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Jack in the Box (JACK) Stock News, Apr-Jun 2023

JACK Nasdaq

Jack in the Box Inc. reports developments tied to its quick-service restaurant business, including earnings releases, same-store sales, restaurant operations, menu promotions, marketing leadership and technology systems used across its corporate and franchise locations. Coverage also includes brand initiatives under Jack’s Way and operational programs intended to simplify the business.

Company news also reflects governance and shareholder matters, including board refreshment, annual meeting results, stockholder engagement and changes to director roles. Corporate updates document portfolio actions such as the completed sale of Del Taco and the treatment of that business as discontinued operations in reported results.

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Del Taco, the second-largest Mexican quick service restaurant chain in the U.S., has opened a new location in Morrow, Georgia, enhancing its footprint in the Atlanta Metro area. This new restaurant is part of a multi-unit agreement with franchise veteran Mac Kamara and represents the 21st Del Taco in Georgia. The location features a modern design with large windows and dual drive-thrus aimed at improving convenience for guests. In response to inflation, Del Taco offers an extensive value menu, including the '20 Under $2' option, providing an array of tacos and burritos. Founded in 1964, Del Taco serves over three million customers weekly across approximately 600 locations in 15 states.

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FAQ

What is the current stock price of Jack in the Box (JACK)?

Jack in the Box (JACK) last closed at $12.66.

What is the market cap of Jack in the Box (JACK)?

The market cap of Jack in the Box (JACK) is approximately $242.8M.