Overview
- Fiscal Q4 EPS was $0.30 versus the $0.45 consensus, with revenue of $326.19 million that topped estimates but fell from $349.29 million a year earlier.
- Shares rose as much as 12% on Thursday after an initial premarket dip, as investors reacted to the guidance and turnaround framing.
- Management called fiscal 2026 a rebuilding year and highlighted the "Jack on Track" plan alongside preparations to divest Del Taco to reduce complexity and debt.
- The company guided to full-year same-store sales between a 1% decline and a 1% increase, alongside the EBITDA target range.
- Analysts cut price targets after the report, including TD Cowen to $16, Goldman Sachs to $15, Oppenheimer to $24, Truist to $16, and Stifel to $18, with ratings largely unchanged.