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home / news releases / JACK - Jack in the Box FQ2 sales impacted consumer spending higher CA wages

JACK - Jack in the Box FQ2 sales impacted consumer spending higher CA wages

Jack In The Box Inc.

2024-05-14 09:49:09 ET

A shift in consumer spending, macro headwinds, and a minimum wage hike in California all contributed to lower sales for Jack in the Box ( NASDAQ: JACK ) for FQ2 , although the company’s profit and margins were protected by the addition of company-owned restaurants and commodity deflation....

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Jack in the Box FQ2 sales impacted consumer spending, higher CA wages
Stock Information
Company Name: Jack In The Box Inc.
Stock Symbol: JACK
Market: NASDAQ
Website: jackinthebox.com
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