Jack in the Box to shutter 40 stores

Most of the stores slated for closure are in the Southeast, Texas

Jack in the Box Inc. plans to close 40 underperforming corporate stores across seven states, mostly in the Southeast and Texas, by next week.

The restaurants were not meeting acceptable levels of return on investment and other key operating performance metrics, the company said in a statement Wednesday. They are scheduled to close before the end of the company’s fiscal year, which is Oct. 3.

"These restaurant closures are expected to have a positive imp

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