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 impairment charges ...
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Contact: Desiree Torres Desiree.Torres@penton.com