Jack In The Box Stock Price, News & Analysis

Jack in the Box Inc. (NASDAQ: JACK) will host a Q1 2023 Earnings Webcast on March 1 at 11:00 a.m. EST. This follows the announcement of the earnings release prior to market open on the same day. The webcast will be accessible on the company’s investor relations site and will remain archived for later viewing. This event marks a slight date change from what was previously shared at the 2023 ICR Conference. Founded in San Diego, California, Jack in the Box operates over 2,180 locations and is accompanied by its brand, Del Taco, which has around 600 locations.

Jack in the Box (NASDAQ: JACK) announced its participation in the 2023 ICR Conference scheduled for Monday, Jan. 9, 2023, at 11:30 a.m. ET in Orlando, FL. CEO Darin Harris will present during the event, which will be available via live webcast. Interested parties can access the presentation at investors.jackinthebox.com. The company operates more than 2,180 Jack in the Box restaurants, along with Del Taco.

Jack in the Box Inc. (NASDAQ: JACK) has entered a significant agreement with Cedar Tree Restaurant Group, led by Jeff Yablun and Frank Conley, aiming to develop 37 new and acquire 46 existing units across Nashville, Baton Rouge, Greenville, and Charlotte. This deal marks the largest single franchise commitment within 267 signed since mid-2021. Following its Q4 earnings call, the company is optimistic about positive net unit growth for the first time in four years, highlighting confidence in the brand's future.

Del Taco, the second largest Mexican quick service restaurant in the U.S., announces significant growth in Florida with two multi-unit franchise deals for up to 10 new locations. Franchisee Tom Edwards will open five restaurants in northern Tampa Bay, while Oliver Hurd will establish five in Palm Beach and North Broward County. The company aims to attract experienced operators in areas across the U.S. to meet rising demand, emphasizing its commitment to quality ingredients and customer service.

Jack in the Box (NASDAQ: JACK) announced the departure of CFO Tim Mullany, effective February 2, 2023, for personal reasons. Until a successor is found, Dawn Hooper, with 22 years at the company, will serve as interim Principal Financial Officer. Mullany joined in January 2021 and was instrumental in the recent Del Taco acquisition. CEO Darin Harris praised Mullany’s contribution during challenging times of inflation and integration between the brands.

Jack in the Box is launching an exciting initiative called 24 Days of Jackmas, starting December 1st, exclusively for Jack Pack^® rewards members. This promotion features daily food deals, including favorites like 2 Tacos and Curly Fries, aimed at enhancing customer engagement during the holiday season. The event emphasizes Jack's playful and festive branding, encouraging customers to participate through the Jack app or website.

Del Taco, the second largest Mexican quick service restaurant chain in the U.S., has opened its first location in southwest Florida at 5610 W. Manatee Avenue, Bradenton. This marks the fifth location in the state and expands the brand's footprint beyond Orlando. The new outlet features a Fresh Flex layout, emphasizing convenience and modern design. Customers can enjoy popular menu items, including EPIC Burritos and NEW Epic Tortas. The company continues its commitment to fresh ingredients, and new customers can earn rewards through the Del Yeah! Rewards app.