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Jack in the Box Looks to Expand With Del Taco

02:36pm, Wednesday, 08'th Dec 2021
Jack in the Box Inc. ( JACK , Financial) is crediting a similarity in cultures, guest profiles, operating models and market opportunities for its just-announced acquisition of Del Taco, the nation's s

Jack in the Box (JACK) Banks on Menu Innovation, Hurt by Costs

01:10pm, Wednesday, 08'th Dec 2021 Zacks Investment Research
Jack in the Box (JACK) continues to focus on repairing its franchisee relationship, mapping markets and rebuilding its store pipeline. However, wage and commodity inflation are a concern.
Jack in the Box Inc. (NASDAQ:JACK) Equities research analysts at Wedbush decreased their Q2 2022 earnings per share estimates for Jack in the Box in a note issued to investors on Monday, December 6th. Wedbush analyst N. Setyan now expects that the restaurant operator will post earnings per share of $1.38 for the quarter, []
Jack in the Box (NASDAQ:JACK) had its price target reduced by Robert W. Baird from $100.00 to $85.00 in a research note published on Tuesday morning, The Fly reports. Robert W. Baird currently has a neutral rating on the restaurant operators stock. JACK has been the subject of a number of other reports. Credit Suisse []
Jack in the Box (JACK) continues to focus on repairing its franchisee relationship, mapping markets and rebuilding its store pipeline. However, wage and commodity inflation are a concern.

Jack in the Box (NASDAQ:JACK) Hits New 52-Week Low at $77.37

08:56am, Wednesday, 08'th Dec 2021 Transcript Daily
Shares of Jack in the Box Inc. (NASDAQ:JACK) reached a new 52-week low during trading on Monday . The company traded as low as $77.37 and last traded at $77.65, with a volume of 2942 shares traded. The stock had previously closed at $84.00. A number of analysts have recently commented on JACK shares. The []
Jack in the Box (NASDAQ:JACK) was upgraded by equities researchers at Deutsche Bank Aktiengesellschaft from a hold rating to a buy rating in a research report issued on Monday, PriceTargets.com reports. The brokerage currently has a $108.00 price objective on the restaurant operators stock, down from their previous price objective of $122.00. Deutsche Bank Aktiengesellschafts []
Analysts acknowledge that investors may still be traumatized by Jack in the Box Inc.'s ownership of the Qdoba chain of Mexican restaurants, but they're upbeat about the latest news of the Del Taco Res

Jack in the Box, Del Taco Enter into $575 Million Merger Agreement

06:25pm, Tuesday, 07'th Dec 2021 Shopping Center Business
San Diego and Lake Forest, Calif. Jack in the Box Inc. (NASDAQ: JACK) and Del Taco Restaurants (NASDAQ: TACO) have entered into a merger agreement valued at approximately $575 million, inclusive of existing debt. Under the terms of the The post Jack in the Box, Del Taco Enter into $575 Million Merger Agreement appeared first on Shopping Center Business .
Yahoo Finance's Julie Hyman, Brian Sozzi and Brian Cheung speak with Darin Harris, CEO of Jack in the Box to discuss the fast-food chain's acquisition of Del Taco and its handling of rising inflation

Company News for Dec 7, 2021

03:19pm, Tuesday, 07'th Dec 2021 Zacks Investment Research
Companies in The News Are: SAIC,LCID,GCP,JACK,TACO

Jack in the Box (JACK) Inks Deal to Acquire Del Taco for $575M

02:47pm, Tuesday, 07'th Dec 2021 Zacks Investment Research
Jack in the Box (JACK) reaches an agreement to buy Del Taco Restaurants for $575 million, including existing debt.
The restaurant sector was hit hard by the COVID-19 pandemic, with many companies that relied on dine-in guests seeing significant revenue declines. Companies that had strong drive-thru sales and third
The restaurant sector was hit hard by the COVID-19 pandemic, with many companies that relied on dine-in guests seeing significant revenue declines. Companies that had strong drive-thru sales and third-party delivery services saw strength in different times of the pandemic. Recent Deals, IPOs: Activity in restaurant stocks has also picked up on the public markets with several IPOs and deals announced. On Monday, Jack in the Box Inc (NASDAQ: JACK ) announced it was acquiring Del Taco Restaurants (NASDAQ: TACO ) for $575 million. The deal will give the combined company over 2,800 locations in 25 states. Del Taco is the second-largest Mexican QSR chain by units, with over 600 locations in 16 states. Firehouse Subs is set to be acquired by Restaurant Brands International (NYSE: QSR ) for $1 billion recently, in a move that will diversify the owner of Burger King and Tim Hortons. The company has been actively pursuing acquisitions. Firehouse Brands has over 1,200 units in 46 states, which are 97% franchised.
Jack in the Box (JACK) reaches an agreement to buy Del Taco Restaurants for $575 million, including existing debt.
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