Jack in the Box Inc. reported a 62-percent slide in second-quarter net income, but it said sales trends improved after taking a hit from severe weather earlier this year. The San Diego-based company said earnings for the April 17-ended quarter totaled $6.8 million, or 13 cents per share, compared with profit of $17.7 million, or 32 cents per share, for the second quarter last year. The company noted that gains from refranchising 26 Jack in the Box restaurants contributed about 1 cent per ...
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Contact: Desiree Torres Desiree.Torres@penton.com