Jack in the Box Inc. (JACK) News
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JACK News Highlights
- JACK's 30 day story count now stands at 21.
- Over the past 21 days, JACK's stories per day has been in a clear uptrend, growing by about 1.00 per 2 days.
- CULL, RELX and NOV are the most mentioned tickers in articles about JACK.
Latest JACK News From Around the Web
Below are the latest news stories about JACK IN THE BOX INC that investors may wish to consider to help them evaluate JACK as an investment opportunity.
Credit Suisse analyst Lauren Silberman reiterated an Underperform rating on the shares of Jack In The Box (NASDAQ: JACK) and lowered the price target from $84 to $73. The analyst said the company demonstrated solid Q4 same-store sales, including Jack in the Box 4% & Del Taco 5.2%, while unit growth came in below expectations with a total of 29 net closures. JACK guided FY23 EPS to $5.25-5.65 (prior consensus $6.56), with the miss in part driven by an increase in tech investments. The company gui
Jack in the Box's (JACK) fiscal fourth-quarter margins are hurt by a rise in food and packaging costs, wage inflation, higher utilities and maintenance and repair costs.
Companies in The News Are: DKS,ADI,JACK,WMG
Jack in the Box ( NASDAQ:JACK ) Full Year 2022 Results Key Financial Results Revenue: US$1.47b (up 28% from FY 2021...
Wedbush on Wednesday said it is removing Jack in the Box Inc. from its Best Ideas List but maintained its outperform rating on the restaurant chain. "We continue to believe JACK's current valuation discounts an overly pessimistic view of management's ability to successfully integrate the Deal Taco acquisition and to achieve unit growth acceleration and same-store sales growth over the longer-term across both brands," Wedbush said in a research note. Wedbush said until is sees incremental visibil
Leading Mexican chain expands Florida footprint with first location in the state’s southwest regionLAKE FOREST, Calif., Nov. 22, 2022 (GLOBE NEWSWIRE) -- Del Taco, the nation’s second largest Mexican quick service restaurant*, announced the opening of its newest location in Florida at 5610 W. Manatee Avenue, in Bradenton, Florida. Located in Manatee County, the opening marks the fifth location in the Sunshine State and the first outside of the Orlando area, where there are currently four Del Tac
In a report released today, Chris O`Cull from Stifel Nicolaus maintained a Hold rating on Jack In The Box (JACK - Research Report). The company's shares opened today at $79.01.O`Cull covers the Services sector, focusing on stocks such as Planet Fitness, Brinker International, and Domino's Pizza. According to TipRanks, O`Cull has an average return of 12.2% and a 61.65% success rate on recommended stocks. The word on The Street in general, suggests a Hold analyst consensus rating for Jack In The Box with a $89.00 average price target, implying a 12.64% upside from current levels. In a report released on November 18, Cowen & Co.
The Dow Jones Industrial Average is up 271 points midday, while the Nasdaq Composite and S&P 500 Index are firmly higher as well.
Jack In The Box Inc (NASDAQ: JACK) reported fourth-quarter FY22 sales growth of 44.6% year-on-year to $402.8 million, beating the consensus of $392.52 million. Jack in the Box Same-store sales increased 4.0% in the fourth quarter, comprised of an increase in company-operated same-store sales of 11.4% and an increase in franchise same-store sales of 3.2%. Systemwide sales for the fourth quarter increased 4.1%. Del Taco Systemwide sales increased 4.2% driven by positive results in both franchise a
Shares of Jack in the Box (NASDAQ: JACK) were tumbling today after the fast-food chain offered disappointing guidance for the next year in its fiscal fourth-quarter earnings report. Jack in the Box's fourth-quarter results were actually in line with expectations. Same-store sales at Jack in the Box restaurants rose 4% in the quarter and were up 5.2% at Del Taco.