Jack In The Box, Inc.

NASDAQ:JACK   3:59:59 PM EDT
89.45
-0.24 (-0.27%)
Earnings Announcements, Mergers / Acquisitions

Jack In The Box To Acquire Del Taco, Combining Two Challenger Brands To Create Substantial Opportunities For Growth And Increased Profitability

Published: 12/06/2021 15:59 GMT
Jack In The Box, Inc. (JACK) - Jack in the Box to Acquire Del Taco, Combining Two Challenger Brands to Create Substantial Opportunities for Growth and Increased Profitability.
Jack in the Box Inc - Acquire Del Taco for $12.51 per Share in Cash in a Transaction Valued at Approximately $575 Million.
Jack in the Box Inc - Deal Expected to Be Immediately Accretive to Jack in Box Eps.
Jack in the Box - Estimates That Transaction Values Del Taco at a Synergy Adjusted Multiple of About 7.6x Trailing Twelve Months Adjusted EBITDA.
Jack in the Box Inc - Expects Combined Company to Realize Run-rate Strategic and Cost Synergies of Approximately $15 Million by End of Fiscal Year 2023.
Jack in the Box Inc - Intends to Finance Acquisition Through Issuance of Additional Securitization Notes.
Revenue is expected to be $347.45 Million
Adjusted EPS is expected to be $1.93

Next Quarter Revenue Guidance is expected to be $261.06 Million
Next Quarter EPS Guidance is expected to be $1.41

More details on our Analysts Page.