Core Message - Jack in the Box is celebrating its 75th anniversary with a year-long campaign featuring nostalgic menu items, exclusive collectibles, and special deals to thank its loyal customers [1][2][3] Group 1: Anniversary Celebration - The celebration includes the return of fan-favorite menu items, limited edition collectibles, and various promotions throughout the year [2][3] - The Chicken Supreme, a popular item first introduced in 1980 and retired in 2004, is making a comeback as part of the anniversary festivities [4] - The company is launching a special offer of 2 tacos for $0.75 on January 6, available exclusively through the Jack app for one day [5] Group 2: Collectibles and Promotions - Alongside the Chicken Supreme, Jack in the Box is introducing limited-edition collectible bag charms called Jibbis, which are included in the Chicken Supreme Munchie Meal [4] - The company plans to engage customers with 75 Days of Trivia throughout the year, offering in-app trivia questions related to key dates and fan-favorite moments [5][6] - Additional nostalgic menu items, exclusive merchandise, and surprises are expected throughout 2026 as part of the ongoing celebration [6] Group 3: Company Overview - Jack in the Box Inc. operates approximately 2,135 restaurants across 21 states and is one of the largest hamburger chains in the U.S. [8] - The company also operates Del Taco, the second largest Mexican-American QSR chain in the U.S. with around 575 restaurants across 18 states [8]

Core Viewpoint - Jack in the Box is launching its third annual Jackmas promotion, which aims to provide daily deals for customers during the holiday season, enhancing customer engagement and brand loyalty [1]. Group 1: Promotion Details - The Jackmas promotion will run from December 1 through December 24, offering Jack Pack® members a new deal every day via the Jack app [1]. - Each daily offer is specifically selected to keep customers engaged and satisfied throughout the holiday period [1]. Group 2: Customer Engagement - The promotion is designed to appeal to a wide audience, regardless of whether customers have been "naughty or nice," indicating an inclusive marketing strategy [1]. - The initiative aims to position Jack in the Box as a festive and enjoyable part of customers' daily routines during the holiday season [1].

Fund Performance - Prosper Stars & Stripes achieved a net return of +9.8% in Q3 2025, outperforming its peer group, which reported a total return of +3.8% [1] - Year-to-date, the fund returned +8.6%, compared to +13.6% for the HFRI and +10.4% for the Russell 2000 Index [1] - The fund's long book performed strongly, while the short book detracted from performance in both Q3 and year-to-date 2025 [1] Company Analysis: Jack in the Box Inc. - Jack in the Box Inc. (NASDAQ:JACK) had a one-month return of 27.36%, but its shares lost 58.48% over the last 52 weeks, closing at $19.46 with a market capitalization of $367.732 million [2] - The company faces challenges due to the K-shaped economy, where lower-income consumers are struggling with inflation, impacting spending in the food and beverage sector [3] - The rapid adoption of GLP-1 medications has disrupted consumption habits, leading to a reduction in average calorie intake by 16-39%, further complicating growth for companies like Jack in the Box [3] Industry Challenges - Restaurants are experiencing difficulties as consumers' strained budgets lead to reduced dining out, creating further downside for Jack in the Box [3] - The company lacks differentiation in its concept and is struggling to offset traffic headwinds, compounded by persistent input cost and labor pressures [3] - Jack in the Box's recent sale of its Del Taco brand for $115 million at 6.5X estimated EBITDA highlights the challenges in creating value within the industry and reflects a poor capital deployment record [3]

Core Insights - The restaurant industry is witnessing turnaround efforts from major players like Burger King, Starbucks, and Jack in the Box, each implementing specific strategies to reconnect with customers and improve performance [1][2][3]. Burger King - Burger King's "Reclaim the Flame" program has led to a 4-point increase in operating satisfaction for lunch and dinner year-over-year, achieving the highest levels since the program's launch in 2022 [2]. Starbucks - Starbucks launched the "Back to Starbucks" strategy, focusing on enhancing customer experience and operational excellence, resulting in a 5% global revenue growth and a 1% increase in global comparable store sales in Q4, marking its first positive quarter in seven quarters [4]. Jack in the Box - Jack in the Box is undergoing a turnaround with the "Jack on Track" initiative, which includes closing 150-200 underperforming restaurants, primarily in California and Texas, with 80-120 closures targeted by the end of 2025 [11][16]. - In Q4, Jack in the Box closed 38 restaurants under the block closure program, totaling 47 closures for the quarter, with expectations that these closures will enhance sales and profitability for remaining locations [7][8]. - The company reported a 7.4% decrease in same-store sales in Q4 2025, driven by a decline in transactions and unfavorable menu mix, despite some offset from menu price increases [12]. - Jack in the Box plans to sell Del Taco for $115 million to focus on its core brand and strengthen its balance sheet [16]. Financial Goals and Strategies - Jack in the Box aims to pay down $300 million in net debt within 12-18 months by halting stock dividends and accelerating the sale of company-owned real estate [16]. - The company projects stabilization of core earnings (EBITDA) in 2025 at $282-$292 million, excluding restructuring costs, and anticipates long-term net unit growth post-rationalization [18].

