JACK - Jack In The Box Is Offering A Win-Win Situation
Jack In The Box (JACK) has lost 29% since it peaked, about two years ago. The stock was richly valued back then and has been adversely affected by the intense competition in the fast-food sector. However, the stock has eventually become attractive, as it is now offering a win-win situation.
Business overview
Last week, Jack In The Box reported its results for the first quarter of fiscal 2019. The performance was very similar to the performance in the previous quarter. Comparable sales decreased 0.1% and thus lagged the 3.1% comparable sales growth of