Jack In The Box Stock Price, News & Analysis

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.

Jack in the Box (NASDAQ: JACK) has announced significant progress in its Florida expansion strategy. This includes new franchise commitments in Tallahassee and Orlando. The plan encompasses five new locations in Tallahassee and ten in Orlando. The expansion aligns with the company's strategic goals for the Southeast, leveraging Florida's population growth and business-friendly environment.

With over 400 new franchise commitments in the past three years, nearly 10% are designated for Florida. New franchisees Darshana Patel and Dan Soma emphasized the brand's strong market presence and growth potential. New locations will offer 24-hour dine-in, drive-thru, and mobile ordering options, featuring Jack in the Box's iconic menu.

Del Taco has opened a new Fresh Flex location in Tallahassee, Florida, at 2410 Apalachee Parkway, marking its tenth location in the state. This is the third restaurant for franchise organization, Consolidated Taco Holdings. The Fresh Flex design features a modernized look with innovative features, including a drive-thru lane and contactless delivery pickup stations. The new location offers a menu featuring Mexican and American favorites such as tacos, burritos, and Crinkle-Cut fries, prepared daily with fresh ingredients. Del Taco is promoting the return of its beef birria menu, available for a time.

Jack in the Box has introduced a new value menu called Jack’s Munchies Under $4, featuring fan favorites like Jr. Jumbo Jack, Two Tacos, French Toast Sticks, and more, all priced under $4. This launch, starting June 3, aims to combat inflation and provide affordable options to customers. The menu includes items like Tiny Tacos, Chicken Nuggets, and the new Sourdough Grilled Cheese. The initiative is further supported by exclusive digital offers through Jack’s loyalty program, The Jack Pack, which offers deals like Taco Tuesnight and Midweek Munchies. The menu is available in-store, drive-thru, online, and via the Jack app.

Del Taco, the second-largest Mexican quick service restaurant in the US, announced the opening of its new location at 3815 S. Nova Road in Port Orange, Florida, on May 20, 2024. This is the brand’s first location in Port Orange and the second owned by the Singh Group. The new restaurant features Del Taco’s modern Fresh Flex design, with vibrant colors, dual drive-thru lanes, an open-kitchen layout, and order pick-up lockers for third-party to-go orders. Operating hours are 10 a.m. to 12 a.m. Monday through Thursday, and 10 a.m. to 2 a.m. Friday through Sunday. The Singh brothers stated that Port Orange's growth and passion for food made it an ideal location for expansion. The restaurant will offer a menu that includes tacos, Epic Burritos®, quesadillas, beverages, and Crinkle-Cut fries, all made with high-quality, fresh ingredients.