Jack in the Box 4Q profit, sales rise

Jack in the Box said Monday it recorded better-than-expected gains in same-store sales and traffic in the fourth quarter, indicating that turnaround efforts are taking hold.

For the fourth quarter ended Oct. 2, San Diego-based Jack in the Box Inc. booked net income of $22.7 million, or 49 cents per share, compared with $4 million, or 7 cents per share, for the same quarter last year.

In the prior year quarter about 40 restaurants were closed and results reflected pre-tax impairm

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