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BUSINESS
February 9, 1993 | From Times Wire Services
Foodmaker Inc., whose Jack in the Box fast-food unit has been linked to a wave of food poisonings in the West, reported record earnings, up 354%, for the first quarter of fiscal 1993. However, the company said comparable-restaurant sales for Jack in the Box plunged 30% to 35% during the second and third week after media attention focused on the food poisonings. The company stopped product advertising during that time. Foodmaker earned $10.9 million, or 28 cents a share, in the quarter ended Jan.
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BUSINESS
February 9, 1993 | From Times Wire Services
Foodmaker Inc., whose Jack in the Box fast-food unit has been linked to a wave of food poisonings in the West, reported record earnings, up 354%, for the first quarter of fiscal 1993. However, the company said comparable-restaurant sales for Jack in the Box plunged 30% to 35% during the second and third week after media attention focused on the food poisonings. The company stopped product advertising during that time. Foodmaker earned $10.9 million, or 28 cents a share, in the quarter ended Jan.
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BUSINESS
October 13, 1987 | CHRIS KRAUL, San Diego County Business Editor
Once just another "hamburgers, French fries and milkshakes" chain strung out across America, Jack in the Box lost big in the early 1980s in its effort to "out-McDonald's McDonald's," as Chairman Jack Goodall puts it. Today, the approach of the chain of fast-food restaurants run by San Diego-based Foodmaker Inc. bears little resemblance. It has radically shifted its market focus, conceding the "children and family-oriented" fast-food market to McDonald's.
BUSINESS
October 13, 1987 | CHRIS KRAUL, San Diego County Business Editor
Once just another "hamburgers, French fries and milkshakes" chain strung out across America, Jack in the Box lost big in the early 1980s in its effort to "out-McDonald's McDonald's," as Chairman Jack Goodall puts it. Today, the approach of the chain of fast-food restaurants run by San Diego-based Foodmaker Inc. bears little resemblance. It has radically shifted its market focus, conceding the "children and family-oriented" fast-food market to McDonald's.
BUSINESS
May 16, 1989
Jack W. Goodall Jr. has been selected 1989 Distinguished Alumnus of the San Diego State University College of Business Administration.
BUSINESS
January 28, 1994
Family Restaurants Inc. said Thursday that it has completed a reorganization that makes it one of the largest operators of full-service restaurants in the nation. The company, formerly Restaurant Enterprises Group Inc., now encompasses 682 restaurants, operated primarily under the names of Carrows, Coco's, Chi-Chi's, El Torito and Casa Gallardo.
SPORTS
August 1, 1990
The San Diego Padres will switch their team colors from brown and orange to navy blue and orange starting next season. The club has worn brown as its predominant color since entering the National League as an expansion franchise in 1969. In 1985 the Padres switched to orange trim after having used yellow and then a combination of yellow and orange. The old Padres of the Pacific Coast League had navy blue as their main color.
BUSINESS
August 11, 1993 | From Reuters
Foodmaker Inc. said Tuesday it has reached settlements with franchisees representing about 90% of Jack in the Box restaurants over a lawsuit filed by the chain's national franchise association last month. In July, a number of franchisees sued Foodmaker over a bacterial food illness in the Pacific Northwest in January. Some 500 people were reported stricken by the illness, and three children died--two as the result of eating tainted meat.
CALIFORNIA | LOCAL
July 21, 1988
The parent company of Jack-In-The-Box restaurants said Wednesday that the corporation will donate $5,000 to replace a cross on a Rancho Bernardo mountaintop that was destroyed by vandals. Durwin Long, a spokesman for Foodmaker Inc., said the donation will be made in the name of Jack Goodall, president and chief executive officer of the San Diego-based company.
BUSINESS
March 8, 1995
Family Restaurants Inc., owner of the Chi-Chi's, El Torito, Coco's and Carrow's restaurant chains, confirmed Tuesday that it is seeking a successor to Jack Goodall as chief executive officer. Goodall, who is chairman and CEO of both Irvine-based Family Restaurants and San Diego-based Foodmaker Inc., has been splitting his time between the two operations for the past year.
BUSINESS
November 4, 1987
Foodmaker Inc., which operates and franchises 898 Jack in the Box restaurants, reported that net income for the fourth quarter ended Sept. 30 more than doubled to $4.4 million, contrasted with $2.1 million during the fourth quarter of the previous year. Fourth-quarter revenue increased by 10% to $146.5 million from $132.8 million. Net income for the fiscal year ended Sept. 30 rose by 51% to $13.9 million from $9.2 million during the previous fiscal year. Revenue rose by 7% to $598.
BUSINESS
January 8, 1994 | GREG JOHNSON, TIMES STAFF WRITER
Clearing the way for what would be the largest coast-to-coast chain of sit-down Mexican-style restaurants, a bankruptcy judge in Delaware on Friday approved Restaurant Enterprises Group Inc.'s reorganization plan. In a complicated recapitalization to be completed later this month, Foodmaker Inc. in San Diego and two investment partners will acquire Irvine-based REG, which operates the El Torito Mexican restaurant chain and the Carrows and Coco's chains.
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