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Stock impact report

Jack in the Box shut down more than 70 stores with more expected by year's end over financial struggles [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
The franchise said earlier this year it would shutter between 150–200 underperforming stores by 2026, including 80–120 by the end of this year, under a block closure program. In May, Jack In The Box said it had closed 12 locations, which was followed by another 13 closures by August and 47 more reported in the company's November earnings, according to the Daily Mail. Fast-food Chain Closing Up To 22 'Underperforming' Locations This brings the total to 72, which remains short of the company's year-end goal with a week to go. The company hopes the closures will improve its financial performance because stores are seeing fewer customers, beef prices are rising and the company is carrying significantly more debt than it generates in annual earnings. Read On The Fox Business App It reported a net loss of $80.7 million for the full fiscal year that ended in September. The franchise also reported that sales fell 7.4% in the fourth quarter of fiscal 2025, reflecting a year-over-y Show less Read more
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