With a two-year old dispute with franchisees resolved and restaurant profitability up, Jack in the Box is poised to start growing again, CEO Darin Harris told investors Thursday while discussing the San Diego-based quick-service chain’s performance in the fourth quarter, ended Sept. 27.

It was a good quarter. Same-store sales were up by 12.2%, the best performance since 1994, as average checks skyrocketed even as traffic declined.

The company’s net earnings were $37.85 million, or $1.65 per share, compared to $22.1 million, or 86 cents per share in the fourth quarter of 2019, on revenue of $255 million, up from $221.2 million.


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