Jack in the Box Expands Presence in Four Southeast Markets with Agreement with Cedar Tree Restaurant Group
December 22, 2022
Trending News ☀️
On Tuesday, the company announced that it had reached an agreement with Jeff Yablun and Frank Conley of Cedar Tree Restaurant Group. This agreement encompasses 37 new restaurants and 46 existing stores located within four southeastern markets: Nashville, TN; Baton Rouge, LA; Greenville, SC; and Charlotte, NC. The addition of 37 new restaurants will increase the company’s presence in these markets and strengthen its ability to serve customers. This agreement will allow us to serve more customers in these markets and provide them with the same great Jack ($NASDAQ:JACK) in the Box experience they’ve come to expect.” The company is also excited to introduce its new breakfast menu items to these markets. These include breakfast burritos, breakfast tacos, and breakfast sandwiches.
This expansion will create additional jobs in each of the four markets. The company is also dedicated to giving back to the communities it serves by supporting local charities and causes. This agreement further strengthens its presence in the Southeastern region and provides customers with more options for fast food dining. As the company continues to expand its presence, it remains committed to providing customers with quality food and service.
Share Price
This news sent JACK IN THE BOX stock up 0.1% from its previous closing price of $67.4 to $67.5 at the Tuesday market close. The stock opened at $67.1 that day, indicating a healthy uptick in investor confidence in the company’s prospects. This move follows JACK IN THE BOX’s recent strategic investments in technology and restaurant remodeling initiatives, which have helped the company remain competitive in a quickly changing landscape.
The company has also renewed its focus on menu innovation and customer experience, making it an attractive partner for restaurant groups looking to expand their presence in the region. With this agreement, JACK IN THE BOX is well-positioned to take advantage of future growth opportunities and continue to strengthen its presence in the region. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for JACK. More…
| Total Revenues | Net Income | Net Margin |
| 1.47k | 115.78 | 7.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for JACK. More…
| Operations | Investing | Financing |
| 162.88 | -578.59 | 478.18 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for JACK. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.92k | 3.66k | -35.43 |
Key Ratios Snapshot
Some of the financial key ratios for JACK are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.6% | 4.9% | 16.9% |
| FCF Margin | ROE | ROA |
| 7.9% | -20.6% | 5.3% |
VI Analysis
The rating reflects the company’s long term potential and takes into account both the financial and business aspects. The app has identified one risk warning in the income sheet which can be further explored by registering on vi.app. The company’s financials are analyzed through a variety of metrics including its debt-to-equity ratio, liquidity, profitability, and operating efficiency. This helps investors understand how well the company is managing its resources, its ability to meet short-term obligations and its ability to generate profit. Additionally, the app also evaluates the company’s business prospects such as its competitive advantage, market position, and product offering. Overall, the VI Risk Rating provides investors with a comprehensive overview of JACK IN THE BOX’s long term potential, helping them make more informed decisions. The app also alerts investors to any red flags in the company’s income sheet which can be further explored to gain deeper insights into the company’s operations. More…
VI Peers
In the fast food industry, there is always competition between different companies. Two of the biggest competitors in this industry are Jack in the Box Inc. and Amrest Holdings SE. While both companies offer similar products, they have different strategies that they use to try to win over customers. For example, Jack in the Box Inc. focuses on offering a wide variety of food items, while Amrest Holdings SE focuses on providing a more personal dining experience. Ultimately, it is up to the customer to decide which company they prefer.
– Amrest Holdings SE ($LTS:0OGQ)
Amrest Holdings SE is a holding company that operates in the restaurant industry. It has a market cap of 4.01B as of 2022 and a return on equity of 14.44%. The company operates through two segments: restaurants and other. The restaurant segment includes the operation of restaurants, cafes, bars, and other food and beverage outlets. The other segment includes the operation of other businesses, such as the sale of food and beverage products, the provision of catering services, and the operation of hotels.
– Create Restaurants Holdings Inc ($TSE:3387)
Restaurants Holdings Inc is one of the world’s largest restaurant chains, with over 36,000 locations in over 100 countries. The company has a market cap of 191.66B as of 2022 and a ROE of 12.73%. The company operates in the quick service, casual dining, and fine dining segments and offers a variety of cuisines, including American, Chinese, Italian, Japanese, and Mexican.
– Mos Food Service Inc ($TSE:8153)
In 2022, Sysco’s market cap was $96.21 billion and its ROE was 5.34%. Sysco is a foodservice company that provides products and services to restaurants, hotels, healthcare facilities, and other customers worldwide. Sysco’s product offerings include fresh meat and seafood, produce, prepared food, and non-food items such as paper goods and cleaning supplies. The company also offers value-added services such as menu development, culinary training, and food safety consulting.
Summary
Investing in Jack in the Box is a great opportunity for potential investors. The company is well-positioned to benefit from the growing demand for convenience food, as well as the shift in consumer preferences from traditional fast food to more health-conscious options. Jack in the Box offers a variety of menu items, including burgers, tacos, sandwiches, and salads, that are tailored to meet the needs of modern consumers.
In addition, the company has implemented a variety of initiatives to reduce waste, increase recycling, and promote sustainable business practices. Jack in the Box also has a strong brand presence in the U.S. market and is continuing to expand its footprint through strategic partnerships and openings of new locations. The company has taken steps to modernize its restaurants and update its menu offerings to meet the needs of today’s consumers. These initiatives have helped to increase sales and drive customer loyalty. The company is well-positioned to benefit from the increasing demand for convenience food and the shift in consumer preferences towards healthier options. In addition, the company has taken steps to modernize its restaurants, update its menu offerings, reduce waste, and increase recycling, all of which make Jack in the Box an attractive investment opportunity.
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