The chicken and sides categories performed well, as did the snack and dinner day parts. Higher average check, driven mostly by pricing, was more than offset by traffic declines for franchise, and only partially offset by traffic declines for company-operated. Same-store sales decreased 0.6% in the third quarter, comprised of a decline in franchise same-store sales of 1.0% and an increase in Company-operated same-store sales of 3.5%. Systemwide sales for the third quarter decreased 1.4%. As we navigate through the near-term, we are committed to utilizing the remainder of the year to return cash to shareholders via share buybacks in the fourth quarter, as well as strengthen our foundation to demonstrate unit growth progress beginning in fiscal 2023." "Both Jack and Del Taco demonstrated top-line strength, delivering excellent same-store sales performances on a two-year basis, and sequentially higher sales on a three-year basis. We have remained steadfast in executing our four strategic pillars by focusing on what we can control," said Darin Harris, Jack in the Box Chief Executive Officer. "I am very encouraged by the commitment shown by our franchisees, operators and corporate team members as we navigate this challenging and complex operating environment. (NASDAQ: JACK) announced financial results for the Jack in the Box and Del Taco segments in the third quarter, ended July 10, 2022. SAN DIEGO, August 10, 2022-( BUSINESS WIRE)- Jack in the Box Inc. M anagement provides updates on share repurchases and previous guidance Jack in the Box completes LOI to refranchise Oregon evolving market restaurants, including future development commitments Jack in the Box now at 62 development agreements for 220 future restaurants Jack in the Box systemwide sales decline of -1.4%, Del Taco systemwide sales growth of +3.3% (1) Were you a fan of Jack in the Box back in the day? Did you frequent any of the Long Island locations in particular? I hope you’ll share all of your memories of eating at these decidedly different fast-food restaurants in our comments section below.Jack in the Box same-store sales of -0.6%, +9.6% on a two-year basisĭel Taco same-store sales of +3.5%, +10.6% on a two-year basis (1) As it stands, you have to travel to Tennessee, Missouri or North Carolina to get your fix. Sadly, it’s anyone’s guess if or when Long Islanders will ever again have the chance to stuff their face with greasy tacos at midnight or a Breakfast Jack at daybreak. Jack in the Box still sells all of those signature items at their stores, and continues to enjoy success around the country. Not too different from a Big Mac, these were a sizable sandwich, and television ads featured Rodney Allen Rippy doing his best to take a bite. Yeah, they were greasy and yeah the “meat” inside wasn’t exactly identifiable, but once you developed a taste for these little fried tacos, you just might crave them for years to come.įinally, there was the signature burger, the Jumbo Jack. Cheap and delicious, they were also sold at any time of day, something unheard of at the time for a fast food chain.Įven more popular were the tacos which, although they would barely be recognizable to anyone of Mexican descent, were delicious and cheap, two for a buck in most places.
The Breakfast Jack offered a fried egg, along with a slice of cheese and ham, served on a hamburger bun. During their heyday, however, Jack in the Box won over many a fan thanks to three very popular items on their menu.
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