Jack in the Box 2Q net jumps, sales still lag

SAN DIEGO Jack in the Box Inc. reported Wednesday a 14-percent increase in second-quarter earnings as lower food and operating costs helped drive profit and offset a sales slump.

For the quarter ended April 12, the San Diego-based company reported earnings of $29.9 million, or 52 cents per share, compared with year-ago earnings of $26.2 million, or 44 cents per share. Jack in the Box operates or franchises 2,186 namesake quick-service restaurant

Register to view the full article

Register to view this article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish