Jack in the Box Inc. provided earnings guidance for the fiscal year ending October 1, 2023. For the year, the company expects operating EPS to be between $5.25 to $5.65, includes Unique and One-time Items of Note. $0.08 negative impact associated with the reduction in rental revenue from real estate sales (additional detail below in Real Estate Sales section).

$0.22 negative impact associated with store-level technology investments (additional detail below in Franchise Level Margin section). As mentioned within Capital Allocation section, the company plans to execute up to $50 million in share repurchases in the fiscal year 2023. Excludes any dilutive impact from refranchising Del Taco restaurants, and the company will provide updates throughout the year as this initiative progresses.

The company expects Same Store Sales of Low Single Digits for both Jack in the Box and Del Taco.