Similar companies
Company | Revenue | |
---|---|---|
No data for previous quarter available yet. |
Income Statement (USD)
Q1 '24 | QoQ | |
---|---|---|
Revenue | 487M | 22.8% |
Gross Profit | 303M | 32.1% |
Cost of Revenue | 185M | 10.1% |
Operating expense | 49M | 8.5% |
Net Income | 39M | 32.6% |
Balance Sheet (USD)
Q1 '24 | QoQ | |
---|---|---|
Total Assets | 2.89B | 2.2% |
Total Liabilities | 3.6B | 1.7% |
Shares Outstanding | 20M | 2.9% |
Cash Flow (USD)
Q1 '24 | QoQ | |
---|---|---|
Cash from operations | -23M | 125.8% |
Cash from investing | -37M | 332.1% |
Cash from financing | -44M | 0.9% |
EPS
Financial Highlights for Jack in the Box in Q1 '24
Jack in the Box reported a revenue of 487M, which is a 22.8% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 303M, marking a 32.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 185M, a 10.1% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 49M, showing a 8.5% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 39M, showing a 32.6% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
It was a positive quarter for Jack in the Box with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.