On Nov. 21, Jack in the Box
- The sales increased 11.7% to $670.7 million powered by improvements in guest-service execution, which contributed to an increase in both average check and transactions.
- The company sold 25 restaurants in Hawaii to a new franchisee. The gain on sale contributed $0.25 in EPS.
- The company will make a modified "Dutch auction" tender offer for up to 5.5 million shares of its outstanding common stock at a price per share not less than $55 and not greater than $61.
(Figures in millions, except per-share data)
Income Statement Highlights
|
Q4 2006 |
Q4 2005 |
Change |
|
|---|---|---|---|
|
Sales |
$670.7 |
$600.5 |
11.7% |
|
Net Profit |
$33.2 |
$21.5 |
54% |
|
EPS |
$0.92 |
$0.59 |
55.9% |
|
Diluted Shares |
36.2 |
36.4 |
(0.5%) |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q4 2006 |
Q4 2005 |
Change* |
|
|---|---|---|---|
|
Restaurant Margins** |
19.2% |
17.2% |
2.0 |
|
Operating Margin |
8.2% |
5.9% |
2.3 |
|
Net Margin |
5% |
3.6% |
1.4 |
**Includes gain on sale of assets.
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$233.9 |
$103.7 |
125.5% |
|
Accounts Rec. |
$30.9 |
$21.2 |
45.4% |
|
Inventory |
$41.2 |
$40.0 |
3% |
|
Liabilities |
Q4 2006 |
Q4 2005 |
Change |
|---|---|---|---|
|
Other Current Liabilities |
$301.4 |
$267.5 |
12.7% |
|
Long-Term Debt |
$291.8 |
$298.0 |
(2.1%) |
Learn the ways of the balance sheet.
Cash Flow Highlights
|
YTD 2006 |
YTD 2005 |
Change |
|
|---|---|---|---|
|
Cash From Ops. |
No Data |
No Data |
N/A |
|
Capital Expenditures |
$152.0 |
$127.0 |
19.7% |
|
Free Cash Flow |
No Data |
No Data |
N/A |
We appreciate the capex data, but it's not enough to get a good look at the cash flows.
Find out why Fools always follow the money.
Related Companies:
-
Cheesecake Factory
(NASDAQ:CAKE) -
Burger King Corporation
(NYSE:BKC) -
OSI Restaurant Partners
(NYSE:OSI) -
Chipotle Mexican Grill
(NYSE:CMG)
Related Foolishness:
- Jack in the Box's Record Highs
- Foolish Forecast: Jack Is Hopping
- Jack Blows The Street Away: Fool by Numbers
- Jack Is Out of the Box
OSI Restaurant Partners is an Inside Value recommendation. For more information on companies with great growth opportunities, try out the newsletter free for 30 days.
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