Jack in the Box sees Q2 SSS flat Same-store sales are expected to be approximately flat at Jack in the Box company restaurants versus a 5.6 percent increase in the year-ago quarter. Same-store sales are expected to be flat to down 2 percent at Qdoba company restaurants versus a 3.8 percent increase in the year-ago quarter
News For JACK From The Last 14 Days
Check below for free stories on JACK the last two weeks.
Jack in the Box downgraded to Outperform from Top Pick at RBC Capital RBC Caital downgraded Jack in the Box to Outperform due to valuation. Price target raised to $45 from $38.
Jack in the Box sees FY13 EPS $1.55-$1.65, consensus $1.61 Sees FY13 SSS up approximately 1.5%-2.5%. FY13 SSS are expected to be approximately flat to up 1% at Qdoba company restaurants. Approximately 20 new Jack in the Box restaurants are expected to open, including approximately 6 company locations; 70-75 new Qdoba restaurants are expected to open, of which approximately 40 are expected to be company locations. Capital expenditures are expected to be $95-$105M.