Jack in the Box Inc. said Wednesday that strong sales in California, service improvements and menu upgrades drove a nearly 34-percent increase in first-quarter net income. For the quarter ended Jan. 23, Jack in the Box reported net income of $32.4 million, or 61 cents per share, compared with $24.2 million, or 43 cents per share, for the first quarter a year ago. Analysts had estimated earnings of about 46 cents per share, according to Thomson Reuters. Refranchising gains — including ...

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 NRN we ask that you register now. We promise it will only take a few minutes!

Already registered? here.