McDonald’s
On April 16, 2018, Stephens downgraded McDonald’s (MCD) from “overweight” to “equal weight.”
Why McDonald’s EBIT Margin Expanded in 2018
McDonald’s (MCD) has posted EBIT (earnings before interest and tax) of ~$8.9 billion, which represents an EBIT margin of 38.8%.
Why McDonald’s Revenues Declined in 2017
In 2017, McDonald’s (MCD) posted revenues of ~$22.8 billion, which represents a fall of 7.3% from ~$24.6 billion in 2016.
How Shake Shack’s Valuation Compares with Peers
As of March 19, 2018, Shake Shack was trading at a forward EV-to-sales multiple of 3.1x compared to 3.6x at the beginning of 2017.
What Analysts Recommend for McDonald’s
Target price As of March 9, 2018, McDonald’s (MCD) was trading at $157.24. On the same day, analysts were expecting the company’s stock price to reach $187.11 in the next 12 months, which represents a return potential of 19.0%. The fear of customers opting for cheaper menu options with the introduction of McDonald’s new $1 $2 […]
Could McDonald’s Earnings Rise in 2018?
Expectations for 2018 Analysts expect McDonald’s (MCD) to post adjusted EPS (earnings per share) of $7.58 in 2018, which represents 13.6% growth from its EPS of $6.67 in 2017. EBIT (earnings before interest and tax) margin expansion, a lower effective tax rate, and share repurchases are expected to drive the company’s EPS in 2018. In 2018, […]
What Analysts Expect for McDonald’s Revenue in 2018
Revenue expectations In 2018, analysts expect McDonald’s (MCD) to post revenue of $21.1 billion, which represents a fall of 7.7% from its revenue of $22.8 billion in 2017. As part of its optimizing strategy, McDonald’s has been refranchising its company-owned restaurants. The refranchising is expected to lower the company’s revenue in 2018. However, some of […]
Has McDonald’s Stock Price Bottomed Out?
In this series, we’ll look at analysts’ revenue and earnings estimates for McDonald’s in the next four quarters.
Analyst Recommendations for Wendy’s after Its 4Q17 Earnings
As of February 23, 2018, Wendy’s (WEN) was trading at $16.88.
How Wendy’s Valuation Multiple Compares to Its Peers
The initiatives taken by Wendy’s management to drive SSSG appear to have led to a rise in WEN stock and a higher valuation multiple.
Why Wendy’s Missed Analysts’ Earnings Estimate in 4Q17
In 4Q17, Wendy’s (WEN) posted EPS of $0.64. After removing one-time or special items, its adjusted EPS was $0.11.
Why Wendy’s Earnings Margin Expanded in 4Q17
In 4Q17, Wendy’s (WEN) posted EBIT of $70.6 million, which represents an EBIT margin of 22.8%.
What Drove Wendy’s Same-Store Sales Growth in 4Q17?
Wendy’s (WEN) posted SSSG (same-store sales growth) of 1.3% in the North American region compared to 0.8% in 4Q16.
Wendy’s Revenue and Analysts’ Estimate for 4Q17
In 4Q17, Wendy’s (WEN) posted revenue of $309.3 million, which represents a fall of 0.2% from $309.9 million in 4Q16.
Why Wendy’s Stock Rose after 4Q17 Earnings Release
Wendy’s (WEN) posted its 4Q17 earnings on February 21, with adjusted EPS of $0.11and revenues of $309.3 million.
How Shake Shack’s Valuation Multiple Compares with Its Peers
On February 16, 2018, Shake Shack was trading at a forward-EV-to-sales multiple of ~2.9x.
What Drove McDonald’s Revenue in 4Q17?
During the quarter, McDonald’s (MCD) posted revenue of $5.34 billion, which represents a decline in revenue of 11.4% from $6.03 billion in 4Q16. Analysts were expecting the company to post revenue of $5.23 billion.
What’s Driving Wendy’s Stock Price
In this series, we’ll look at analysts’ earnings and revenue estimates for the next four quarters. We’ll also review Wendy’s valuation and analysts’ recommendations.
Shake Shack Stock Falls on Downgrade from Jefferies
The downgrade of Shake Shack (SHAK) to “underperform” by Jefferies appears to have made investors skeptical of the company’s future earnings, leading to a fall in its stock price.
