Jack in the Box posts 25% jump in profits

SAN DIEGO Jack in the Box Inc. cited reduced costs and skyrocketing sales at its namesake quick-service chain as driving factors behind its near 25-percent year-over-year jump in second-quarter profit.

The company also raised its full-year, per-share earnings guidance, reflecting confidence in its efforts to continue building sales through new menu offerings and re-imaged restaurants, even in spite of rising beef costs expected for the remainder of the year. The

Register to view the full article

Register to view this article

TAGS: Finance
Hide 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.