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Stock impact report

Jack in the Box Inc. Reports First Quarter FY 2020 Earnings; Reaffirms Fiscal 2020 Guidance; Declares Quarterly Cash Dividend

Jack In The Box Inc. (JACK) 
Last jack in the box inc. earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Business Wire
SAN DIEGO--(BUSINESS WIRE)--Jack in the Box Inc. (NASDAQ: JACK) today reported financial results for the first quarter ended January 19, 2020.Increase/(Decrease) in same-store sales:   16 Weeks Ended   January 19, 2020 January 20, 2019 Company 2.9% 0.5% Franchise 1.6% (0.1)% System 1.7% (0.1)%Jack in the Box® system same-store sales increased 1.7 percent for the quarter. Company same-store sales increased 2.9 percent in the first quarter driven by average check growth of 2.6 percent and transaction growth of 0.3 percent.Lenny Comma, chairman and chief executive officer, said, "Our same-store sales growth in the first quarter resulted from guests continuing to respond favorably to our breadth of promotions, including compelling bundles at competitive price points and innovation on products guests crave. Looking to the remainder of 2020, we reiterate our annual targets as we leverage this strategy and continue making progress on our strategic initiatives and long-term goals. We rema Show less Read more
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