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Stocks in Motion: Jack in the Box

The fast-food operator posts better-than-expected earnings and backs its guidance.

Shares of

Dress Barn


were among


winners Wednesday, climbing 20% after the women's clothing retailer posted first-quarter results that blew past Wall Street earnings estimates and also lifted its fiscal 2006 earnings forecast.

For the quarter ended Oct. 29, the company earned $20.4 million, or 64 cents a share, on sales of $318.9 million. Analysts polled by Thomson First Call expected earnings of 40 cents a share. During last year's first quarter, Dress Barn earned $7.1 million, or 24 cents a share, on sales of $197.1 million. "We are extremely pleased with our record first-quarter results and are proud that both Dress Barn and Maurices contributed significantly to our success in the quarter. Our ability to exceed our internal plan was a result of several key factors," the company said, citing on-trend merchandise assortments.

Dress Barn now sees earnings of $1.90 to $1.95 a share for the fiscal year ending July 29, up from its previous guidance of $1.60 to $1.65 a share. The forecast includes stock-options expense charges of about 8 cents a share. Analysts, on average, anticipate earnings of $1.65 a share. Dress Barn shares were trading up $5.60 to $34.20.

Jack in the Box


jumped 7% after the fast-food restaurant company posted better-than-expected fourth-quarter earnings and reiterated its first-quarter earnings forecast. The company earned $21.5 million, or 59 cents a share, on sales of $601.4 million, for the quarter ended Oct. 2. The results included a charge of $2 million, or 5 cents a share, related to the cancellation of the company's test of a fast-casual concept called JBX Grill. Analysts expected earnings of 59 cents a share and sales of $606 million. In last year's fourth quarter, the company earned $21 million, or 56 cents a share, on sales of $593.9 million. Last year's results benefited from an extra week, which contributed 3 cents to the bottom line.

Jack in the Box continues to expect first-quarter earnings of 67 cents to 69 cents a share, including 4 cents a share related to the stock options expensing. Analysts predict earnings of 69 cents a share. Jack in the Box shares were up $2.20 to $35.83.

Shares of

Smithfield Foods


fell 2% after the pork products company posted second-quarter earnings that fell just below expectations. The company earned $51.6 million, or 46 cents a share, included restructuring charges totaling 9 cents a share. Smithfield posted sales of $2.9 billion. Analysts expected earnings of 56 cents a share on sales of $2.87 billion. The company earned $58.4 million, or 52 cents a share, on sales of $2.72 billion, a year ago. Last year's results included pretax charges of $8.3 million, or 5 cents a share. Shares traded down 74 cents to $29.25.

TheStreet Recommends


(DCI) - Get Donaldson Company, Inc. Report

rose 3% after the maker of filtration systems posted first-quarter earnings that topped forecasts. The company earned $32.2 million, or 37 cents a share, up from $27.4 million, or 31 cents a share, a year earlier. Analysts projected earnings of 34 cents a share. Sales rose to $403.4 million, from $372.9 million a year ago, but were slightly below Wall Street's target of $409.5 million.

Donaldson sees full-year earnings of $1.47 to $1.57 a share, in line with the $1.51 a share that analysts expect. Shares were trading up 87 cents to $32.47.

Shares of

Genworth Financial

(GNW) - Get Genworth Financial, Inc. Class A Report

rose 1.2% after Standard & Poor's said it plans to add the insurance company to its

S&P 500

index after the close of trading on Thursday. Genworth will replace



, which had a market capitalization of about $307 million on Tuesday, ranking it 500th in the index.



(GE) - Get General Electric Company (GE) Report

said it plans to offer 38 million Genworth shares so it can meet the expected demand for the company's stock following its addition to the S&P 500. Shares of Genworth were trading up 41 cents to $34.41.


volume leaders included

Lucent Technologies


, down 3 cents to $2.80;

Nortel Networks


, down 8 cents to $2.76;


(PFE) - Get Pfizer Inc. Report

, down 12 cents to $21.35;

General Electric

(GE) - Get General Electric Company (GE) Report

, up 10 cents to $36.03;

Exxon Mobil

(XOM) - Get Exxon Mobil Corporation Report

, up 25 cents to $58.59; and

Time Warner


, up 10 cents to $17.97.

Nasdaq volume leaders included



, up 2 cents to $40.21;


(INTC) - Get Intel Corporation (INTC) Report

, down 2 cents to $26.76;

Cisco Systems

(CSCO) - Get Cisco Systems, Inc. Report

, up 12 cents to $17.63;

BioCryst Pharmaceuticals

(BCRX) - Get BioCryst Pharmaceuticals, Inc. Report

, up $3.16 to $14.97;


(MSFT) - Get Microsoft Corporation (MSFT) Report

, up 1 cent to $27.69;


(ORCL) - Get Oracle Corporation Report

, up 3 cents to $12.76;

Sun Microsystems

(SUNW) - Get Sunworks, Inc. Report

, up 1 cent to $3.90;



, up 2 cents to $2.37;


(GOOG) - Get Alphabet Inc. Class C Report

, down 48 cents to $403.06;

Apple Computer

(AAPL) - Get Apple Inc. (AAPL) Report

, down 28 cents to $67.82;

Sirius Satellite Radio

(SIRI) - Get Sirius XM Holdings, Inc. Report

, down 1 cent to $7.11; and


(DELL) - Get Dell Technologies Inc Class C Report

, up 13 cents to $30.55.