Trump claims California's $20 fast-food minimum wage hurts businesses. The truth is a lot more complicated [CNBC]
Jack In The Box Inc. (JACK)
Last jack in the box inc. earnings: 2/19 04:05 pm
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Source: CNBC
However, research shows that the state's fast-food worker turnover is down and widespread closures haven't occurred. Still, California franchisees' sales and profits have taken a hit at a time when other costs are climbing and diners are eating out less often. U.S. President Donald Trump delivers remarks at the McDonald's Impact Summit at the Westin Hotel in Washington, D.C., U.S., Nov. 17, 2025. Evelyn Hockstein | Reuters President Donald Trump on Monday said that California Gov. Gavin Newsom is “laying siege on the minimum wage.” Trump's comments at the McDonald's Impact Summit likely referred to California's higher hourly pay floor for fast-food workers, which took effect a year and a half ago. However, data so far indicate the policy hasn't been the danger Trump described. Research shows that the state's fast-food worker turnover is down. Widespread closures haven't occurred, and restaurant chains are still opening locations in California. To be sure, the increased
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JACK
News
- Merry Munchies! 24 Days of Jackmas Is Back at Jack in the Box [Yahoo! Finance]Yahoo! Finance
- Merry Munchies! 24 Days of Jackmas Is Back at Jack in the BoxBusiness Wire
- The Top 5 Analyst Questions From Jack in the Box's Q3 Earnings Call [Yahoo! Finance]Yahoo! Finance
- Jack In The Box (NASDAQ:JACK) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- How Recent Developments Are Rewriting the Story for Jack in the Box [Yahoo! Finance]Yahoo! Finance
JACK
Earnings
- 11/19/25 - Miss
JACK
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- JACK's page on the SEC website