COVID-19 and its impact on the U.S. economy will continue to take centerstage in the week ahead.
Q2 2020 Jack in the Box Inc Earnings Call
Shake Shack's first-quarter earnings beat expectations, but sales fell short of estimates amid the COVID-19 pandemic.
Jack In The Box (NASDAQ:JACK) reported Q2 results after the close.Quarterly Results Earnings per share decreased 49.49% over the past year to $0.50, which missed the estimate of $0.65.Revenue of $216,157,000 higher by 0.20% year over year, which beat the estimate of $210,760,000.Outlook The company withdrew earnings guidance.Details Of The Call Date: May 14, 2020Time: 08:02 PM ETView more earnings on JACKWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=&eventid=2322194&sessionid=1&key=2EFD192315BC7DE2230A377543C62E26®Tag=&sourcepage=registerRecent Stock Performance 52-week high: $93.1252-week low was at $16.81Price action over last quarter: down 27.38%Company Overview Jack In The Box Inc operates quick-service restaurants and fast-casual restaurants in California, the USA under the brands Jack in the Box. The company menu offers burgers, tacos, regular and curly fries, specialty sandwiches, salads and ice cream shakes. These foods are available with the option of customization as per customer requirements. The company also offer catering services to its customers. Revenues are generated from sales that take place at their restaurants.See more from Benzinga * P/E Ratio Insights for Twitter * A Look Into Foot Locker's Price Over Earnings * Stocks That Hit 52-Week Lows On Wednesday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Jack in the Box Inc. (NASDAQ: JACK) today reported financial results for the second quarter ended April 12, 2020.
Jack in the Box (JACK) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
Jack in the Box (JACK) second-quarter fiscal 2020 results reflect dismal sales due to COVID-19 impact along with wage and commodity inflation.
States across the U.S. are beginning to reopen parts of their economies, and a surprising number of consumers are willing to visit restaurants as soon as they reopen, according to a new survey by Piper Sandler.
West-coast based fast-food restaurant chain Jack in the Box (NASDAQ: JACK) reported its fiscal second-quarter results yesterday, beating analyst forecasts on revenue but missing by a considerable amount on earnings per share (EPS). Analyst consensus estimates, as supplied by Zacks, put Jack in the Box's quarterly EPS at $0.68 and revenue at $212.1 million.
Jack In The Box (JACK) delivered earnings and revenue surprises of -26.47% and 1.93%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Jack in the Box Inc. (NASDAQ: JACK) will report second quarter fiscal 2020 financial results after market close on Wednesday, May 13, 2020, and the company will host a conference call to review the results on Thursday, May 14, 2020, beginning at 8:30 a.m. PT. The call will be webcast live over the Internet.
Cowen & Co. analyst Andrew Charles maintained a Hold rating on Jack In The Box (NASDAQ:JACK) Inc on Wednesday, setting a price target of $42, which is approximately 38.44% below the present share price of $68.23.
Federal Reserve Chairman Jerome Powell will be in focus when he speaks via live webcast Wednesday.
A replay of the call will be available on the Jack In The Box corporate website starting today. Joining me on the call today are Chairman and CEO, Lenny Comma and Executive Vice President and CFO, Lance Tucker.
Jack in the Box Inc. shares dove 5.3% in the extended session Wednesday after the company reported earnings that reflected significant impacts from the COVID-19 pandemic and the broad damage the coronavirus has caused the restaurant industry. Jack in the Box reported a fiscal second-quarter net income of $11.5 million, which amounts to 50 cents a share, compared with $25.1 million, or 96 cents a share in the year-ago quarter. Revenue rose to $216.2 million from $215.7 million a year ago. Adjusted for pension settlement charges, among other items, earnings were also 50 cents a share. Analysts polled by FactSet predicted adjusted earnings of 68 cents a share on sales of $210.9 million. Jack in the Box said Wednesday that it had pulled its long-term outlook, after previously yanking its fiscal year-end guidance due to the coronavirus pandemic. The company suspended its dividend payments, stock buyback program and said that as of the end of the second quarter it had roughly $169 million in cash. This year, Jack in the Box stock has fallen 18% as the S&P 500 index ticked up 2.1%.
From drive-through windows to deliveries, eateries are doing their best to stay relevant despite pandemic-related closures. And they may get a boost from an unexpected quarter: the rising cost of groceries.
Decline in store traffic due to the coronavirus pandemic will reflect on Jack in the Box (JACK) second-quarter fiscal 2020 results.
Jack in the Box Inc. said late Thursday that Darin Harris will take the chief executive job and join the board effective June 15. Jack in the Box stock was flat in the extended session. Harris is replacing Lenny Comma, who said he planned to retire in December and also plans to leave the board. Jack in the Box said that the board elected David Goelbel to serve as chairman of the board when Harris becomes CEO. Harris has worked in executive jobs at Papa John's Pizza, Captain D's Seafood, Arby's Restaurant Group and CiCi's Pizza, among others. Jack in the Box closed up 22% to $52.68 in regular trading Thursday as the S&P 500 index rose 0.6%.
KFC is jumping into the chicken sandwich wars with a new chicken sandwich test.
The global death toll from the coronavirus that causes COVID-19 edged closer to 300,000 on Thursday, as a new poll found the majority of Americans disapprove of President Donald Trump’s handling of the pandemic.