Jack in the Box forecasts profit dip as costs rise

SAN DIEGO Jack in the Box Inc. said this week that results for its current first quarter will fall below year-ago levels because of increased commodity costs and the volatile financial markets.

The company, which operates or franchises 2,158 namesake quick-service restaurants and 454 Qdoba fast-casual restaurants, said the cost of beef, its largest commodity expense, is expected to increase as much as 20 percent from a year ago. Overall commodity costs are expec

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