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]

Core Insights - Del Taco is celebrating its 60th anniversary by reintroducing popular menu items, including Nacho Cheese and Shredded Beef Birria, to enhance customer engagement and drive sales [1][2][3] Product Offerings - The returning menu items include: - Shredded Beef Birria Tacos with consomé dip - Shredded Beef Birria Quesadilla with consomé dip - Shredded Beef Birria Ramen - New Shredded Beef Birria Grilled Combo Burrito with consomé dip [2] - Nacho Cheese items being reintroduced are: - Macho Nachos® with various toppings - Nacho Cheese Fries - Chips & Nacho Cheese [3] Promotions - Del Yeah!™ Rewards members can receive a free Snack-Sized Chips & Nacho Cheese with a minimum $3 purchase from May 16 to May 22, 2024 [3][4] Company Background - Founded in 1964, Del Taco operates nearly 600 restaurants across 16 states, serving over three million guests weekly [5] - The company emphasizes quality ingredients and fresh preparation methods, aligning with its "Better Mex" promise [5]

Core Insights - Del Taco is celebrating its 60th anniversary by reintroducing popular menu items, including Nacho Cheese and Shredded Beef Birria, to enhance customer engagement and drive sales [1][2][3] Product Offerings - The returning menu items include: - Shredded Beef Birria Tacos with consomé dip - Shredded Beef Birria Quesadilla with consomé dip - Shredded Beef Birria Ramen - New Shredded Beef Birria Grilled Combo Burrito with consomé dip [2] - Nacho Cheese items being reintroduced are: - Macho Nachos® with various toppings - Nacho Cheese Fries - Chips & Nacho Cheese [3] Promotions - Del Yeah!™ Rewards members can receive a free Snack-Sized Chips & Nacho Cheese with a minimum $3 purchase from May 16 to May 22, 2024 [3][4] Company Background - Founded in 1964, Del Taco operates nearly 600 restaurants across 16 states, serving over three million guests weekly [5] - The company emphasizes quality ingredients and freshly prepared menu items, aligning with its "Better Mex" promise [5]

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 ...

Jack in the Box Inc. (NASDAQ:JACK) Q2 2024 Earnings Conference Call May 14, 2024 11:00 AM ET Company Participants Chris Brandon - Vice President, Investor Relations Darin Harris - Chief Executive Officer Brian Scott - Executive Vice President and Chief Financial Officer Conference Call Participants Brian Bittner - Oppenheimer Lauren Silverman - Deutsche Bank Nick Setyan - Wedbush Securities Gregory Francfort - Guggenheim Securities Alton Stump - Loop Capital Jon Tower - Citi Dennis Geiger – UBS Chris O'Cull ...

Key PointsJack in the Box struggles in Q2, but re-franchising efforts are gaining traction. Guidance was maintained with weak comps but widening margins. Analysts view this stock as a deep value with a potential for a 50% upside. 5 stocks we like better than Jack in the BoxJack in the Box NASDAQ: JACK share prices tumbled over the last year as the Del Taco acquisition weighed on sentiment, but the rebound is on, and the upside looks tasty. The acquisition was questionable, and the rationalization of the bus ...

Jack In The Box (JACK) reported $365.35 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 7.7%. EPS of $1.46 for the same period compares to $1.47 a year ago.The reported revenue represents a surprise of -1.18% over the Zacks Consensus Estimate of $369.72 million. With the consensus EPS estimate being $1.43, the EPS surprise was +2.10%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...

Relatively strong profits were a bright spot in an otherwise dull report.Shares of fast-food company Jack in the Box (JACK 2.26%) popped on Tuesday after the company reported financial results for its fiscal second quarter of 2024. As of 11:30 a.m. ET, Jack in the Box stock was up 5%, but it had been up about 10% earlier in the day.Here's why the stock is giving back some gainsThe fiscal second quarter for Jack in the Box ended on April 14. And after looking at the numbers, I'm not surprised to see the stoc ...