Foodmaker (Jack-in-the-Box Restaurants) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Foodmaker (Jack-in-the-Box Restaurants)

FM 27.19

0.0%

Jan 8 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David Kuspa who wrote (263)	11/22/1997 1:30:00 PM
From: Arnie Doolittle	Read Replies (1) of 338

David, here's some interesting stuff for FM's 10K (my comments are in parenthesis): 1. 400-500 new restaurants are planned over the next 5 years, with 15% in non-traditional locations like gas stations, convenience stores and car washes. (I'll bet these numbers are low by 20-30%. Last year they said 400-450. Otherwise the wording is the same.) 2. Here's a direct quote: "Company has historically acquired and will continue to consider the acquisition of existing restaurants for conversion to Jack In The Box restaurants." (Are they looking at another burger chair for potential acquisition? I hope so but this statement was in last year's 10K also.) 3. FM added 84 NET new company stores, including 6 company stores that were closed. Curiously, 21 franchise stores were closed, while only 5 were added. 4. 75% of FM's sales are in California and Texas. (Given California's recent economic resurgance, that bodes well for FM's future. When are they going to step into new markets?) Arnie

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next