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Jack In The Box Inc

BUSINESS
October 2, 2001 | Reuters
Southern California-based restaurant chains Jack in the Box Inc. and California Pizza Kitchen Inc. said earnings will be lower than expected as diners stayed away from restaurants after the attacks on the World Trade Center and the Pentagon. The chain operators also cited economic uncertainty, already weighing on some U.S. restaurants before the attacks, as a factor pressuring earnings. Shares of San Diego-based Jack in the Box fell $5, or 18%, to close at $23 on the New York Stock Exchange.
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BUSINESS
February 22, 2007 | From Bloomberg News
Jack in the Box Inc., the operator of its namesake restaurants and Qdoba Mexican Grill, said Wednesday that first-quarter earnings jumped 48% as it added menu items and costs fell. Profit beat some analysts' estimates, sending the shares up 10% to a record. Net income rose 48% to $37.4 million, or $1.03 a share, from $25.2 million, or 70 cents, a year earlier. Sales rose 5.4% to $856.7 million, the San Diego-based company said.
BUSINESS
August 11, 2005 | From Bloomberg News
The fast-food chain operator cites a lower tax rate for the results. Revenue rises 9%. Jack in the Box Inc., the San Diego-based operator of more than 2,033 fast-food restaurants, said Wednesday that fiscal third-quarter profit climbed 15%, helped by a lower tax rate. The company raised its net income forecast for the year to $2.52 a share from $2.46. It made $2.14 last year. Same-store sales are expected to climb 3%. Net income rose to $23.9 million, or 66 cents a share, from $20.
BUSINESS
November 22, 2006 | From Reuters
Hamburger chain Jack in the Box Inc. posted higher-than-expected quarterly profit Tuesday and said it would purchase as much as 15.5% of its stock in a tender offer. Lower costs for labor and most foods, including beef, and proceeds from the sale of restaurants in Hawaii helped lift earnings, the San Diego-based company said. Profit rose to $33.2 million, or 92 cents a share, in the fiscal fourth quarter ended Oct. 1, from $21.5 million, or 59 cents, a year earlier.
BUSINESS
July 2, 2003 | Elizabeth Kelly and Karen Robinson-Jacobs, Times Staff Writers
Next week Jack in the Box Inc. is rolling out its new turkey burger as a lower fat alternative to regular hamburgers. Nutritionists say this is just window dressing. There's virtually no difference in calories between the new Turkey Jack sandwich, the first turkey burger marketed by a major burger chain, and the company's Jumbo Jack hamburger.
BUSINESS
December 1, 2005 | From Reuters
Burger chain operator Jack in the Box Inc. reported a slight increase in quarterly profit Wednesday, citing growth at its Qdoba Mexican Grill chain, a lower tax rate and a gain from selling 12 restaurants. The company's shares gained as much as 7.6% before retreating. The shares closed 3 cents lower at $33.60. Jack in the Box, which operates or franchises more than 2,000 restaurants, reported net income of $21.5 million, or 59 cents a share, for it fiscal fourth quarter ended Oct. 2.
BUSINESS
January 21, 2003 | Karen Robinson-Jacobs, Times Staff Writer
Despite disappointing sales and flat earnings, Jack in the Box Inc. awarded its chief executive a 36% boost in salary and bonus and nearly doubled his stock options in fiscal 2002, according to a proxy statement filed with the Securities and Exchange Commission. Robert J. Nugent received $720,000 in salary plus $437,400 in bonus, part of his total compensation of $1.2 million, for the fiscal year ended Sept. 29, according to the statement, filed Jan. 13.
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