Welcome to our dedicated page for Jack in the Box news (Ticker: JACK), a resource for investors and traders seeking the latest updates and insights on Jack in the Box stock.
Jack in the Box Inc. (NASDAQ: JACK) is a prominent restaurant company headquartered in San Diego, California. Known for its extensive network of more than 2,200 Jack in the Box® restaurants across 21 states and Guam, the company has established itself as one of the nation’s largest hamburger chains. In addition to its flagship brand, Jack in the Box Inc. operates and franchises QDOBA Mexican Eats®, a leader in the fast-casual dining sector with over 600 restaurants in 47 states, the District of Columbia, and Canada.
Jack in the Box's diverse menu includes an array of hamburgers, tacos, fries (both regular and curly), specialty sandwiches, salads, and ice cream shakes, offering customization options to cater to individual tastes. The company also provides catering and delivery services, ensuring convenience for its customers.
The company operates through two primary segments: Jack in the Box and Del Taco. The latter is known for its Fresh Flex design and commitment to high-quality, freshly prepared Mexican and American cuisine. Del Taco's menu features tacos, Epic Burritos®, quesadillas, and Del Taco's famous Crinkle-Cut fries, among other items, with a focus on delivering fresh ingredients and innovative dining experiences.
Recent Achievements and Developments:
- Jack in the Box continues to innovate its offerings to meet evolving consumer preferences. Notable recent introductions include the Buttery Jack and the OREO cookie ice cream shake.
- The company's mission to make the world a more delicious place extends to its corporate culture, encouraging employees to explore new menu items and develop their careers through targeted goals and skill development.
- Del Taco has recently expanded its Fresh Flex restaurant design to new locations, providing an elevated brand experience with features like double drive-thru lanes and third-party pick-up stations.
- Del Taco’s Opelika location now serves as a model for the brand's innovative design and enhanced customer experience, offering extended hours and a value-oriented menu.
Jack in the Box Inc. remains dedicated to providing high-quality food and exceptional service, maintaining its position as a significant player in the quick-service and fast-casual restaurant industries.
Jack in the Box Inc. (NASDAQ: JACK) will present at the Bank of America Securities 2021 Virtual Consumer & Retail Technology Conference on March 11, 2021, at 11:30 am PT. Investors can access the live webcast through Jack in the Box’s Investors page by visiting http://investors.jackinthebox.com at least 15 minutes before the start of the presentation. A replay will be available for 30 days post-event. Jack in the Box operates over 2,200 restaurants across 21 states and Guam, focusing on franchise opportunities.
Jack in the Box reported Q1 fiscal 2021 results with significant same-store sales growth. Total system same-store sales rose 12.5%, while company sales increased 7.5%. Net earnings reached $50.9 million, or $2.21 per diluted share, compared to $7.9 million, or $0.33 per share in Q1 2020. Adjusted EBITDA was $102.4 million, up from $76.6 million a year ago. The company declared a cash dividend of $0.40 per share, payable on March 16, 2021. Continued performance in the second quarter appears positive, maintaining strong sales trends despite ongoing challenges from the pandemic.
Jack in the Box Inc. (NASDAQ: JACK) will announce its first quarter fiscal 2021 financial results on February 17, 2021, after the market closes. A conference call to discuss these results will take place on February 18, 2021, at 8:30 a.m. PT, which will be accessible via the company's investor page. Jack in the Box, headquartered in San Diego, operates over 2,200 restaurants across 21 states and Guam, making it one of the largest hamburger chains in the nation.
Jack in the Box Inc. (NASDAQ: JACK) has appointed Ryan Ostrom as Executive Vice President and Chief Marketing Officer, effective February 1, 2021. Ostrom brings over 15 years of marketing experience, including his recent role at General Nutrition Centers where he transformed the brand into a digital powerhouse. CEO Darin Harris expressed excitement over Ostrom's expertise in modernizing consumer engagement strategies. Adrienne Ingoldt will transition to Senior Vice President, Chief Customer & Strategy Officer, focusing on strategic planning and corporate performance.
Jack in the Box Inc. (NASDAQ: JACK) announced that Timothy Mullany will join as Executive Vice President and Chief Financial Officer effective January 18, 2021. Mullany brings over 20 years of experience in the restaurant sector, having recently served as CFO at VASA Fitness. He played a key role in scaling Pie Five Pizza during his tenure at RAVE Restaurant Group. CEO Darin Harris expressed confidence in Mullany's leadership to drive growth at Jack in the Box. The company operates over 2,200 restaurants across 21 states, recognized for pioneering all-day breakfast.
Jack in the Box launched its new Cluck Sandwich featuring a crispy chicken fillet, pickles, and mystery sauce on a brioche bun. To promote the sandwich, the company partnered with singer Becky G, who has created a TikTok dance challenge. For every dance shared using #JacksNewChickenDance from 12/17/20 to 2/14/21, Jack in the Box will donate $1 to No Kid Hungry, up to $100,000. The Cluck Sandwich is priced at $5.99 as a combo, and customers can upgrade to the Cluck Deluxe Sandwich for an additional $2.
Jack in the Box Inc. (NASDAQ: JACK) will participate in the Morgan Stanley Virtual Global Consumer & Retail Conference on December 1, 2020, at 11:00 am ET. Investors can access the live webcast on the Jack in the Box Investors page, which will also have a replay available for 30 days post-event. Jack in the Box operates over 2,200 restaurants across 21 states and Guam, making it one of the largest hamburger chains in the U.S.
Jack in the Box reported a strong fourth quarter for fiscal 2020, ending September 27, with a 12.2% increase in same-store sales. The company achieved earnings from continuing operations of $37.9 million ($1.65 per share), up from $22 million ($0.86 per share) the previous year. Adjusted EBITDA rose to $78.4 million from $66.9 million. Despite a decrease in restaurant traffic, average check growth of 21.9% contributed to the sales surge. The company has temporarily suspended share repurchases but announced a $0.40 dividend payable December 18.
Jack in the Box Inc. (NASDAQ: JACK) will announce its fourth quarter fiscal 2020 financial results on November 18, 2020, after market close. A conference call to discuss the results will take place on November 19, 2020, at 8:30 a.m. PT. Investors can access the live call online via the company’s investor page, with playback available shortly after the call. The company operates over 2,200 Jack in the Box restaurants across 21 states and Guam, positioning itself as one of the largest hamburger chains in the nation.
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