Wall Street expects a year-over-year decline in earnings on lower revenues when Jack In The Box (JACK) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 14. On ...

DEFUNIAK SPRINGS, Fla., May 02, 2024 (GLOBE NEWSWIRE) -- Del Taco, the nation's second-largest Mexican quick service restaurant*, announced today the opening of its new Fresh Flex location at 2760 S. Hwy 331. It is the second restaurant for franchise organization, Consolidated Taco Holdings, and uses the all-new Fresh Flex layout, which features a bold, modernized design and innovative layout changes to optimize the guest experience. The DeFuniak Springs restaurant will welcome guests with a contemporary an ...

Jack in the Box Inc. (JACK) has unveiled a strategic partnership with Qu, a leading unified commerce platform, to modernize its restaurant infrastructure. Leveraging Qu's enterprise cloud platform, Jack in the Box aims to achieve 20% digital sales by 2026. The collaboration signifies JACK's commitment to innovation and growth in the highly competitive QSR market.Through Qu's cloud-native POS and open architecture, Jack in the Box will introduce a slew of digital enhancements, including AI-enabled voice orde ...

Jack in the Box Inc. (JACK) is benefiting from menu innovation, focus on delivery channels and marketing strategies. It is investing aggressively in store improvements and new store build. However, high costs remain a concern.Growth DriversMenu innovation is one of the primary characteristics of JACK. It is the nation’s one of the largest hamburger chains. The company is continuously working on maintaining the uniqueness of its brand, menu and premium food offerings.Jack in the Box continues to focus on dri ...

BETHESDA, Md., April 11, 2024 (GLOBE NEWSWIRE) -- Today Qu announced that Jack in the Box, Inc. is modernizing all of its Jack in the Box and Del Taco restaurants using Qu's unified commerce platform. The visionary brand that introduced the two-way intercom at the drive-thru in 1951 is bolstering its innovation roots by partnering with Qu as the foundation for Jack in the Box's digital-focused store of the future. Jack in the Box will leverage Qu's enterprise cloud platform to fuel multi-brand, omni-channel ...

It has been about a month since the last earnings report for Jack In The Box (JACK) . Shares have lost about 2.6% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Jack In The Box due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Jack in the Box Q1 Earnings Match Esti ...

Core Viewpoint - Jack in the Box Inc. (JACK) is expected to benefit from menu innovation, digital initiatives, and expansion efforts, while facing challenges from labor and utility inflation [1] Factors Driving Growth - Emphasis on Menu Innovation: The company is focused on maintaining brand uniqueness and enhancing breakfast offerings through digital channels. New value menu items and deals are set for release in 2024, including a $3 wrap and a $10 Fan Phase, along with promotions like two tacos for 99 cents [2] - Improving Delivery Channels: JACK is investing in third-party delivery services and digital operations, reporting a 12% year-over-year growth in digital sales during the first quarter of fiscal 2024. The implementation of a new point-of-sale system aims to enhance automation and efficiency [3] - Focus on Franchising to Drive Growth: The company is working on improving franchisee relationships and announced two new franchise agreements during the first quarter of fiscal 2024, expanding into Florida and Michigan [4] - Del Taco to Drive Growth: Del Taco reported a 2.2% increase in same-store sales during the first quarter of fiscal 2024, driven by a successful Birria promotion [4][5] Concerns - Recent Performance: JACK's shares have decreased by 0.1% over the past six months, contrasting with a 7.7% rise in the industry, primarily due to wage and utility inflation [6] - Margin Contraction: Del Taco's restaurant level margin contracted by 50 basis points year over year to 15.6%, influenced by wage inflation of approximately 3.2% and increased utility costs [7]

Core Viewpoint - Jack In the Box shares have been underperforming compared to peers, but analysts see a potential entry opportunity with a target upside of 30% [1][4] Recent Performance - Jack In the Box shares are down over 10% from their peak in January, currently trading at levels last seen in 2014 [1] - The company reported a revenue contraction of more than 7% year on year, missing analyst expectations [2] Analyst Sentiment - Wedbush upgraded Jack In the Box from Neutral to Outperform, raising the price target to $88, indicating a 20% upside [2][3] - Oppenheimer also reiterated an Outperform rating with a price target of $98, suggesting a projected upside of approximately 30% [4] Valuation Comparison - Jack In the Box is trading at a 45% discount compared to franchised quick service restaurant peers, with a price-to-earnings (PE) ratio of 13, significantly lower than McDonald's at 24 and Chipotle's at 62 [3] Technical Analysis - Shares are expected to consolidate in the low $70s, with a critical support level established above $72, which is essential for a potential upward movement towards the price targets set by analysts [5]

Group 1 - Jack in the Box is offering a free Oreo® Cookie Mint Shake with any $1 minimum purchase on St. Patrick's Day through the Jack app or website [1] - The Oreo® Cookie Mint Shake has been a popular seasonal item since its introduction in 2011, becoming a St. Patrick's Day staple for fast food fans [1] - The shake features real Oreo® cookie pieces, whipped cream, and a cherry, and will be available nationwide until mid-April starting at $5.49 [2] Group 2 - Jack in the Box Inc. operates and franchises Jack in the Box®, one of the largest hamburger chains in the U.S. with over 2,180 locations across 21 states [3] - The company also operates Del Taco®, the second largest Mexican-American QSR chain in the U.S. with approximately 600 restaurants across 15 states [3] - For more information on franchising opportunities, the company provides resources on its websites [3]

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