|Price Range 12mo avg:||$1M – $3M|
|$/sf 12mo avg:||$782.31|
|CAP Rate 12mo avg:||5.46%|
|Lease Terms:||20yrs NNN|
|Building Size avg:||2,700 SF|
|Lot Size avg:||1+/- acres|
Founded in 1951, Jack in the Box Inc. is a restaurant company that operates and franchises Jack in the Box® restaurants and—through a wholly owned subsidiary—Qdoba Mexican Grill® restaurants in a combined 47 states plus the District of Columbia and Canada.
Jack in the Box is among the nation’s leading fast-food hamburger chains, with more than 2,200 quick-serve restaurants in 21 states and Guam. As the first major hamburger chain to develop and expand the concept of drive-thru dining, Jack in the Box has always emphasized on-the-go convenience, with approximately 85 percent of the half-billion guests served annually buying food at the drive-thru or for take-out. In addition to drive-thru windows, most restaurants have indoor dining areas and are open 18-24 hours a day.
Jack in the Box pioneered a number of firsts in the quick-serve industry, including menu items that are now staples on most fast-food menu boards, like the breakfast sandwich and portable salads. Today, Jack in the Box offers a selection of distinctive, innovative products targeted at the fast-food consumer, including hamburgers, specialty sandwiches, salads and real ice cream shakes. Hamburgers represent the core of the menu, including the signature Jumbo Jack®, Sourdough Jack®, Ultimate Cheeseburger and the 100% Sirloin Burger. And, because value is important to fast-food customers, the company also offers value-priced products on “Jack’s Value Menu,” including tacos, chicken nuggets, a chicken sandwich and the Breakfast Jack®.
In addition to offering high-quality products, Jack in the Box recognizes that an increasing number of quick-serve customers also want the ability to customize their meals. Whether that means forgoing the bun and sauce in favor of a low-carb burger, or substituting ingredients to create the exact mix of flavors to suit an individual’s personal tastes, customers have that flexibility at Jack in the Box. “We don’t make it ’til you order it®.” So, regardless of the order, each meal is served hot and fresh to customers.
Qdoba Mexican Grill, which was acquired by Jack in the Box Inc. in January 2003, is a leader in fast-casual dining – with more than 600 restaurants in 47 states as well as the District of Columbia and Canada. Qdoba is a Mexican kitchen where anyone can go to enjoy a fresh, handcrafted meal prepared right in front of them. Each Qdoba restaurant showcases food that celebrates a passion for ingredients, a menu full of innovative flavors, handcrafted preparation and inviting service. For more on Qdoba, including information on its menu and locations, please visit www.qdoba.com.
Based in San Diego, Jack in the Box Inc. has more than 22,000 employees.
|S&P Credit Rating:||BB-|
|Moody’s Credit Rating:||N/A|
|Annual Revenue 2014:||$1.48B|
|Annual Revenue 2013:||$1.49|
|Revenue Growth:||↓ 3.85% from 2013|
|Units (Sept. 2014)||2,888|
|Average Units Volume:||$514K|
Yahoo! Finance: JACK News Latest Financial News for JACK
Here's What We Think About Jack in the Box Inc.'s (NASDAQ:JACK) CEO Pay
on April 17, 2019 at 6:24 pm
In 2014 Lenny Comma was appointed CEO of Jack in the Box Inc. (NASDAQ:JACK). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. After that, we wil... […]
Shake Shack Stock Falls after Longbow’s Downgrade
on April 17, 2019 at 5:45 pm
Shake Shack Stock Falls after Longbow’s Downgrade(Continued from Prior Part)Stock performance Shake Shack (SHAK) was trading lower today after Longbow downgraded it. As of 10:40 AM Eastern Time, the stock was trading at $58, 2.5% lower than […]
Longbow Research Downgrades Shake Shack to ‘Neutral’
on April 17, 2019 at 4:11 pm
Shake Shack Stock Falls after Longbow’s DowngradeLongbow’s downgrade Today, Longbow Research downgraded Shake Shack (SHAK) to “neutral” from “buy” on concerns about its high valuation. However, the equity research company is positive on […]
4 Reasons to Sell Chipotle Stock While It Still Is Riding High
on April 12, 2019 at 11:10 am
