Jack in the Box Inc. (NYSE: JBX) today announced that at a regularly-scheduled meeting of its Board of Directors held in September, the Board approved plans to sell the company�s Quick Stuff� convenience stores. There are currently 61 Quick Stuff locations, each built adjacent to a full-size Jack in the Box� restaurant and including a major-brand fuel station. The company does not intend to sell the Jack in the Box restaurants adjoining these stores. Linda Lang, chairman and chief executive officer, said, �The Board and management of Jack in the Box agreed that by selling Quick Stuff, we can focus on maximizing the potential of our Jack in the Box and Qdoba� brands. We appreciate the dedication of all of our Quick Stuff associates, and will look to them to assist in a smooth transition during this process.� The sale of Quick Stuff is not expected to have a material impact on ongoing earnings. There can be no assurance that a transaction will be consummated at a value acceptable to the company. About Jack in the Box Inc. Jack in the Box Inc. (NYSE: JBX), based in San Diego, is a restaurant company that operates and franchises Jack in the Box� restaurants, one of the nation�s largest hamburger chains, with more than 2,100 restaurants in 18 states. Additionally, through a wholly owned subsidiary, the company operates and franchises Qdoba Mexican Grill�, a leader in fast-casual dining, with more than 400 restaurants in 40 states. The company also operates a proprietary chain of convenience stores called Quick Stuff�, with 61 locations, each built adjacent to a full-size Jack in the Box restaurant and including a major-brand fuel station. For more information, visit www.jackinthebox.com.
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