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 Inc. (NASDAQ: JACK) will disclose its fiscal Q2 2021 financial results on May 12, 2021, after market close. A conference call will follow at 2:00 p.m. PT to discuss the results, which will be accessible via the company's investor page. Interested parties should log in at least 15 minutes prior to the call for any necessary software installations. A playback of the call will be available on the investor’s page post-event, starting at approximately 5:00 p.m. PT on the same day.
Jack in the Box Inc. (NASDAQ: JACK) will present at the Bank of America Securities 2021 Virtual Consumer & Retail Technology Conference on March 11, 2021, at 11:30 am PT. Investors can access the live webcast through Jack in the Box’s Investors page by visiting http://investors.jackinthebox.com at least 15 minutes before the start of the presentation. A replay will be available for 30 days post-event. Jack in the Box operates over 2,200 restaurants across 21 states and Guam, focusing on franchise opportunities.
Jack in the Box reported Q1 fiscal 2021 results with significant same-store sales growth. Total system same-store sales rose 12.5%, while company sales increased 7.5%. Net earnings reached $50.9 million, or $2.21 per diluted share, compared to $7.9 million, or $0.33 per share in Q1 2020. Adjusted EBITDA was $102.4 million, up from $76.6 million a year ago. The company declared a cash dividend of $0.40 per share, payable on March 16, 2021. Continued performance in the second quarter appears positive, maintaining strong sales trends despite ongoing challenges from the pandemic.
Jack in the Box Inc. (NASDAQ: JACK) will announce its first quarter fiscal 2021 financial results on February 17, 2021, after the market closes. A conference call to discuss these results will take place on February 18, 2021, at 8:30 a.m. PT, which will be accessible via the company's investor page. Jack in the Box, headquartered in San Diego, operates over 2,200 restaurants across 21 states and Guam, making it one of the largest hamburger chains in the nation.
Jack in the Box Inc. (NASDAQ: JACK) has appointed Ryan Ostrom as Executive Vice President and Chief Marketing Officer, effective February 1, 2021. Ostrom brings over 15 years of marketing experience, including his recent role at General Nutrition Centers where he transformed the brand into a digital powerhouse. CEO Darin Harris expressed excitement over Ostrom's expertise in modernizing consumer engagement strategies. Adrienne Ingoldt will transition to Senior Vice President, Chief Customer & Strategy Officer, focusing on strategic planning and corporate performance.
Jack in the Box Inc. (NASDAQ: JACK) announced that Timothy Mullany will join as Executive Vice President and Chief Financial Officer effective January 18, 2021. Mullany brings over 20 years of experience in the restaurant sector, having recently served as CFO at VASA Fitness. He played a key role in scaling Pie Five Pizza during his tenure at RAVE Restaurant Group. CEO Darin Harris expressed confidence in Mullany's leadership to drive growth at Jack in the Box. The company operates over 2,200 restaurants across 21 states, recognized for pioneering all-day breakfast.
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.