Decades-old fast-food chain faces closure fight with franchise owner [Yahoo! Finance]
Jack In The Box Inc. (JACK)
Last jack in the box inc. earnings: 2/19 04:05 pm
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Source: Yahoo! Finance
The fast-food chain has filed for a restraining order in Washington State court to stop franchisee AJP Enterprises from shuttering the restaurants across the Seattle area. According to court filings , the franchisee had 30 days to rectify the default but chose not to. Despite the notice, AJP Enterprises informed Jack-in-the-Box of its intention to begin closing the remaining locations. Shutdowns are expected to occur by April 22 unless the default notice is withdrawn, according to Restaurant Business Online Jack-in-the-Box argues that the franchisee has “no contractual right” to close its restaurants. Therefore, it is seeking immediate court intervention. The reasoning behind the move is that unauthorized closures could harm the brand equity, disrupt local markets, and create broader operational risks. Franchise law experts at Franzy have noted that such agreements usually limit a franchisee's ability to one-sidedly shut down locations, especially when financial obligations
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News
- Jack in the Box, Portillo's, and First Watch Shares Are Soaring, What You Need To Know [Yahoo! Finance]Yahoo! Finance
- This fast food chain won best burger. But eating there will cost you [USA TODAY]USA TODAY
- 75-year-old fast-food chain sues over dozens of store closures [Yahoo! Finance]Yahoo! Finance
- Jack In The Box (JACK) had its price target lowered by TD Cowen from $16.00 to $12.00. They now have a "hold" rating on the stock.MarketBeat
- Jack in the Box adds Eduardo Luz to its board of directors [Yahoo! Finance]Yahoo! Finance
JACK
Earnings
- 2/18/26 - Miss
JACK
Sec Filings
- 4/13/26 - Form 8-K
- 4/8/26 - Form 4
- 3/27/26 - Form SCHEDULE
- JACK's page on the SEC website