Core Insights - Jack in the Box Inc. experienced a more than 10% increase in share price despite reporting fourth-quarter adjusted earnings that fell short of expectations and significant declines in same-store sales across its brands [1][2] Financial Performance - Adjusted earnings per share were reported at $0.30, which is below the analyst estimates of $0.46 [1] - Revenue for the quarter was $326.2 million, slightly exceeding the consensus estimate of $324.77 million, but reflecting a 6.6% year-over-year decline [1] Same-Store Sales - Same-store sales for the Jack in the Box brand decreased by 7.4%, with company-operated restaurants down 5.3% and franchised locations down 7.6% [2] - Del Taco, which is in the process of being divested, reported a 3.9% decline in system-wide same-store sales [2] Operational Efficiency - The restaurant-level margin at Jack in the Box was 16.1%, down from 18.5% a year ago, attributed partly to operational inefficiencies related to the company's expansion in Chicago, where eight new restaurants were opened during the quarter [2] Future Projections - For fiscal 2026, the company projected same-store sales to range between -1% and +1% [3] - The company indicated that first-quarter results are expected to remain under pressure before showing sequential recovery throughout the year [3] - Jack in the Box plans to open approximately 20 new restaurants while closing 50 to 100 locations, primarily franchised units [3]

Group 1 - The article discusses the author's personal experiences and challenges in trading Jack in the Box Inc. (JACK) stock, indicating it has been an unsuccessful investment attempt [1] - The author has been involved in the logistics sector for nearly two decades and has a decade of experience in stock investing and macroeconomic analysis, focusing on ASEAN and NYSE/NASDAQ stocks [1] - The author diversified their portfolio by investing in various sectors, including banking, telecommunications, logistics, and hotels, and has holdings in both the Philippine and US markets [1] Group 2 - The author began trading in the US market in 2020 and has been using analyses from Seeking Alpha to compare with their own research in the Philippine market [1] - The article highlights the author's transition from using a relative's trading account to opening their own account, which increased their awareness of the US market [1] - The author emphasizes the importance of portfolio diversification, moving beyond traditional savings in banks and properties to include stock investments [1]

Group 1 - The article discusses the author's personal experiences and challenges in trading Jack in the Box Inc. (JACK) stock, indicating it has been an unsuccessful investment attempt [1] - The author has been involved in the logistics sector for nearly two decades and has a decade of experience in stock investing and macroeconomic analysis, focusing on ASEAN and NYSE/NASDAQ stocks [1] - The author diversified their portfolio by investing in various sectors, including banking, telecommunications, logistics, and hotels, and has holdings in both the Philippine and US markets [1] Group 2 - The author began trading in the US market in 2020 and has been using analyses from Seeking Alpha to compare with their own research in the Philippine market [1] - The article highlights the author's transition from using a relative's trading account to opening their own account, which reflects a growing awareness of the US market [1] - The author emphasizes the importance of portfolio diversification, moving beyond traditional savings in banks and properties to include stock investments [1]

Core Insights - Jack in the Box's shares increased by up to 12% following the release of its fiscal fourth-quarter results and expectations for fiscal 2026, despite being down for the year [1] Financial Performance - Fourth-quarter revenue decreased by 6.6% year over year to $326.2 million, but exceeded Wall Street estimates [3] - Adjusted earnings fell to $5.8 million, or $0.30 per share, a significant drop from $1.16 a year ago and below consensus forecasts [3] - Same-store sales declined by 7.4%, affected by weakened traffic at both company-operated and franchised restaurants [4] Future Outlook - Management described fiscal 2026 as a "rebuilding year," with expectations for same-store sales to range from a 1% decline to a 1% increase [5] - The company anticipates adjusted EBITDA of $225 million to $240 million for fiscal 2026, which is notable given its market capitalization of approximately $300 million [5] - Investment in the "Jack on Track" plan is planned for fiscal 2026, alongside the divestment of Del Taco to simplify operations and reduce debt [6]

Core Viewpoint - Jack In The Box, Inc. reported weaker-than-expected fourth-quarter earnings, with earnings per share of 30 cents, missing the analyst estimate of 45 cents, while quarterly revenue of $326.19 million beat expectations but declined from $349.29 million year-over-year [1]. Financial Performance - Quarterly earnings per share were 30 cents, below the expected 45 cents [1]. - Quarterly revenue was $326.19 million, surpassing the analyst estimate of $319.65 million but down from $349.29 million in the same quarter last year [1]. Market Reaction - Following the earnings announcement, Jack In The Box shares fell 2.6% to $14.00 in pre-market trading [2]. Analyst Ratings and Price Targets - TD Cowen analyst Andrew M. Charles maintained a Hold rating and lowered the price target from $21 to $16 [4]. - Goldman Sachs analyst Christine Cho maintained a Sell rating and reduced the price target from $17 to $15 [4]. - Oppenheimer analyst Brian Bittner maintained an Outperform rating and decreased the price target from $28 to $24 [4]. - Truist Securities analyst Jake Bartlett maintained a Hold rating and lowered the price target from $19 to $16 [4]. - Stifel analyst Chris O'Cull maintained a Hold rating and reduced the price target from $20 to $18 [4].

Core Viewpoint - Jack In The Box, Inc. reported weaker-than-expected fourth-quarter earnings, with earnings per share of 30 cents, missing the analyst estimate of 45 cents, while quarterly revenue of $326.19 million beat expectations but declined from $349.29 million year-over-year [1]. Financial Performance - Quarterly earnings per share were 30 cents, below the expected 45 cents [1]. - Quarterly revenue was $326.19 million, surpassing the analyst estimate of $319.65 million but down from $349.29 million in the same quarter last year [1]. Market Reaction - Following the earnings announcement, Jack In The Box shares fell 2.6% to $14.00 in pre-market trading [2]. Analyst Ratings and Price Targets - TD Cowen analyst Andrew M. Charles maintained a Hold rating and lowered the price target from $21 to $16 [4]. - Goldman Sachs analyst Christine Cho maintained a Sell rating and reduced the price target from $17 to $15 [4]. - Oppenheimer analyst Brian Bittner maintained an Outperform rating and decreased the price target from $28 to $24 [4]. - Truist Securities analyst Jake Bartlett maintained a Hold rating and lowered the price target from $19 to $16 [4]. - Stifel analyst Chris O'Cull maintained a Hold rating and reduced the price target from $20 to $18 [4].