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Stock impact report

56-year-old burger chain franchisee closes store, no bankruptcy [Yahoo! Finance]

Jack In The Box Inc. (JACK) 
Last jack in the box inc. earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Jack in the Box is among the burger chains seeking to cut costs by closing restaurant locations. The fast-food chain launched its Jack on Track turnaround program in April 2025, which called for the company to close 150-200 underperforming restaurants, with up to 120 closed by Dec. 31, 2025. The remaining underperforming restaurants would close as franchise agreements terminate. Burger chain franchisor CKE Restaurants Holdings , which franchises Hardee's and Carl's Jr restaurants, has been in a battle with some of its franchisees as it tries to collect revenue, such as franchise fees, digital fees, advertising fees, and rent. CKE Restaurants operates over 3,800 Hardee's and Carl's Jr. restaurants across 44 states and 43 countries. CKE affiliate Hardee's Restaurants LLC sued franchisee ARC Burger LLC, which owned 80 Hardee's locations, for alleged breach of contract, seeking to recover over $6.5 million in unpaid franchise fees and other obligations, according to Law.com The Show less Read more
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