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Jack in the Box (JACK) also saw a rating upgrade from Stifel analysts, who upgraded the company's stock to Buy from Hold. Eli Lilly (LLY), on the other hand, saw a double downgrade from HSBC analysts.
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.
NEW YORK -- Jack in the Box plans to close approximately 10% of its locations and is exploring a sale of its Del Taco brand amid a broader overhaul of the fast food chain that is struggling as ...
Jack in the Box said 150 to 200 of its "underperforming" restaurants are slated to close. Of those, roughly 80 to 120 will shut their doors for good before the end of the year. Jack in the Box’s ...
Fast-food chain Jack in the Box has announced plans to close up to 200 underperforming restaurant locations as U.S. customers continue to cut back on spending. The franchise said 80 to 120 ...
Sales fell nearly 5% across both the Jack in the Box and Del Taco brands, mainly because fewer people visited their restaurants. Despite a decline in same-store sales, Jack In The Box Inc (JACK ...
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 ...
Chains like Family Dollar and Red Lobster have closed locations in Ohio and nationwide in recent months due to economic strain. Fast-food chain Jack in the Box has joined the many companies ...
While Tucker did not indicate whether Del Taco is formally up for sale, he said that Jack in the Box is currently working with B of A Securities to explore a potential divestiture. The decision to ...
Customers have described them as tasting like dog food - so why does Jack in the Box sell so many tacos? We examine this curious, enduring fast food phenomenon.
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