When The Fast Food Breakfast Battle Resumes, Jack In The Box Will Be Armed With A New Coffee Platform [Forbes]
Jack In The Box Inc. (JACK)
Last jack in the box inc. earnings: 2/19 04:05 pm
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Source: Forbes
Jack's new Boosted Coffee is part of the chain's focus on breakfast as the entire quick-service... [+]segment jockeys for morning share.Jack in the BoxBefore the coronavirus outbreak gripped the nation and devastated the restaurant industry, there was a pretty compelling breakfast storyline happening in fast food.Breakfast has been the only growing daypart in an otherwise stagnant market and morning promotions drove positive transactions in the quick-service segment prior to widespread stay-at-home mandates in early March,according to The NPD GroupDriving this trend? Good, old-fashioned competition.The breakfast space was intense well before Wendy’s jumped in (again) on March 2. McDonald’s, the longtime market share leader, has been losing morning share to the likes of Chick-fil-A and Taco Bell. Throw in Wendy’s formidable presence, buoyed by a (pre-pandemic)$70 million to $80 million marketingConsider the activity leading up to and just after Wendy’s breakfast roll out: McDonald’s in
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News
- JACK on Expansion Spree in Michigan, to Open New Units in Detroit [Yahoo! Finance]Yahoo! Finance
- Jack in the Box Q4 Earnings Top Estimates, Revenues Lag, Stock Down [Yahoo! Finance]Yahoo! Finance
- Jack in the Box Inc. (NASDAQ: JACK) had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $51.00 to $46.00. They now have a "hold" rating on the stock.MarketBeat
- Jack in the Box Inc. (NASDAQ: JACK) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $60.00 price target on the stock.MarketBeat
- Jack in the Box Inc. (NASDAQ: JACK) had its price target raised by analysts at Barclays PLC from $46.00 to $50.00. They now have an "equal weight" rating on the stock.MarketBeat
JACK
Earnings
- 11/20/24 - Beat
JACK
Sec Filings
- 11/21/24 - Form 10-K
- 11/20/24 - Form 8-K
- 11/13/24 - Form SC
- JACK's page on the SEC website