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. 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.
Del Taco has announced the return of its popular Crispy Jumbo Shrimp menu items, available starting February 16, 2023. The highlight of this launch is the new Buttery Garlic Parmesan sauce, featured in an array of new offerings such as the Buttery Garlic Parmesan Crispy Jumbo Shrimp Taco and Buttery Garlic Parmesan Fries. Customers can enjoy limited-time promotions including two for $6 Mix & Match Crispy Jumbo Shrimp Tacos. Del Taco aims to delight seafood enthusiasts with this flavorful menu expansion while maintaining its commitment to quality ingredients. As the second-largest Mexican quick service restaurant, Del Taco serves over 3 million guests weekly across approximately 600 locations.
Del Taco has opened a new location in Marion, Ohio, expanding its presence in the Columbus metro area. The restaurant, located at 1207 Mt. Vernon Avenue, serves a diverse menu of Mexican and American favorites and is open for breakfast and late-night drive-through. Del Taco aims to provide high-quality, fresh food with ingredients like grilled chicken and carne asada steak. The chain features a '20 Under $2' value menu, highlighting its commitment to affordability. Founded in 1964, Del Taco operates around 600 restaurants across 15 states, attracting over three million customers weekly.
Jack in the Box (NASDAQ: JACK) has partnered with SiteZeus to enhance its site-selection and market analysis capabilities. This collaboration aims to leverage SiteZeus' AI-powered location intelligence tools for better market planning, enabling Jack in the Box to make data-driven decisions regarding portfolio expansion and optimization.
The partnership will utilize advanced solutions such as real-time insights and white-space analysis, allowing Jack in the Box to identify promising new market opportunities and optimize growth strategies in existing markets, thereby enhancing its competitive edge.
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.
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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.
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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.