Jack in the Box

Financing

Jack in the Box reaches a 'turning point' in its bid for growth

The fast-food burger chain has new deals to open restaurants in Florida and Arkansas, bringing the first new franchisees into the brand in years. And it is turning around its restaurants in St. Louis.

Financing

Sardar Biglari takes a stake in Jack in the Box

The chairman of Biglari Holdings, the owner of Steak n Shake, has acquired 5.5% of the shares in the fast-food chain operator. But the investment is passive, for now.

The fast-food operator, which also operates Del Taco, named Dawn Hooper its principal financial officer.

The Bottom Line: Executives argued that “synergies” made the deal more palatable. But it’s taking a while for those cost savings to take hold. Investors have responded accordingly.

The burger chain’s stock was hammered Tuesday as inflation and investments ate into its profits. The company is taking operational steps to improve margins, such as new cheese pumps.

The burger chain unveiled a takeout-only prototype in Oklahoma. The company believes it could be key to its growth plans. Here's a look at the details.

The fast-food chain is making a big push to expand outside of California and Texas and views non-traditional locations as fertile ground.

The burger chain, eager to spur unit growth, is giving franchisees a break on royalties over four years if they agree to open at least three locations.

The company, which also owns Del Taco, said sales accelerated at the end of last quarter, while more dining rooms reopen and supply chain disruptions ease.

The Star Wars actor was once fired for doing impersonations in the drive-thru. He will appear in ads highlighting the return of Jack in the Box’s Spicy Chicken Strips and French Toast Sticks.

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