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 (NASDAQ: JACK) has appointed Lance Tucker as its permanent Chief Executive Officer and board member. Tucker, who had been serving as interim CEO since February 2025, previously held the position of CFO at Jack in the Box from March 2018 to September 2020, and was rehired as CFO in November 2024.
Board Chairman Dave Goebel expressed confidence in Tucker's decades of restaurant industry experience and financial expertise, highlighting their alignment with the company's current priorities. Tucker outlined his immediate focus areas, including capital allocation, free cash flow acceleration, and transitioning to an asset-light model. Dawn Hooper will continue as interim principal financial officer until a permanent CFO is appointed.
Jack in the Box (NASDAQ: JACK) announced the expansion of its brand presence to San Diego little league fields by installing its iconic antenna ball design on foul poles. The initiative kicks off on April 11 at 425 Imperial Beach Blvd., Imperial Beach, CA.
The program aims to bring a major league atmosphere to youth baseball fields, following the company's existing presence at Petco Park. This community engagement initiative extends Jack in the Box's connection with local baseball culture, from professional venues to neighborhood fields.
Jack in the Box (NASDAQ: JACK) reported mixed Q1 2025 financial results with marginal growth in some areas and declines in others. Jack in the Box saw a 0.4% increase in same-store sales and 0.5% growth in systemwide sales, while Del Taco experienced declines of 4.5% and 1.9% respectively.
The company reported diluted earnings per share of $1.75 and operating EPS of $1.92. Total revenues decreased 3.7% to $469.4 million, with net income at $33.7 million. Restaurant-Level Margin for Jack in the Box improved slightly to 23.2%, while Del Taco's margin declined to 13.8%.
Notable developments include expansion plans with 2 new franchisees in Chicago, technological advancement with nearly 1,000 restaurants implementing new POS systems, and Del Taco's entry into Indianapolis market. The company declared a quarterly dividend of $0.44 per share and revised its capital expenditure guidance to $100-105 million.
Jack in the Box (NASDAQ: JACK) announced the resignation of CEO Darin Harris, who has accepted a position outside the restaurant industry. The Board appointed Executive VP and CFO Lance Tucker as interim principal executive officer, effective February 24, 2025. Harris will remain as consultant through March 14, 2025, to ensure a smooth transition.
Tucker, who rejoined JACK as CFO in January 2025, previously served in the same role from March 2018 to September 2020. He brings over 20 years of corporate finance experience, including positions at CKE Restaurants Holdings and Papa John's International. During the interim period, Dawn Hooper, Senior VP & Controller with 24 years at JACK, will serve as interim principal financial officer.
Del Taco announces the return of its premium seafood menu from February 20 through April 23, 2025, featuring Jumbo Shrimp Tacos (2 for $6) and Beer-Battered Fish Tacos (3 for $7). The -time offerings include Jumbo Shrimp Tacos with secret sauce and fresh ingredients, Jumbo Shrimp Burrito with cilantro lime rice, and Beer-Battered Fish Tacos made with wild-caught Alaska Pollock.
The company is also offering a Fish Fry-days promotion with $2 off Fish Taco Meals every Friday from February 21 through April 18, available exclusively through online orders or the Del Taco app. Additionally, Del Taco extends the availability of their Dragon Fruit Blueberry Poppers beverage line, featuring three variations: Sprite® Poppers, Lemonade Poppers, and Shake Poppers.
Jack in the Box (NASDAQ: JACK) has announced the launch of its new Big Smashed Jack burger, an upgraded version of their original Smashed Jack that debuted in 2024. The new offering comes after the company was rated the Best Burger in Fast Food.
The Big Smashed Jack features nearly triple the beef compared to a leading competitor's burger, representing a significant upgrade in size and quality. The original Smashed Jack, which became an instant fan favorite upon its introduction in 2024, exceeded company expectations and prompted further innovation in this category.
Del Taco (NASDAQ: JACK), the second-largest Mexican quick-service restaurant chain in the US, has announced a significant expansion with a 10-unit development agreement in the Indianapolis DMA. The deal marks Del Taco's entry into Indiana, targeting markets including Bloomington, Bedford, Columbus, Greenwood, Plainfield, and Avon.
The new franchise group brings expertise in real estate, finance, insurance, human resources, sales, and marketing. Recently voted Best Fast Food Restaurant in USA Today's 2024 10 Best Reader's Choice Awards, Del Taco operates nearly 600 restaurants across 17 states, serving over three million guests weekly. The chain emphasizes fresh ingredients and scratch-made items, offering both Mexican and American favorites.
Jack in the Box (NASDAQ: JACK) has announced the release of its 2025 Fan Art Calendar, a -edition collectible featuring artwork from various fan artists. The calendar showcases different artistic interpretations of Jack Box and menu items, ranging from superhero themes to anime-style illustrations.
Available exclusively at shopjackinthebox.com, calendar purchasers will receive an exclusive 20% discount code for Jack app orders throughout the year. The calendar features works from nine artists including @Lapiz_Lancer, @noahverrier, @plootzz.wtf, and others, celebrating the brand's fan community and their creative contributions.
Jack in the Box (NASDAQ: JACK) has scheduled its first quarter 2025 earnings webcast for Tuesday, February 25 at 5 p.m. EST. The event will be accessible through a live webcast on the company's investor relations website at investors.jackinthebox.com. The Q1 2025 earnings release will be published after market close on the same day. Interested parties can contact Chris Brandon, vice president of investor relations, for additional information. The webcast will be archived on the company's investor relations website for future reference.
Jack in the Box (NASDAQ: JACK) has expanded its Jack Wraps lineup nationwide with two new flavors following successful market testing. The new varieties include the Fajita Jack Wrap featuring chicken strips, caramelized onions, cheddar, lettuce, tomato, and chipotle ranch, and the Caesar Jack Wrap with chicken strips, lettuce, tomato, and Caesar dressing.
The company is offering promotional deals including two Jack Wraps for $6 and a Mix 'n Match Combo option with fries and drink through February 16. Additional promotions include a Buy One, Get One Free offer on the Munchies Under $4 menu. The company has also introduced a $5 All Day Big Meal and new Lemonade Tea Infusions in Classic and Lemon Razz flavors, available until February 16.