JACK - Jack in the Box tests new dine-out-only restaurant prototype

Jack in the Box Inc. ( NASDAQ: JACK ) announced the opening of a new location in Tulsa, Oklahoma in a test of a new off-premise-only restaurant concept that could be expanded.

The company said the restaurant prototype was designed to meet the continued increasing demand for drive-thru service and digital ordering. The small-sized location features a double y-lane drive-thru, a walk-up window for ordering, dual assembly kitchens and a dedicated pick-up window for mobile and third-party delivery orders.

"The goal of the new prototype is to reduce buildout costs by around 20%, while also increasing real estate flexibility. The new model is designed for free-standing locations, but can be adapted to fit in a variety of spaces such as C-stores, travel plazas, and end-cap locations."

Shares of JACK gained 3.70% in mid-day trading on Tuesday.

Jack in the Box is due to report earnings on November 22.

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