Financing
Jack in the Box enters its 75th anniversary year facing a lot of questions
The Bottom Line: The fast-food burger chain just sold Del Taco after just four years. Its sales are struggling badly. And it faces an activist investor in Sardar Biglari.
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.