Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Jack In The Box Is Closing 200 Restaurants—Is This the Next Chain To Go Under? [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
see how that goes...), Red Robin shuttering 70 of its locations, and TGI Friday's filing for bankruptcy all in the span of six months. Is this a sign of the times? Apparently so. Jack in the Box is the latest franchise to announce a big streamlining of its locations, announcing the closure of 150–200 underperforming restaurants. The move comes in a bid to help improve the long-term financial success of the company. During an investment meeting earlier this week, CEO Lance Tucker stated that, "Jack in the Box operates at its best, and maximizes shareholder return potential, within a simplified and asset-light business model." Part of his strategy is to shutter these underperforming locations as a way to "return to simplicity for the Jack in the Box business model and investor story,” he said. The company plans to close between 80 and 120 restaurants by the end of 2025, with the remainder of the underperforming restaurants to close afterward, "based upon respective franchise agreement Show less Read more
Impact Snapshot
Event Time:
JACK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for JACK alerts
Opt-in for
JACK alerts

from News Quantified
Opt-in for
JACK alerts

from News Quantified