Jack in the Box is trading 12.9% up in pre-market at $21.19 after third-quarter operating EPS of $0.96 exceeded expectations.

  • Revenue declined 1.8% to $257.7 million; same-store sales fell 1.1%, and restaurant-level margins narrowed to 17.6%.
  • Management maintained its low-single-digit same-store-sales decline outlook and projected adjusted EBITDA of $225 million to $230 million.
  • Management emphasized closures, refinancing, and operational stabilization.