Financial

Increased system-wide same-store net sales by 21% in December

Total restaurant sales increased 29.2% to $397.6 million (including $73.6 million in restaurant sales from the restaurants acquired in the Cambridge acquisition completed in the second quarter of 2019) from $307.8 million in the prior year quarter

Comparable restaurant revenue increased 1.3%; Comparable restaurant guest counts decreased 3.4%

STK Same Store Sales for Fourth Quarter Increase 9% – Kona Grill Same Store Sales for Fourth Quarter Increase 4%

Total revenues for the 13-weeks ended September 28, 2019 were $41,688,000 versus $40,562,000 for the 13-weeks ended September 29, 2018. The 13-weeks ended September 28, 2019 includes revenues of $2,141,000 related to JB’s on the Beach in Deerfield Beach, FL which was acquired on May 15, 2019. The 13-weeks ended September 29, 2018 includes revenues of $906,000 related to Durgin-Park which was closed January 12, 2019.

Total Revenues increased 7.0% to $28.8 million for the quarter and 11.2% to $110.8 million for the year

Jack in the Box system same-store sales increased 3.0 percent in the fourth quarter. Company same-store sales increased 3.5 percent, driven by average check growth of 2.8 percent and transaction growth of 0.7 percent.

Total revenue decreased by $0.1 million to $2.9 million for the first quarter of fiscal 2020 compared to the same period of the prior year.

Net sales for the third quarter of 2019 were $56,867,000 compared to $56,730,000 reported in the third quarter of 2018.

Comparable venue sales declined 0.9% in the third quarter of 2019 compared to the third quarter of 2018. For the third quarter of 2019, total revenues decreased $3.3 million, or 1.5%, to $217.6 million, compared to $220.9 million in the third quarter of 2018.