JACK News and Press, Jack In The Box Inc. From 03/19/22

Cowen named its favorite restaurants stocks after taking a deep dive into the sector. The firm warned that even with improved labor developments, input costs will be broadly challenged by surging oil prices as soft commodity prices typically follow oil. A side effect of higher gas prices is t...

Two out of the three new deals announced last week were potential deals in the works. Google is paying $5.4 billion to acquire Mandiant. Four SPAC Business Combinations terminated last week. For further details see: Merger Arbitrage Mondays: Google Acquires Cybersecurity...

Jack in the Box Inc. (JACK -0.9%) closed on the $585M acquisition of Del Taco Restaurants (NASDAQ:TACO). The company said Jack in the Box and Del Taco are now positioned as stronger QSR players with greater scale and the ability to enhance the guest experience while pursuing profitable g...

Jack in the Box Inc. (NASDAQ: JACK) announced today that it has completed its previously announced acquisition of Del Taco Restaurants, Inc. (NASDAQ: TACO) for approximately $585 million. With the close of the acquisition, Jack in the Box and Del Taco are now positioned as stronger ...

Could Now Be The Time To Invest In Restaurant Stocks? At the start of the pandemic, restaurant stocks in the stock market were thoroughly battered by the severe restrictions and mandates on dining. As such, restaurants were forced to switch to pickup and delivery operations. Fas...

Gordon Haskett dropped its rating on Jack in the Box (NASDAQ:JACK) to Hold from Buy after it warned on more modest market share gains in 2022, as well as reduced margin/EPS visibility and higher commodity inflation exposure for the restaurant operator through the Del Taco acquisition. Analyst...

David Einhorn's 13F stock portfolio value increased from $1.49B to $1.75B this quarter. Greenlight increased Capri Holdings, ODP Group, Livanova, & Victoria’s Secret while reducing Twitter, Concentrix, & EchoStar. They also added Global Payments while dropping AerCap an...

Jack in the Box reported its Q1 results which beat the EPS estimate with positive same store sales growth. Industry wide inflationary cost pressures have limited margins and represents a headwind over the next few quarters. The company's pending acquisition of 'Del Taco Restaurant...

Jack in the Box Inc. (JACK) Q1 2022 Earnings Conference Call February 23, 2022 10:30 A.M. ET Company Participants Chris Brandon - Vice President of Investor Relations Tim Mullany - Chief Financial Officer Darin Harris - Chief Executive Officer Conference Call Participants Brian Bittner - Oppe...

Jack in the Box (NASDAQ:JACK) fell in early trading on Wednesday after a slight miss with its FQ1 revenue tally. System same-store sales increased 1.2% during the quarter, comprised of franchise same-store sales of 1.4%, with increases in average check partially offset by a decrease in traffi...