September 16, 2004 |
Jack in the Box Inc. on Wednesday forecast first-quarter and full-year sales and profit ahead of analysts' average estimates and said it might convert some of its hamburger chains into fast-casual restaurants. The San Diego company forecast earnings of 69 cents a share on revenue of $745 million for its fiscal first quarter ending in December, and $2.43 a share on revenue of $2.5 billion for the fiscal year 2005.
August 11, 2005 |
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.
November 22, 2006 |
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.
July 2, 2003 |
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.
December 1, 2005 |
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.
February 23, 2006 |
Restaurant chains Jack in the Box Inc. and IHOP Corp. reported earnings Wednesday that beat analysts' estimates. But although investors cheered the Jack in the Box results, sending its shares up more than 11%, they were less enthusiastic about IHOP. Jack in the Box said fiscal first-quarter net income dropped 0.8% to $25.2 million, or 70 cents a share, from $25.4 million, or 68 cents, a year earlier.
May 19, 2005 |
Jack in the Box Inc. on Wednesday raised its fiscal 2005 earnings forecast for a second time this year after fiscal second-quarter net income beat the company's forecast. The shares rose 10%. The San Diego-based fast-food chain said earnings for the fiscal year would be $2.46 a share. In February, it raised its forecast to $2.43 from $2.33. Sales at restaurants open at least one year would gain about 3% for the year ending Oct.
May 15, 2003 |
Fast-food chain operator Jack in the Box Inc. said Wednesday that its fiscal second-quarter profit fell 10%, weighed down by its biggest quarterly drop in sales at established restaurants since 1994. Net income fell to $16.3 million, or 44 cents a share, down from $18.2 million, or 45 cents, in a year ago. Still, the results beat analysts' estimates by 1 cent.