Financing
At Jack in the Box, weak sales and higher commodity costs hit profits
Same-store sales at the fast-food burger chain declined 7.4% last quarter as customers came in less often and spent less money when they did. Higher commodities also hit profit margins.
Financing
Topgolf to be acquired by private equity firm Leonard Green & Partners
The long-awaited spinoff deal has finally been announced. Parent Topgolf Callaway Brands plans to drop "Topgolf" from its name when the $1.1 billion deal is completed in early 2026.