Jack In The Box Stock Price, News & Analysis

Del Taco, the second-largest Mexican quick-service restaurant chain, has expanded its Del's Real Deal$™ menu with two new burritos priced under $3: the Bean, Rice and Cheese Burrito and the Chipotle Chicken Burrito. The company also introduced three new value bundles:

- Del's BIG Bundle: Feeds 1-2 people for $10
- Del's BIGGER Bundle: Feeds 2-3 people for $15
- Del's MEGA Bundle: Feeds 3-5 people for $20

Additionally, Del Taco launched a new Dragon Fruit Blueberry Poppers beverage line featuring three variations: Sprite® Poppers, Lemonade Poppers, and Shake Poppers, all containing blueberry-flavored popping boba pearls and real dragon fruit pieces.

Jack in the Box (NASDAQ: JACK) announced a strategic leadership restructure where Tony Darden, SVP and Chief Operating Officer, will leave his position. Ryan Ostrom, currently EVP and Chief Marketing & Digital Officer, will assume responsibility for Jack Operations in addition to his current role, becoming Chief Customer & Digital Officer effective December 6, 2024. Ostrom, who joined in February 2021, has led the digital transformation of both Jack in the Box and Del Taco brands. In his expanded role, he will focus on building brand loyalty, driving operations excellence, and fostering team alignment.

Jack in the Box (NASDAQ: JACK) announces '24 Days of Jackmas' promotion, offering daily free food items with minimum $1 purchase through the Jack App from December 1st to December 24th. The weekly schedule includes: free onion rings on Sundays, Jumbo Jacks on Mondays, two tacos on Tuesdays, Noggy or Nice Shake on Wednesdays, Jr. Chicken Sandwich on Thursdays, fries on Fridays, and 4-piece chicken nuggets on Saturdays. Additionally, customers can get $1 Coke Fountain Drinks daily throughout the promotion.

Jack in the Box (NASDAQ: JACK) has announced a new five-unit development agreement in Detroit, Michigan, expanding its Midwest presence. This follows previous plans to open five locations in West Michigan and over 20 restaurants in Chicagoland. The Detroit expansion will be led by franchise operators Maan Almansour and Andi Kareem. The company currently operates approximately 2,200 locations nationwide and has seen success in recent market openings in Salt Lake City and Louisville. The new Detroit locations will offer dine-in, drive-thru, and mobile ordering options.

Jack in the Box Inc. reported Q4 2024 financial results showing declining same-store sales for both brands. Jack in the Box same-store sales decreased 2.1% in Q4 and 1.3% for FY 2024, while Del Taco saw decreases of 3.9% in Q4 and 1.5% for FY 2024. Total revenues declined 6.2% to $349.3 million. Despite sales challenges, the company achieved significant growth milestones, with Jack in the Box opening 30 restaurants in FY 2024, the highest since 2012. Del Taco refranchised 47 restaurants and is now nearly 80% franchised. The company provided FY 2025 guidance with Operating EPS expected at $5.05-$5.45 and Adjusted EBITDA of $288-$303 million.

Del Taco has expanded its carne asada menu with the introduction of a NEW Chipotle Carne Asada Steak Burrito. Starting at $2.99, the enhanced menu features various carne asada options including Epic Burritos®, loaded fries, and street tacos. The new chipotle burrito weighs over half a pound and includes freshly grilled carne asada steak, slow-cooked beans, cilantro lime rice, chipotle sauce, and sour cream. Additionally, Del Taco is launching two -time beverages: the NEW Dirty Del (Dr Pepper® with vanilla and lime) and bringing back the Birthday Cake Shake.

Jack in the Box introduces the Sourdough Smashed Jack, a new variant of their successful smashed-patty burger line. The original Smashed Jack, launched a year ago, achieved remarkable success with 70,000 units sold on day one and became their most successful burger launch in six years. The company has sold 3.5M Classic Smashed Jacks and 6.5M Bacon Double Smashed Jacks since launch. The new Sourdough version features a ¼ lb smashed patty with American cheese, pickles, grilled onions, and Boss Sauce on toasted sourdough bread, available for a time.

Jack in the Box (NASDAQ: JACK) launches its -time 'Noggy or Nice' holiday menu nationwide. The seasonal offerings include eggnog-flavored beverages - a Noggy or Nice Shake and Sweet Cream Iced Coffee, both featuring Biscoff® cookie crumbs. The menu introduces Birria Tiny Tacos starting at $4.00 for Classic and $5.00 for Sauced & Loaded versions. Additionally, the company debuts Biscoff® Donut Holes for $1.50 and a new $5 Big Deal Breakfast Meal featuring a Breakfast Jack, French Toast Sticks, and hash brown, available all day.

Jack in the Box (NASDAQ: JACK) announces the return of Lance Tucker as Chief Financial Officer, effective January 13, 2025. Tucker, currently CFO at Davidson Hospitality Group, previously served as Jack in the Box's CFO from March 2018 to July 2020, where he implemented the company's securitization and drove shareholder value. He also held CFO positions at CKE Restaurants and Papa John's International. In his role, Tucker will oversee financial strategy, planning, and operations, working closely with the executive team to maintain agility in the fast-food sector while strengthening relationships with franchisees.