Jack In The Box Stock Price, News & Analysis

Del Taco, the second-largest Mexican quick-service restaurant chain in the US, has announced record-breaking first-week sales for new market openings in Port Orange, FL, Tallahassee, FL, and Chesapeake, VA. The company is expanding its presence in the Southeast, with a new multi-unit commitment for 7 restaurants in North Carolina and South Carolina.

Impeccable Development has partnered with Del Taco to develop these new locations in the Wilmington, NC and Myrtle Beach, SC markets. This follows earlier development agreements in Greensboro, NC and Raleigh-Durham. Del Taco plans to open its first units in Raleigh-Durham and Greensboro in 2025.

The brand's success is attributed to its commitment to using high-quality, fresh ingredients and preparing food fresh in each restaurant's kitchen. Del Taco currently operates nearly 600 restaurants across 17 states and is seeking franchise opportunities throughout the Southeast and other markets across the country.

Del Taco has announced the launch of its new Del's Real Deal$ Menu, featuring 15 items priced at $2 or under.

The menu includes tacos, burritos, nachos, and the newly added chips with house-made guacamole. Each item is made with fresh ingredients such as slow-cooked beans, grilled chicken, and house-grated cheddar cheese.

This initiative aligns with Del Taco’s commitment to affordable, high-quality food as highlighted by Sheena Dougher, Head of Marketing.

Popular items include the Bean & Cheese Burrito, Chicken Cheddar Rollers, and the new Snack-Sized Chips & Guacamole.

Jack in the Box (NASDAQ: JACK) has announced its Q3 2024 Earnings Webcast set for Tuesday, August 6 at 5 p.m. EST. The event will be accessible via a live webcast at investors.jackinthebox.com.

The Q3 2024 earnings release will be published after market close on the same day. For further details, investors can contact Chris Brandon, the vice president of investor relations, at 619.902.0269.

The webcast will also be archived for replay on the company's investor relations website.

Del Taco, the second-largest Mexican quick service restaurant, opened its first location in Chesapeake, Virginia. This new restaurant is part of Del Taco's strategic expansion on the East Coast and features the Fresh Flex layout, designed to enhance the guest experience with modernized design elements. Franchisees Steve Kissel and Brian McGavran will serve Del Taco’s classic menu, including tacos, Epic Burritos®, quesadillas, beverages, and Crinkle-Cut fries. The Chesapeake location offers dual drive-thru lanes and pick-up lockers for mobile and third-party orders, and is open daily from 10 AM to midnight. Del Taco emphasizes freshness with high-quality ingredients prepared in-house.

Jack in the Box (NASDAQ: JACK) is making a significant return to Chicago after four decades with plans for eight new locations in 2025. The company has identified over 125 potential sites for future expansions throughout the Chicagoland area. This strategic move aims to reintroduce the brand's 24/7 menu to Chicago residents and capitalize on the region's vibrant dining market. The expansion will feature various types of venues, including traditional freestanding restaurants, drive-thru end-caps, converted buildings, and dark kitchens. CEO Darin Harris expressed enthusiasm about meeting long-standing customer demand and integrating into Chicago's restaurant scene. This initiative complements the company's ongoing multi-unit expansions in several other states and Mexico. Franchise opportunities are available for interested entrepreneurs.

Jack in the Box (NASDAQ: JACK) has announced a new -time menu item, Mini Chimi Bang Bangs, in collaboration with Marvel Studios' upcoming movie, “Deadpool & Wolverine.” Available from July 15 to Sept. 15, the chimichangas will be offered in Classic and Sauced & Loaded varieties, featuring seasoned chicken, corn, black beans, and southwest flavors. Jack Pack members get early access on July 8. Additionally, purchases over $20 made online or via the app will earn a $5 Fandango credit. Special packaging and promotional items such as -edition antenna balls and curated art packs will also be available.

Del Taco, the second-largest Mexican quick-service restaurant in the U.S., is expanding its presence in Florida. On June 19, 2024, the company announced the opening of its new location at 3209 E Colonial Drive in Orlando. This marks the sixth Del Taco restaurant in Orlando and one of six new openings in Florida this year. The new outlet features the modern Fresh Flex design, including dual drive-thru lanes and order pick-up lockers for third-party to-go orders, aiming to enhance the guest experience. The restaurant will operate from 9 a.m. to 1 a.m. Sunday through Monday. Aside from offering its classic menu, Del Taco has reintroduced its beef birria menu, available for a time. Career opportunities are also available at this new location.

Jack in the Box (NASDAQ: JACK) has announced a strategic development agreement to open 15 new locations in Georgia, marking its first entry into the state. This move continues the company's rapid expansion in the Southeastern U.S., following commitments for over 30 restaurants in Florida. The new Georgia locations will focus on growing markets such as Macon, Augusta, and Savannah, offering 24/7 dine-in, drive-thru, and mobile ordering options. The expansion is part of Jack in the Box's broader strategy to grow its footprint, leveraging its iconic menu and strong brand presence.

Jack in the Box (NASDAQ: JACK) has announced a collaboration with Ice Cube to introduce Cube’s Munchie Meal, available from June 3 to July 14 at locations nationwide, on jackinthebox.com, and the Jack app. This -time meal includes the fan-favorite Chick-N-Tater Melt, a classic Jack Taco, Seasoned Curly Fries, Mini Churros, and a Small Sprite. Customers will also receive an Ice Cube emoji sticker. The partnership, which reunites Ice Cube with Jack in the Box 16 years after his hit song “Jack N The Box,” features a series of ads with Ice Cube’s original song and highlights his favorite late-night snacks. This collaboration follows the 10-year anniversary of Munchie Meals and the brand’s first celebrity collaboration with Snoop Dogg in 2023.