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JACK - Jack In The Box: Value Creation Formula Being Ignored By Wall Street
Jack In The Box Inc.
Shares of Jack in the Box (JACK) understandably have been shunned by Wall Street in recent years. Before divesting its Qdoba chain in 2018, investors could not really put the company in a particular box (pun intended) as it owned a mostly franchised fast food operation (Jack in the Box), as well as a mostly owned and operated fast casual banner (Qdoba). No matter how the company decided to refocus, it stood to reason that both chains operating on a standalone basis would perform better. Lately, JACK's same-store sales have accelerated (+1.3% in