Benzinga | Aug 4, 2021 04:50PM EDT

Jack In The Box Sees 2021 CapEx $40M-$45M

The following guidance and underlying assumptions reflect the company's current expectations for the current fiscal year ending October 3, 2021 (which, this year, includes 53 weeks):

* 2021 CapEx of $40-45 million Previously stated at Investor Day on June 29, 2021 -- and does not include the Other Investments stated below which commence with our 2022 guidance

* 2021 G&A of $71-76 million Replaces previous % of system sales guidance, and excludes net COLI gains/losses

* 2021 Commodity outlook up 4-5% compared to 2020 Previous guidance was up 1-3%

* 2021 Labor Cost outlook up 7-8% compared to 2020 Previous guidance was up 5-6%

The Company will provide similar guidance measures for FY 2022 on its Q4 2021 earnings call.