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Jack in the Box Inc. Reports Fourth Quarter FY 2019 Earnings
Jack in the Box today reported financial results for the fourth quarter and fiscal year ended September 29, 2019.
Jack in the Box system same-store sales increased 3.0 percent in the fourth quarter. Company same-store sales increased 3.5 percent, driven by average check growth of 2.8 percent and transaction growth of 0.7 percent.
Lenny Comma, chairman and chief executive officer, said, "Our 2019 operating results demonstrate the momentum in the Jack in the Box brand, with same-store sales improving to the strongest performance in four years. We have now achieved...
Jack in the Box Transforms 'On-the-Go' Dining with Cognizant
Cognizant (Nasdaq: CTSH) announced it is developing a new digital strategy for Jack in the Box® restaurants, one of the largest hamburger chains in the U.S. The initiative includes a mobile app that enhances the brand's "on-the-go" experience by enabling customers to view menus, exclusive promotions, and everyday value deals, find the nearest location, place orders in advance, and pay using their mobile phones. The app is now available for use with all 2,200+ Jack in the Box locations in the U.S.
San Diego-based Jack in the Box partnered with Cognizant digital experts to understand customer requirements, workflows and to create a scalable digital platform. As part of its engagement, Cognizant surveyed customers about their restaurant experiences and preferences. Cognizant worked with industry experts to identify operational efficiencies and best practices. The resulting app, the chain's first, provides ...
Jack in the Box Inc. Reports First Quarter FY 2019 Earnings
Jack in the Box Inc. (NASDAQ: JACK) yesterday reported financial results for the first quarter ended January 20, 2019.
The company completed the sale of Qdoba Restaurant Corporation ("Qdoba") on March 21, 2018. Qdoba results are included in discontinued operations for all periods presented.
Earnings from continuing operations were $31.1 million, or $1.19 per diluted share, for the first quarter of fiscal 2019 compared with $12.9 million, or $0.43 per diluted share, for the first quarter of fiscal 2018.
Operating Earnings Per Share, a non-GAAP measure, were $1.35 in the first quarter of fiscal 2019 compared with $1.23 in the prior year quarter ....
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