Financing
At Jack in the Box, sales improvement with some California headwinds
California’s $20 fast-food wage is costing company restaurants $15 million, and franchisees a lot more. That’s putting a damper on some recent sales improvement.
Financing
California holds some surprises for Jack in the Box
Profitability for the burger chain and its sister concept, Del Taco, declined in the quarter, thanks to the state’s fast-food wage. But California was one of the company’s best sales markets.