Jack in the Box Inc. Reports Second Quarter 2023 Earnings

Jack in the Box Inc. financial results for the Jack in the Box and Del Taco segments in the second quarter, ended April 16, 2023.

"The momentum in our business continued throughout the second quarter, reflected in outstanding sales, positive net unit growth, improved margin performance and the signing of a development agreement for expansion into Mexico," said Darin Harris, Jack in the Box Chief Executive Officer. "Over the last year we have been focused on the execution of our strategy, and the results are beginning to show. We look...

Jack in the Box Signs Franchise Agreement with Operating Group for 37 New Locations

Jack in the Box Inc. (NASDAQ: JACK) announced today a signed agreement with Jeff Yablun and Frank Conley of Cedar Tree Restaurant Group for 37 new restaurants and 46 existing stores in four southeast markets: Nashville, TN, Baton Rouge, LA, Greenville, SC, and Charlotte, NC.

“I became familiar with Jack in the Box during my time living in California, so I understand the strong following fans already have for the brand and the unique space that Jack occupies in the industry,” said...

Jack in the Box, for the First Time Since 2019, Announces Expectation of Positive Net Unit Growth

Jack in the Box Inc. (NASDAQ: JACK) today, as part of its fourth quarter earnings, announced its expectation of positive net unit growth in 2023, a sign that its growth strategies are beginning to take shape and drive results. The long-term economic proposition of a Jack in the Box restaurant is creating a resurgence of demand for growth, and current and potential franchisees are taking notice.

“We are thrilled that, in just a short couple of years...

Jack in the Box Announces Partnership with The Cypress Group to Help with Refranchising of Del Taco

Jack in the Box Inc. today announced that it has partnered with The Cypress Group, a leading restaurant and franchise investment banking firm, to manage the sale of certain company-owned Del Taco restaurants, which currently make up roughly half of the brand’s total restaurant count, to existing and new franchisees.

The sale process will begin immediately and represents the next step toward asset-light portfolio optimization of the Del Taco system, positioning it for future growth.

Cypress has more than 30 years...

Jack in the Box’s New Online Ordering Makes Satisfying Cravings Even Easier

Jack in the Box, one of the nation’s largest hamburger chains with more than 2,200 locations across 21 states, has launched a brand-new ordering website and native mobile app. The updated app and site were developed in partnership with Bounteous, the digital innovation partner for the world’s most ambitious brands.

Jack in the Box's online ordering and integrated mobile app features a full array of capabilities including full menu ordering, customization options, location finder, product and restaurant information, flexible delivery or pickup options and an integrated loyalty...

Jack In The Box Inc. Promotes Del Taco’s Chief Operating Officer Chad Gretzema To Brand President

Jack in the Box Inc. announced today the promotion of Del Taco’s Chief Operating Officer Chad Gretzema to Del Taco Brand President. He replaces John Cappasola who has stepped down from his role as Del Taco President & Chief Executive Officer.

"Chad has been an instrumental part of the executive team at Del Taco that has compiled an impressive eight consecutive years of positive franchise same-store sales,” said Jack in the Box CEO Darin Harris. “He has been a champion..."