News

Jack in the Box sales lifted by breakfast, late-night dayparts

Qdoba's quarterly same-store sales 'better than expected.'

August 7, 2014

Jack in the Box Inc. reported its Q3 results this week, which included a 2.4-percent systemwide same-store sales increase at Jack in the Box restaurants. Both company-owned and franchised restaurants experienced the 2.4-percent increase, which was in line with expectations.

CEO Lenny Comma said in a news release that, in addition to "solid" same-store sales growth, the company also experienced margin expansion and lower overhead. Jack in the Box's sales increase was driven primarily by breakfast and late-night daypart growth.

Qdoba 'better than expected'

Jack in the Box's sister chain, Qdoba Mexican Grill, also experienced "better than expected" same-store sales growth of 7.5 percent systemwide (7.2 percent at company-owned units, and 7.7 percent at franchised locations).

"Qdoba's same-store sales in the third quarter increased 7.2 percent for company restaurants and 7.5 percent system-wide, our second consecutive quarter of growth in the 7 percent range. The top-line momentum continued with the Mango Mojo campaign, which followed our very successful Queso Bliss event in the prior quarter. In addition, the performance of our Qdoba company restaurants reflected less discounting, as well as double-digit growth in catering sales," Comma said.