Jack in the Box fails to dodge the slowdown

SAN DIEGO Jack in the Box Inc. reported Wednesday a 3-percent drop in its second quarter profit and cited the same challenges plaguing almost all restaurant companies: higher costs and slowing sales. For the quarter ended April 13, net income fell to $26.4 million, or 44 cents per share, from $27.2 million, or 40 cents per share, in the year-ago quarter. The increase in latest-quarter per-share earnings was aided by a reduced share count.Total revenue rose 5 percent to $693.5 ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

 

Attention Print Subscribers:  While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!

Already registered? here

Please or Register to post comments.

Free eNewsletters! 
Want the latest in the world of foodservice news & trends? 
Check out our e-newsletters