How Fast Food Restaurants Are Expanding Their Businesses
During the last four quarters, Burger King, operating under Restaurant Brands International (QSR), has increased its unit count by 1,010, from 15,243 to 16,253.
Qdoba Sale Boosts Jack in the Box’s Stock
Compared to the Jack in the Box brand, Qdoba’s SSSG (same-store sales growth) has been on the lower side in recent quarters and has been a drag on Jack in the Box’s (JACK) top line.
Why Jack in the Box Is Selling Qdoba to Apollo Global
On December 19, 2017, Jack in the Box (JACK) entered a definitive agreement with Apollo Global Management to sell subsidiary Qdoba Mexican Eats for approximately $305 million.
Why McDonald’s Is Trading Close to Its 52-Week High
As of November 30, McDonald’s (MCD) hit a new 52-week high of $173.17 and closed the day at $171.97, which represents a rise of 5.3% since the announcement of its 3Q17 earnings on October 24.
Comparing Shake Shack’s Valuation
Valuation multiples Shake Shack (SHAK) is in the growth phase of its business life cycle. During this stage, the company’s operating expenses will be on the higher side, and earnings cannot be used to assess its valuation. Therefore, we’ll use the forward EV[1.enterprise value]-to-sales multiple, which is calculated by dividing the company’s stock price by analysts’ sales […]
Why Shake Shack’s 3Q17 Earnings Failed to Impress Investors
Shake Shack (SHAK), which posted its 3Q17 earnings results after the market closed on November 1, 2017, had adjusted EPS (earnings per share) of $0.17.
McDonald’s Valuation Multiple Compared to Its Peers
As of October 25, 2017, McDonald’s was trading at a forward PE multiple of 23.66x compared to 23.57x before the announcement of 3Q17 earnings.
How the Valuation Multiple of Shake Shack Compares with Its Peers
On October 23, 2017, Shake Shack was trading at a forward EV-to-sales multiple of 2.93x compared to 2.91x before the announcement of its 2Q17 earnings.
How Fast Food Restaurants’ Valuation Multiples Stack Up
Wendy’s (WEN) has been trading above its peers’ valuation multiple.
A Look at Fast Food Restaurants’ Dividend Policies
During the quarter, McDonald’s (MCD) paid dividends of $0.94 per share at a yield of 2.4% and a payout ratio of 58.3%.
Jack in the Box Stock Rose despite Weak Fiscal 3Q17 Earnings
Jack in the Box (JACK) posted its fiscal 3Q17 earnings results on August 9. The company posted adjusted EPS (earnings per share) of $0.99 on revenues of $357.8 million.
Weak Q2 Same-Store Sales Growth Lowers Shake Shack’s Valuation
As Shake Shack (SHAK) is in the growth phase of its business life cycle, we chose the forward EV-to-sales (enterprise value to sales) ratio for our analysis.
Why Shake Shack’s 2Q17 Earnings Failed to Impress
The New York–based fast-casual restaurant chain Shake Shack (SHAK) posted its 2Q17 earnings on August 3. Here’s what you need to know since then.
What Analysts Are Recommending for Wendy’s ahead of 2Q17 Earnings
As of August 3, 2017, analysts are expecting Wendy’s stock price to reach $16.52, which represents an increase of 7.7% from $15.34.
How Does Wendy’s Valuation Multiple Compare with Peers?
Although the stock price of Wendy’s has risen since the announcement of its 1Q17 earnings, its forward PE multiple has fallen.
Will Wendy’s 2Q17 Earnings Boost Its Stock Price?
Wendy’s (WEN) is all set to announce its 2Q17 earnings before the market opens on August 9, 2017.
McDonald’s: Investors Are Optimistic before Its 2Q17 Earnings
McDonald’s will announce its 2Q17 earnings before the market opens on July 25. Its stock price has risen 15.5% since its 1Q17 earnings were announced.
Analyzing McDonald’s Valuation Multiple
As of May 24, 2017, McDonald’s was trading at a PE multiple of 22.6x—compared to 21.3x before the announcement of its 1Q17 earnings.
What’s Driving McDonald’s Stock Price?
Since the announcement of its 1Q17 earnings on April 25, 2017, McDonald’s stock has risen 10.1%. As of May 23, 2017, the company was trading at $147.82.
How JACK’s Valuation Multiple Compares with Its Peers
For the next four quarters, analysts are expecting JACK to post EPS growth of 9.4%.
