Prices at California Chipotle, McDonald's and other fast-food chains are rising following minimum wage hike [FOX Business Network]
Jack In The Box Inc. (JACK)
Last jack in the box inc. earnings: 2/19 04:05 pm
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Source: FOX Business Network
"Chipotle said in an investor call Wednesday that prices at its nearly 500 California restaurants climbed 6% to 7% during the first week of April compared with last year, playing out across its menu," The Wall Street Journal reported Sunday. "The state isn't making it easy," Chipotle Chief Executive Brian Niccol reportedly said. "I feel ripped off a little," Greg LaVay said of rising prices at McDonald's. Prices for Chick-fil-A in Los Angeles are also putting the squeeze on customers. "The price for a spicy chicken sandwich at that location had gone up to $7.09 from $6.29, or 13%, since mid-February, according to research by Gordon Haskett Research Advisors," The Journal revealed. "Chick-fil-A's prices increased 10.6% on average in California during that time period, Gordon Haskett found." California's new law boosting the minimum wage for fast-food workers in the state to $20 an hour went into effect on April 1, impacting restaurants that have at least 60 locations nationw
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News
- Celebrate Summer With the Return of Shredded Beef Birria, Nacho Cheese and Funnel Cake FriesGlobeNewswire
- Jack in the Box Inc. (NASDAQ: JACK) had its "outperform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $75.00 price target on the stock.MarketBeat
- Jack in the Box Inc. (NASDAQ: JACK) had its price target lowered by analysts at Loop Capital from $118.00 to $112.00. They now have a "buy" rating on the stock.MarketBeat
- Jack in the Box (JACK) Q2 Earnings Top Estimates, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Jack in the Box Inc. (NASDAQ: JACK) had its price target lowered by analysts at Oppenheimer Holdings Inc. from $98.00 to $75.00. They now have an "outperform" rating on the stock.MarketBeat
JACK
Earnings
- 5/14/24 - Miss
JACK
Sec Filings
- 5/14/24 - Form 10-Q
- 5/14/24 - Form 8-K
- 5/13/24 - Form 4
- JACK's page on the SEC website