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.
Jack in the Box (NASDAQ: JACK) has brought back popular menu items, Spicy Chicken Strips and French Toast Sticks, announced by former employee Mark Hamill. These items are available for a limited time at restaurants nationwide, on the app, and through delivery services. The Spicy Chicken Strips feature new sauce flavors, priced from $5. French Toast Sticks return after a decade, available in 3-pc or 6-pc packs, starting at $2.00. A limited-edition comic book recounting Hamill's story at Jack in the Box will be available for free starting August 11.
Del Taco has announced the launch of several new products and promotions, emphasizing affordability amidst rising inflation. Starting July 28, fans can enjoy NEW Queso Crunchtadas® and a NEW Strawberry Piñata Shake made with M&M'S® Candies. A limited-time BOGO offer on Crispy Chicken Tacos will also run from July 24 to July 31, 2022, available through the Del Yeah!™ Rewards app. The 20 Under $2 Menu features items like the $1.49 Crispy Chicken Tacos, reflecting Del Taco's commitment to value and quality.
Jack in the Box (NASDAQ: JACK) will host a Q3 2022 Earnings Webcast on August 10 at 1:00 p.m. EDT. This event will follow the release of Q3 earnings before the market opens on the same day. Investors can access the live webcast through the company's investor relations website at investors.jackinthebox.com. The earnings release will provide key financial metrics for the quarter, impacting stakeholders’ assessments of company performance.
Jack in the Box (NASDAQ: JACK) introduces its latest limited-time offerings, including the Girl Scout Adventurefuls™ Caramel Brownie Shake, combining vanilla shake with brownie pieces, and the new Grilled Chicken Sandwich featuring 100% grilled chicken. Additionally, the Mega Munchie Box is launched, packed with favorites like Curly Fries and Chicken Nuggets, available exclusively to DashPass members. These new menu items aim to enhance customer experience and drive traffic during the summer season.
Jack in the Box (NASDAQ: JACK) has announced its participation in several upcoming investor events, aiming to engage with the market and provide insights into its operations.
Key dates include the RBC Capital Markets Global Consumer and Retail Conference in Boston on June 1, the Goldman Sachs Travel and Leisure Conference on June 6 in New York City, and the Stifel Cross Sector Insight Conference on June 9 in Boston, among others.
For further information, visit the investor relations page.
Jack in the Box reported a 0.1% increase in systemwide sales and -0.8% same-store sales for Q2 2022, impacted by inflation and Omicron-related challenges. Del Taco achieved a 2.9% rise in systemwide sales and 2.5% same-store sales. Net earnings fell to $7.8 million from $35.9 million year-over-year. Adjusted EBITDA decreased to $64.4 million. The company revised FY 2022 EPS guidance to $5.80 to $6.10 and expects same-store sales growth for Jack in the Box to remain flat to +1.0%. A cash dividend of $0.44 per share is set for June 22, 2022.
Jack in the Box has partnered with Jolt to implement a digital food safety solutions platform across its 2,200+ locations. The decision was made after evaluating multiple vendors, highlighting Jolt's capability to enhance monitoring and compliance with food safety protocols. This collaboration aims to streamline food safety checks, daily location checklists, and employee training, thereby reinforcing Jack in the Box's commitment to food quality and customer satisfaction. The rollout of Jolt's platform is set for this year, underlining Jack in the Box's continuous improvement strategy.
Jack in the Box has partnered with Miso Robotics to pilot the integration of Flippy 2 and Sippy in its San Diego location, aiming to boost efficiency and enhance the customer experience. Amid staffing challenges, this collaboration seeks to modernize back-of-house operations by leveraging AI and robotics. Tony Darden, COO of Jack in the Box, expressed confidence in the technology's potential to improve operations and employee comfort. Miso Robotics, with over 18,000 shareholders and a valuation of $500 million, focuses on transforming the restaurant industry through automation.
Jack in the Box, Inc. (NASDAQ: JACK) will host its Q2 2022 Earnings Webcast on Thursday, May 26 at 10:30 a.m. EDT. Investors can access the live event at investors.jackinthebox.com. The event will also be archived for later viewing. 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 has successfully acquired Del Taco for approximately $585 million. This merger enhances their position in the quick-service restaurant (QSR) sector, allowing for improved guest experiences and profitable growth. Del Taco stockholders will receive $12.51 per share, and the stock will be delisted from NASDAQ. Both companies share similar guest profiles and menu offerings, promising significant synergies and growth opportunities for franchisees and investors.