Jack in the Box Q2 EPS Beats, Revenue Misses

Jack in the Box reported Q2 adjusted EPS $0.76 vs estimate $0.75, while revenue $254.3M missed consensus $257.63M.
Same-store sales fell 3.8% YoY, total revenue down 4.3% to $254.3M, driven by lower transactions despite price hikes.
Restaurant-level margin dropped to $15.5M (16.4%) from 19.6% YoY; franchise margin fell to $60.5M (37.9%) from $68.3M.
FY2026 guidance revised to low single-digit same-store sales decline, adjusted EBITDA $225‑$235M, franchise margin $265‑$275M; ~20 new openings, 50‑100 closures planned.