Jack in the Box Inc. reported increased earnings of $126.3 million in fiscal year 2016 compared to $112.6 million in fiscal year 2015.
The San Diego-based corporation said earnings in its fourth quarter, which ended Oct. 2, totaled $32.6 million, or 98 cents per share, on revenue of $300.6 million, up from $23.8 million, or 65 percent per share, on $265.4 million revenue in the same quarter of 2015.
Of that, Jack in the Box attributed 9 cents per share to the fourth quarter of 2016’s extra week compared to 2015; the fourth quarter of the prior fiscal year had 12 weeks while this year’s had 13.
The company also announced that on Nov. 17 its board of directors declared a quarterly cash dividend of 40 cents per share payable on Dec. 16 to shareholders of record as of Dec. 5.
Jack in the Box is one of San Diego’s largest public corporations, with a market cap of $3.52 billion.
