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Strong two-year comparable sales increases indicate franchisees are navigating headwinds
Staffing challenges, being forced to limit operating hours and supply chain difficulties negatively impacted same-store sales for Jack in the Box in the fourth quarter. But the quick-service chain has room to raise menu prices by mid- to high-single digits next year to deal with continuing external pressures, the company said Tuesday.
Jack in the Box’s same-store sales at company locations declined 4.4% for the Oct. 3-ended fourth quarter, but the mostly franchised brand saw same-store sales increase 0.6% at franchise units during the quarter for a systemwide increase of 0.1%.
The challenge of hiring and keeping hourly workers limited restaurant operating hours, which negatively impacted comparable store sales by 3% during the quarter. Sup...
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Jack in the Box