ORLANDO, Fla., June 19, 2024 (GLOBE NEWSWIRE) -- Del Taco, the nation's second-largest Mexican quick service restaurant*, announces the opening of its new location at 3209 E Colonial Drive in Orlando, Florida. The company-owned location is the sixth Del Taco in Orlando and one of six new Del Taco restaurants opening in the Sunshine state this year. Unveiling its modernized Fresh Flex restaurant in Orange County, Del Taco showcases its upgraded amenities, including dual drive-thru lanes and order pick-up loc ...

It has been about a month since the last earnings report for Jack In The Box (JACK) . Shares have added about 4.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Jack In The Box due for a pullback? 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 catalysts. Jack in the Box Q2 Earnings Top Estim ...

Jack in the Box Inc. (JACK) announced an ambitious plan to open 15 new locations in Georgia. This significant development agreement marks the company's first foray into the Peach State, underscoring its strategic expansion in the Southeastern United States.Tim Linderman, JACK's chief development officer, highlighted that this franchise commitment represents a substantial advancement in the company's growth strategy. Jack in the Box's 24/7 menu is set to attract Georgia's thriving business environment and ro ...

Jack in the Box Inc. (JACK) continues to secure development agreements with new franchisees in Florida. The company recently secured new franchise commitments with expansion plans in Tallahassee and Orlando.Florida's significant population growth and business-friendly environment are considered key factors for driving the expansion. JACK secured more than 400 new franchise commitments in the past three years, nearly 10% of which are planned for Florida.The franchise expansion details include future developm ...

TALLAHASSEE, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- Today Del Taco, the nation's second-largest Mexican quick service restaurant,* announced the opening of its new Fresh Flex location at 2410 Apalachee Parkway, Tallahassee, FL 32301. This marks Del Taco's tenth location in Florida and the third restaurant for franchise organization, Consolidated Taco Holdings, now expanding their footprint in the state capital. The location is designed in Del Taco's signature Fresh Flex layout, a bold, modernized design wit ...

Jack in the Box Inc. (JACK) is likely to benefit from franchise developments, digital initiatives and menu innovation. Also, its focus on the CRAVED reimage program bodes well. However, dismal comps and wage inflation are a concern.Let us discuss the factors that highlight why investors should retain the stock now.Growth CatalystsJACK continues to collaborate with its franchisees and leverage guest insights to ensure value remains a competitive advantage for both brands. During second-quarter fiscal 2024, J ...

Core Insights - Del Taco has opened its newest Fresh Flex location in Port Orange, Florida, marking its first establishment in the area and the second owned by the Singh Group [1][2] - The new restaurant features modern design elements, upgraded amenities, and extended operating hours, serving customers from 10 a.m. to 12 a.m. on weekdays and until 2 a.m. on weekends [1][2] Company Overview - Del Taco is the second-largest Mexican quick service restaurant in the U.S., serving over three million guests weekly across nearly 600 locations in 16 states [4] - The menu includes a variety of Mexican and American favorites, with a focus on high-quality ingredients prepared fresh in-house [4] Menu and Quality - The restaurant offers a classic menu featuring tacos, Epic Burritos®, quesadillas, beverages, and Crinkle-Cut fries, all made with fresh ingredients like grilled chicken, carne asada steak, and house-made guacamole [2][4] - Del Taco emphasizes its commitment to quality by preparing menu items from scratch, ensuring better taste and value for customers [4]

LAKE FOREST, Calif., May 16, 2024 (GLOBE NEWSWIRE) -- Del Taco, the nation’s second-largest Mexican quick service restaurant,* is bringing back a variety of fan favorites to celebrate summer! For a limited time, savory shredded beef birria is back by popular demand with ramen, street tacos, a quesadilla, and the NEW Birria Grilled Combo Burrito – all of these served with a warm, flavorful consomé. And after years of relentless requests to bring back the wildly popular Nacho Cheese, Del Taco is treating thei ...

LAKE FOREST, Calif., May 16, 2024 (GLOBE NEWSWIRE) -- Del Taco, the nation's second-largest Mexican quick service restaurant,* is bringing back a variety of fan favorites to celebrate summer! For a limited time, savory shredded beef birria is back by popular demand with ramen, street tacos, a quesadilla, and the NEW Birria Grilled Combo Burrito – all of these served with a warm, flavorful consomé. And after years of relentless requests to bring back the wildly popular Nacho Cheese, Del Taco is treating thei ...

Jack in the Box Inc. (JACK) reported mixed second-quarter fiscal 2024 results, with earnings beating the Zacks Consensus Estimate and revenues missing the same. The top and the bottom line declined from the prior-year quarter’s levels.Earnings & Revenues DetailsDuring the fiscal second quarter, operating earnings per share (EPS) came in at $1.46 per share, beating the Zacks Consensus Estimate of $1.43. The metric dropped 0.7% from $1.47 reported in the prior-year quarter.Quarterly revenues of $365.3 million ...