Jack in the Box reports Q4 operating EPS $1.09, consensus $1.15

Reports Q4 revenue $372.5M, consensus $372.48M. Same-store sales increased 3.9% in the fourth quarter of 2023, comprised of an increase in company-operated same-store sales of 4.4% and an increase in franchise same-store sales of 3.8%. Sales performance was driven by pricing, which was partially offset by decreases in transactions and menu mix. Systemwide sales for the fourth quarter increased 4.3%.