On May 16, Jack in the Box
- Sales increased 6.8%, with comparable-store sales jumping 6.4%. New menu items have proven quite appetizing.
- The company repurchased 3.2 million shares of its common stock at a total cost of $220 million.
- For the third quarter, Jack in the Box expects diluted earnings per share of $0.85 to $0.89 and same-store sales growth of 5% to 6%. It also increased its full-year guidance to $3.45 to $3.50 per diluted share.
(Figures in millions, except per-share data.)
Income Statement Highlights
|
Q2 2007 |
Q2 2006 |
Change |
|
|---|---|---|---|
|
Sales |
$660.7 |
$618.8 |
6.8% |
|
Net Profit |
$27.2 |
$21.8 |
24.9% |
|
EPS |
$0.80 |
$0.61 |
31.1% |
|
Diluted Shares |
33.9 |
35.7 |
(4.9%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q2 2007 |
Q2 2006 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
69.0% |
68.9% |
0.1 |
|
Operating Margin |
7.3% |
6.1% |
1.1 |
|
Net Margin |
4.1% |
3.5% |
0.6 |
*Expressed in percentage points
Margins are the earnings engine.
Balance Sheet Highlights
|
Assets |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$77.1 |
$159.1 |
(51.5%) |
|
Accounts Rec. |
$42.9 |
$27.2 |
57.8% |
|
Inventory |
$45.5 |
$39.8 |
14.3% |
|
Liabilities |
Q2 2007 |
Q2 2006 |
Change |
|---|---|---|---|
|
Other Current Liabilities |
$269.4 |
$264.5 |
1.9% |
|
Long-Term Debt |
$429.9 |
$285.9 |
50.4% |
The balance sheet reflects the company's health.
Cash Flow Highlights
It looks like somebody ate the cash flow statement.
Free cash flow is a Fool's best friend.
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Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean. This data has been provided by Netscribes. To provide feedback on this article, please click on the "feedback" button below.