Shares of fast casual Mexican eatery Chipotle (NYSE:CMG) have been on a tear since February of 2018. At that point in time, Chipotle stock bottomed at $250 before former Taco Bell executive Brian Niccol took over as CEO.Source: Shutterstock Ever since, Niccol has executed flawlessly on multiple growth initiatives, the sum of which have driven Chipotle to report its best numbers ever since the infamous E. coli outbreak. Consequently, CMG stock has nearly tripled over that same stretch, and today finally trades near its pre-E. coli highs.Although the Chipotle turnaround is very real, and the company is firing on all cylinders, this mega-rally in CMG stock may be on its last legs.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWhy? Many reasons, ranging from valuation to slowing growth concerns. Put together, all these concerns paint an outlook for CMG stock that isn't all that great. * 7 AI Stocks to Watch with Strong Long-Term Narratives With that in mind, let's take a look at four reasons to sell CMG stock on this big rally. Too Far, Too FastBroadly speaking, CMG has simply come too far, too fast.The stock has nearly tripled over the past fourteen months. That's a big rally on its own, but a big portion of this rally has happened recently, with the stock up 85% since Christmas 2018. That's a near 100% rally in just over three months.Because of this big rally, Chipotle stock is now in technically overbought territory, with a Relative Strength Index that is as high as its been pretty much ever and a stock price that is nearly as far as its ever been above its 200-day moving average.All of these overbought conditions, and the stock is heading into earnings season. That means the numbers need to be really good in order for the stock to hold onto its gains. If they aren't really good, the stock could drop in a big way. Valuation FrictionI follow a lot of stocks, and Chipotle is now close to being the most richly valued restaurant stock I've ever seen that isn't growing revenues at a 20%-plus rate.Chipotle stock trades at nearly 60-times forward earnings. The giants in this space, like McDonald's (NYSE:MCD), Yum (NYSE:YUM), Jack in the Box (NASDAQ:JACK), and Domino's (NYSE:DPZ), trade around 20- to 30-times forward earnings. The sector average forward multiple is 24.To be sure, the fast growers like Shake Shack (NYSE:SHAK) and Wingstop (NASDAQ:WING) trade around 100-times forward earnings, but both of those companies are projected to do 20%-plus revenue growth this year. Chipotle is projected at a much more mundane 9% sales growth this year, which is pretty much the same as McDonald's and Domino's.True, there is a big margin expansion narrative at play here, but even if you model that narrative out, there still isn't enough long term profit power here to justify a $700-plus price tag. Economic Slowdown and Chipotle StockAlthough stocks are rallying to all time highs, the economy is still slowing, U.S. consumer sentiment is still below where it was for most of 2018, and sales across the restaurant industry haven't been all that great to start 2019.Inevitably, this slowdown will catch up to Chipotle. The company is firing on all cylinders right now thanks to digital business expansion, menu innovations, and a new marketing campaign. But, those tailwinds will cool in 2019 as they mature and come against tougher laps. When that happens, a slowing economy will start to show up in Chipotle's numbers, and that could have a materially negative impact on the stock. Mysterious E. coli OutbreakTo be clear, there has been an E. coli outbreak in the United States, a source has not been identified, and Chipotle hasn't been mentioned by any reports. It's also highly unlikely that Chipotle is the source of this outbreak.Having said that, there is an E. coli outbreak happening right now, and the last major E. coli outbreak in the U.S. was Chipotle's fault. I don't think consumers have entirely forgotten that. Consequently, when consumers hear E. coli outbreak today, they naturally get a little bit worried about Chipotle. This worry may have a negative impact on the numbers in April and May, and that could provide a drag on Chipotle stock.As of this writing, Luke Lango was long MCD and DPZ. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * FAANNG Stocks, Ranked From Cheapest to Most Expensive * 7 Stocks With a Lot on the Line This Earnings Season * 7 Marijuana Companies: Which Pot Stocks Should You Buy? Compare Brokers The post 4 Reasons to Sell Chipotle Stock While It Still Is Riding High appeared first on InvestorPlace. […]
How Wendy’s Stock Reacted to Cowen’s ‘Outperform’ Rating
on April 10, 2019 at 5:55 pm
Cowen Initiates Coverage on Wendy’s with an 'Outperform' Rating(Continued from Prior Part)WEN’s performanceWendy’s (WEN) stock was flat in early morning trading on April 10. YTD (year-to-date), the stock has risen 15.2% as of April 9. T […]