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Stock impact report

Jack in the Box will return to Chicago area next year [Yahoo! Finance]

Jack In The Box Inc. (JACK) 
Last jack in the box inc. earnings: 2/19 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The San Diego-based company started expanding in the area in the late 1960s but exited it in the 1980s, CEO Darin Harris said in an interview with the Tribune. “It's been about 40 to 50 years since our last time in Chicago,” he said. Jack in the Box plans to open eight company-owned stores in the area, mostly in the suburbs. A Chicago proper restaurant will be located near Midway Airport, the company said. The suburban locations are slated to open in Countryside, Lake in the Hills, Tinley Park, Carol Stream, Naperville, Plainfield and New Lenox mostly next year, though some openings may bleed into 2026. Jack in the Box also plans to open franchise-owned stores in the area; nationally, 93% of its stores are franchises. Harris cited a strong economy and a significant 24-hour workforce that will feed the chain's late-night business as part of the Chicago market's appeal. The company hopes to eventually open 125 stores in the area, Harris said. The chain, which currently has 2,200 Show less Read more
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