Here’s What Just Boosted McDonald’s Stock Price
McDonald’s posted its 1Q17 results on April 25, reporting EPS of $1.47 and revenues of $5.68 billion. Its EPS rose 19.4% on a YoY, and its revenue fell 3.9%.
Where McDonald’s Valuation Multiple Stands Next to Peers
As of April 19, 2017, McDonald’s was trading at a PE multiple of 21.1x, as compared to 19.9x before the announcement of its 4Q16 earnings.
Why Domino’s Dividend Policy Is Important
In 2016, Domino’s Pizza (DPZ) paid dividends of $1.52—growth of 22.5% from $1.24 in 2015. In 2017, analysts expect its dividends to rise 7.9% to $1.64.
Why Are Investors Confident of Wendy’s ahead of Its 4Q16 Earnings?
Strong 3Q16 earnings and its raised 2016 EPS guidance appear to have increased investor confidence in Wendy’s.
Why Are Analysts Favoring ‘Hold’ Recommendations for McDonald’s?
On January 24, 2017, McDonald’s (MCD) was trading at $121.05. This share price may have already factored in the estimates we’ve discussed in this series.
Why Analysts Expect McDonald’s Revenue to Fall in 4Q16
Sources of revenue McDonald’s (MCD) earns its revenue from company-operated restaurant sales and royalty and license fees collected from its franchisees. In 3Q16, the company earned 61.8% of its revenue from company-owned restaurant sales, while the remaining 38.2% came from franchisees. 4Q16 estimates Analysts are expecting McDonald’s to post revenue of $6.0 billion, which represents […]
Will McDonald’s 4Q16 Earnings Boost Its Stock Price?
Illinois-based hamburger giant McDonald’s (MCD) is scheduled to announce its 4Q16 results before the market opens on January 23, 2016. This pre-earnings release series will explore what we can expect from McDonald’s 4Q16 results.
What Do Analysts Expect from JACK’s Revenue in Fiscal 2017?
JACK earns its revenue from company-operated restaurant sales, franchise fees, and royalties collected from franchisees for its Jack in the Box and Qdoba Mexican Eats brands.
Other Factors That Affect Restaurant Stock Prices
Robust growth in the restaurant industry has led to high expectations from investors. These expectations have, in turn, led to rich valuations in the sector.
Strong 4Q16 Earnings Drive Up Jack in the Box’s PE Multiple
The measures adopted by JACK to improve same-store sales growth and reduce SG&A expenses have prompted analysts to raise their EPS estimates for the next four quarters.
EBIT Expansion Drove Jack in the Box’s Earnings in 4Q16
In fiscal 4Q16, JACK posted adjusted EPS of $1.03, which is a rise of 41.3% from $0.90 in 4Q15. EPS was driven by revenue growth.
What Drove Jack in the Box’s Same-Store Sales Growth in 4Q16?
The Jack in the Box brand posted a systemwide SSSG of 2.0%. Company-owned restaurants posted SSSG of 0.50%, and franchised restaurants posted SSSG of 2.4%.
What Drove Jack in the Box’s Revenue in Fiscal 4Q16?
Jack in the Box (JACK) earns its revenue from company-operated restaurant sales, franchise fees, and royalties collected from franchisees from the Jack in the Box and Qdoba Mexican Eats brands.
How Does JACK’s Valuation Multiple Compare to Its Peers?
As of November 15, Jack in the Box was trading at forward PE multiple of 21.3x—compared to 18.5x before its fiscal 3Q16 earnings.
How Does Wendy’s Valuation Multiple Compare to Its Peers?
For the next four quarters, analysts are expecting Wendy’s to post EPS growth of $0.40, which represents a decline of 4.2% from the corresponding quarters of the previous year.
McDonald’s Share Price Rose on Positive 3Q16 Earnings
McDonald’s (MCD) reported its 3Q16 results on October 21, 2016. The company posted adjusted EPS (earnings per share) of $1.62 on revenue of $6.4 billion.
Chorizo Is Now Available at All Chipotle Restaurants
On October 3, 2016, Chipotle Mexican Grill (CMG) announced that chorizo would be available in all its US restaurants as of October 4, 2016.
How Investors Reacted to the Launch of JACK’s New Brunchfast Menu
To counter McDonald’s (MCD) all-day breakfast promotion, Jack in the Box (JACK) launched its new all-day “brunchfast” menu on September 28, 2016.
