Jack In The Box Inc (NASDAQ:JACK) reported upbeat results for its second quarter.

Jack In The Box reported second-quarter FY23 sales growth of 22.8% year-on-year to $395.7 million, beating the consensus of $385.39 million. Adjusted EPS of $1.47 topped the consensus of $1.22.

Jack In The Box raised FY23 operating EPS guidance from $5.25 - $5.65 to $5.90 - $6.10 versus the consensus of $5.89.

Jack In The Box shares gained 0.3% to close at $95.56 on Wednesday.

These analysts made changes to their price targets on Jack In The Box following earnings announcement.

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