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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (76418)	4/26/2025 8:51:02 AM
From: E_K_S	Read Replies (1) \| Respond to of 78714

Re: Jack IN The Box Inc (JACK) Didn't realize their dividend now up to 7.18%; 4x PE . . . Jack In The Box Closing Up To 200 Locations Jack in the Box plans to close up to 200 underperforming locations, aiming to bolster its balance sheet amid declining consumer spending. The San Diego-based chain also announced it’s exploring a sale of its struggling Del Taco brand, according to CBS News. Most closures will target older, low-performing stores, with up to 120 shutting down by year’s end and the rest phasing out based on franchise terms....... Second-quarter sales fell 4.4% at Jack in the Box and 3.6% at Del Taco. The company’s stock has tumbled 57% over the past year. For Del Taco: Recent reports indicate that Jack in the Box Inc. is currently exploring strategic alternatives for the Del Taco brand, including a possible sale (divestiture). As of early 2025, Del Taco had approximately 600 restaurants. In late 2022, it was mentioned that about half of the Del Taco restaurants were company-owned. More recent information suggests that Jack in the Box has been refranchising Del Taco locations. In December 2023, Del Taco had 171 company-operated units out of 592 total restaurants, which is about 29% company-owned.