Exhibit 99.1 Contact: Chris Brandon Vice President, Investor Relations chris.brandon@jackinthebox.com 619.902.0269 Jack in the Box Inc. Reports Third Quarter 2024 Earnings Jack in the Box same-store sales of (2.2%) Del Taco same-store sales of (3.9%) Jack in the Box systemwide sales of (1.3%); Del Taco systemwide sales of (3.2%) Diluted loss per share of ($6.26), including a $162.6 million non-cash goodwill impairment charge for Del Taco Operating EPS of $1.65 Jack in the Box signed 3 development agreements ...

Jack In The Box (JACK) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 6. ...

LAKE FOREST, Calif., July 11, 2024 (GLOBE NEWSWIRE) -- In an era where customers are struggling to find high-quality fast-food options at affordable prices, Del Taco, the nation’s second-largest Mexican quick service restaurant**, is aiming to deliver on its promise of providing guests with the best quality and value with their NEW Del’s Real Deal$™ Menu. With a variety of 15 items all available at $2 and under, the new value menu features tacos, burritos, nachos, snacks, and snack-sized chips & fresh hous ...

Core Insights - Del Taco introduces the NEW Del's Real Deal$™ Menu featuring 15 items priced at $2 and under, aimed at providing high-quality fast food at affordable prices [1][2][3] - The menu includes a variety of items such as tacos, burritos, nachos, and snacks, emphasizing the use of real ingredients made from scratch [1][2][3] - The addition of snack-sized chips and fresh house-made guacamole enhances the value menu, reinforcing Del Taco's commitment to quality and affordability [2][3] Company Overview - Del Taco is the second-largest Mexican quick service restaurant in the United States, serving over three million guests weekly across nearly 600 locations in 17 states [6] - The company prides itself on using real, quality ingredients in its menu items, which are prepared fresh in each restaurant's kitchen [5][6] - Founded in 1964, Del Taco combines Mexican and American favorites, offering a unique dining experience with the convenience of a drive-thru [5][6]

Core Insights - Chipotle Mexican Grill announced the retirement of CFO Jack Hartung, effective March 31, 2025, after nearly 25 years with the company [1][2] - Adam Rymer, a 15-year veteran of Chipotle, will succeed Hartung as CFO starting January 1, 2025 [1][2] - Jamie McConnell will take on the role of Chief Accounting and Administrative Officer on January 1, 2025, also reporting to Rymer [1][4] Leadership Transition - Jack Hartung has served as CFO since 2002 and has been instrumental in Chipotle's growth, overseeing the expansion from fewer than 200 restaurants to over 3,500 [3][4] - Adam Rymer has been with Chipotle since 2009, currently serving as Vice President of Finance, and has been mentored by Hartung throughout his career [2][3] - Jamie McConnell joined Chipotle in 2018 and currently serves as Vice President, Controller, with responsibilities across various financial functions [4] Company Overview - Chipotle operates nearly 3,500 restaurants across multiple countries and is recognized for its commitment to serving responsibly sourced, real food [5] - The company is ranked on the Fortune 500 and is included in Fortune's Most Admired Companies 2024 list [5] - Chipotle emphasizes making food accessible while leading in digital, technology, and sustainable business practices [5]

Jack in the Box Inc. (JACK) , known for its diverse portfolio in the fast-food industry, is pushing forward with its aggressive expansion strategy, particularly through its Del Taco brand. The company announced the opening of a new Del Taco location at 3209 E Colonial Drive in Orlando, FL. This company-owned location is the sixth Del Taco in Orlando and one of six new Del Taco restaurants slated to open in Florida this year.The new Orlando outlet features Del Taco’s modern Fresh Flex design, aimed at enhanc ...

Core Insights - Del Taco has opened a new location in Orlando, Florida, marking its sixth restaurant in the area and part of a broader expansion in the state with six new openings this year [1][2] - The new restaurant features a modernized Fresh Flex design, including dual drive-thru lanes and order pick-up lockers, enhancing customer convenience [1] - Del Taco's menu includes a variety of items made with high-quality ingredients, emphasizing fresh preparation in-house [2][4] Expansion and Community Engagement - The opening aligns with Del Taco's 60th anniversary and reflects the company's commitment to expanding its presence in Florida [2] - The company aims to strengthen its connection with the Orlando community by welcoming both returning and new customers [2] Menu Highlights - The new location will offer Del Taco's classic menu, including tacos, Epic Burritos®, quesadillas, and the return of the beef birria menu, available for a limited time [3] - The beef birria is prepared with traditional spices and served with flavorful consomé broth, available in various dishes [3] Company Overview - Founded in 1964, Del Taco operates nearly 600 restaurants across 16 states, serving over three million guests weekly [4] - The company prides itself on using quality ingredients and preparing menu items from scratch, ensuring better taste and value for customers [4]

Core Viewpoint - Jack In The Box reported mixed Q2 fiscal 2024 results, with earnings exceeding estimates but revenues falling short, indicating potential challenges ahead [2][3]. Earnings & Revenues Details - Operating earnings per share (EPS) for Q2 were $1.46, surpassing the Zacks Consensus Estimate of $1.43, but down 0.7% from $1.47 in the prior year [3]. - Quarterly revenues totaled $365.3 million, missing the consensus mark of $370 million by 1.2%, and declined 7.7% year-over-year, primarily due to Del Taco's refranchising efforts [3]. - Franchise rental revenues increased by 2.8% year-over-year to $85.8 million, while franchise royalties and other revenues rose by 2% to $55.1 million, exceeding projections [3]. Comps Discussion - Same-store sales at Jack In The Box stores fell by 0.6% year-over-year, contrasting with a 10.6% growth in the prior year [5]. - Franchised store same-store sales declined by 2.6% year-over-year, compared to a 9.4% increase in the previous year [5]. - Systemwide same-store sales decreased by 2.5% year-over-year, down from 9.5% growth reported a year ago, attributed to reduced transactions and a delay in product launches [5]. Operating Highlights - The total restaurant-level adjusted margin improved to 20.8% from 19.2% in the prior year, driven by additional company-owned restaurants and commodity deflation [7]. - Food and packaging costs as a percentage of company restaurant sales decreased by 180 basis points to 27.5% [7]. - Selling, general, and administrative expenses accounted for 10.3% of total revenues, slightly above the estimated 10.2% [8]. Balance Sheet - As of April 14, 2024, cash stood at $20.2 million, down from $157.7 million on October 1, 2023, while long-term debt was $1.71 billion [9]. - The company repurchased 0.2 million shares for $15 million during the quarter and has $210 million available under its share repurchase program [9]. - A cash dividend of 44 cents per share was declared, payable on June 25, 2024 [9]. Fiscal 2024 Outlook - For fiscal 2024, the company anticipates Adjusted EBITDA between $325 million and $330 million, with same-store sales expected to be flat to low single digits [10]. - Operating EPS for fiscal 2024 is projected to be in the range of $6.25 to $6.40 [10]. - Consensus estimates have trended downward, with a shift of -6.01% noted [10]. VGM Scores - Jack In The Box has a poor Growth Score of F and a similar score for momentum, but a strong value score of A, placing it in the top quintile for value investment strategy [11]. Industry Performance - Jack In The Box operates within the Zacks Retail - Restaurants industry, where competitor Starbucks reported a revenue decline of 1.8% year-over-year [13]. - Starbucks' EPS for the last quarter was $0.68, down from $0.74 a year ago, with a projected earnings decline of 6% for the current quarter [13].

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 ...