What was the net loss/earnings for Jack In The Box in the fiscal year 2024?
Jack_In_The_Box Franchise · 2025 FDDAnswer from 2025 FDD Document
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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)
The following table provides information related to our operating segments in each period (in thousands):
| 2024 | 2023 | 2022 | ||
|---|---|---|---|---|
| Revenues by segment: | ||||
| Jack in the Box restaurant operations | $ | 1,197,420 | $ 1,195,311 | $ 1,151,188 |
| Del Taco restaurant operations | 373,886 | 496,995 | 316,895 | |
| Consolidated revenues | $ | 1,571,306 | $ 1,692,306 | $ 1,468,083 |
| Segment profit reconciliation: | _ | |||
| Jack in the Box segment profit | $ | 362,377 | $ 381,171 | $ 383,794 |
| Del Taco segment profit | 28,968 | 45,730 | 62,353 | |
| Shared services | (77,138) | (87,862) | (107,730) | |
| $ | 314,207 | $ 339,039 | $ 338,417 | |
| Depreciation and amortization | 59,776 | 62,287 | 56,100 | |
| Acquisition, integration and strategic initiatives | 15,631 | 9,112 | 20,081 | |
| Share-based compensation | 13,471 | 11,205 | 7,122 | |
| Net COLI (gains) losses | (14,390) | (5,953) | 9,911 | |
| Goodwill impairment | 162,624 | _ | ||
| Gains on the sale of company-operated restaurants | (3,255) | (17,998) | (3,878) | |
| Gains on acquisition of |
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 93–94)
What This Means (2025 FDD)
According to Jack In The Box's 2025 Franchise Disclosure Document, the earnings from operations for the fiscal year 2024 were $82,536,000. This figure represents the company's profitability from its core business activities before accounting for items such as interest, taxes, and other non-operating gains or losses.
This earning is calculated by subtracting various expenses from the company's revenues. These expenses include depreciation and amortization ($59,776,000), acquisition, integration, and strategic initiatives ($15,631,000), share-based compensation ($13,471,000), and goodwill impairment ($162,624,000). There were also gains on the sale of company-operated restaurants ($3,255,000) and gains on acquisition of restaurants ($2,702,000) that positively impacted the earnings.
For a prospective franchisee, this figure is an indicator of the overall financial health and operational efficiency of Jack In The Box. A positive earning from operations suggests that the company's business model is sustainable and capable of generating profit. However, it is essential to consider these earnings in conjunction with other financial metrics and qualitative factors to gain a comprehensive understanding of the franchise's investment potential.