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 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.
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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.
Jack in the Box has launched the first-ever plant-based "Unchicken" sandwiches in the U.S., available in Monterey, Salinas, and Reno. Partnering with Tyson Foods' Raised & Rooted, the sandwiches are made from pea protein isolate and come in regular and spicy varieties. The launch meets the rising demand for meat alternatives, positioning Jack in the Box as an innovator in the quick-service restaurant sector. Customers can try the sandwiches through December 12, or while supplies last.
Jack in the Box Inc. (NASDAQ: JACK) has announced that it is over 75% toward its goal of using 100% cage-free eggs by 2025. In 2015, the company committed to replacing a majority of its egg supply with cage-free options by 2020 and achieving full conversion by 2025. Currently, more than 77% of its eggs are sourced from cage-free chickens, surpassing the initial target. This initiative reflects the company's commitment to animal welfare, as highlighted by industry advocates.