JACK - Jack In The Box: Investment Thesis Improving With New Team At Helm
- Jack In The Box is set to release its fiscal Q4 results later this month, with sales estimates currently sitting at ~$290 million, which would translate to nearly 14% growth.
- The company has seen a major shake-up in its leadership over the past 2 years, beginning with a new CEO, followed by new hires for the COO, CFO, and CMO positions.
- Armed with a new team and a laser focus on unit economics, mending franchisee relationships and building brand loyalty, the future looks bright if the team can execute.
- Based on the more positive outlook for unit growth and continued investments in digital and menu innovation, I would view any pullbacks below $91.50 as low-risk buying opportunities.
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Jack In The Box: Investment Thesis Improving With New Team At Helm