Franchise same-store sales fell 3.9% year-over-year, missing consensus estimates of a 2.5% decline.
Jack in the Box reported a 3.8% year-over-year decline in same-store sales for fiscal Q2, driven by weaker demand. Franchise same-store sales dropped 3.9%, worse than the 2.5% decline analysts expected, while company-operated locations saw a 2.8% decline versus a 1.8% consensus estimate.
The company attributed the soft performance to lower customer traffic and broader industry challenges. Prior-year same-store sales had shown modest growth, highlighting a sharp reversal in momentum. No immediate market reaction was disclosed in the report.