CHIPOTLE VETERAN ADAM RYMER NAMED SUCCESSORNEWPORT BEACH, Calif., July 9, 2024 /PRNewswire/ -- Chipotle Mexican Grill (NYSE: CMG) today announced that after nearly 25 years with the company, Jack Hartung has decided to retire, effective March 31, 2025. Hartung has served as Chief Financial Officer since 2002.Chipotle CFO Jack Hartung announces retirement, effective March 31, 2025, after nearly 25 years with the company.Adam Rymer, a 15-year Chipotle veteran will assume the role of Chief Financial Officer, b ...

ORLANDO, Fla., June 19, 2024 (GLOBE NEWSWIRE) -- Del Taco, the nation's second-largest Mexican quick service restaurant*, announces the opening of its new location at 3209 E Colonial Drive in Orlando, Florida. The company-owned location is the sixth Del Taco in Orlando and one of six new Del Taco restaurants opening in the Sunshine state this year. Unveiling its modernized Fresh Flex restaurant in Orange County, Del Taco showcases its upgraded amenities, including dual drive-thru lanes and order pick-up loc ...

It has been about a month since the last earnings report for Jack In The Box (JACK) . Shares have added about 4.8% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Jack In The Box due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Jack in the Box Q2 Earnings Top Esti ...

Jack in the Box Inc. (JACK) announced an ambitious plan to open 15 new locations in Georgia. This significant development agreement marks the company's first foray into the Peach State, underscoring its strategic expansion in the Southeastern United States. Tim Linderman, JACK's chief development officer, highlighted that this franchise commitment represents a substantial advancement in the company's growth strategy. Jack in the Box's 24/7 menu is set to attract Georgia's thriving business environment and r ...

Jack in the Box Inc. (JACK) is likely to benefit from franchise developments, digital initiatives and menu innovation. Also, its focus on the CRAVED reimage program bodes well. However, dismal comps and wage inflation are a concern. Let us discuss the factors that highlight why investors should retain the stock now. Growth Catalysts JACK continues to collaborate with its franchisees and leverage guest insights to ensure value remains a competitive advantage for both brands. During second-quarter fiscal 2024 ...

PORT ORANGE, Fla., May 20, 2024 (GLOBE NEWSWIRE) -- Del Taco, the nation’s second-largest Mexican quick service restaurant,* announces the opening of its newest Fresh Flex location at 3815 S. Nova Road Port Orange, Florida. This is the brand’s first location in Port Orange and the second location owned by the Singh Group. The Port Orange restaurant showcases Del Taco’s modernized design, with the bold and vibrant colors that are signature to Del Taco’s Fresh Flex style. The location also features upgraded a ...

Del Taco菜品推广 - Del Taco为了庆祝夏季回归了多款受欢迎的菜品，包括肉丝炖牛肉、玉米卷、墨西哥街头玉米卷、奶酪玉米饼和新推出的炖牛肉烤肉卷[1] - Del Taco的Birria菜单在去年秋季首次推出后受到了粉丝们的热烈追捧，其中包括肉丝炖牛肉玉米卷、肉丝炖牛肉奶酪玉米饼、肉丝炖牛肉玉米卷和肉丝炖牛肉烤肉卷等[2] - Del Taco推出了限时优惠活动，Del Yeah!™ Rewards会员可以在购买满3美元的情况下获得免费的小份薯条和奶酪[7] Del Taco产品庆祝活动 - Del Taco还推出了著名的Nacho Cheese、Macho Nachos®和Nacho Cheese Fries等产品以庆祝60周年纪念[1] - Del Taco的Nacho Cheese产品包括Macho Nachos®、Nacho Cheese Fries和Chips & Nacho Cheese等[6] Del Taco公司信息 - Del Taco是美国第二大的墨西哥快餐连锁餐厅[1] - Del Taco成立于1964年，目前在16个州拥有近600家餐厅，致力于为客人提供优质食材和物超所值的菜品[11]

Jack in the Box Inc. (JACK) reported mixed second-quarter fiscal 2024 results, with earnings beating the Zacks Consensus Estimate and revenues missing the same. The top and the bottom line declined from the prior- year quarter’s levels. Earnings & Revenues Details During the fiscal second quarter, operating earnings per share (EPS) came in at $1.46 per share, beating the Zacks Consensus Estimate of $1.43. The metric dropped 0.7% from $1.47 reported in the prior-year quarter. Quarterly revenues of $365.3 mil ...

财务数据和关键指标变化 - 公司整体营收和利润下降,主要受到宏观经济环境和消费者压力的影响 [49] - Jack in the Box同店销售下降2.5%,其中公司直营店下降0.6%,加盟店下降2.6% [38] - Del Taco同店销售下降1.4%,其中公司直营店下降1.8%,加盟店下降1.1% [45] - 毛利率方面,Jack in the Box餐厅级毛利率为23.6%,同比提升220个基点 [44] - Del Taco餐厅级毛利率为16.8%,同比下降50个基点 [46] 各条业务线数据和关键指标变化 - Jack in the Box业务: - 汉堡和配菜类产品表现较好,其中新推出的Smashed Jack贡献了高单位销售占比和平均客单价提升 [40][41] - 早餐类产品受到行业普遍压力,客单价和附加销售有所下降 [92] - Del Taco业务: - 销售下降主要受到客流量下降的影响,价格上涨部分抵消了 [45] - 正在测试菜单简化和自助点餐机,有望提升销售和利润率 [32] 各个市场数据和关键指标变化 - 加州市场表现与其他地区持平甚至更好,公司直营店表现尤其出色 [13][69] - 新市场如墨西哥、犹他州、阿拉巴马州等表现超预期,平均周销售额超过10万美元 [28][81] - 佛罗里达州市场开发势头良好,已签约31家新餐厅 [29] 公司战略和发展方向及行业竞争 - 公司将继续推行"打破框框"的长期战略,包括提升餐厅平均销售额、改善餐厅经济效益、加快数字化增长和新餐厅开发 [10][23][24][30] - 在当前消费者压力环境下,公司将通过提供有吸引力的价值主张来吸引客流,如"Munchies Under $4"等价格优惠活动 [14][59] - 同时也会推出创新产品如鸡翅、Smashed汉堡等,保持产品组合的平衡 [17][18][100] - 公司正加大数字化和技术投入,包括新一代移动应用、统一POS系统以及自助点餐机等,提升客户体验和运营效率 [22][23][95][96] - 在新餐厅开发方面,公司保持良好势头,有88家餐厅处于设计、许可和施工阶段 [30][81] 管理层对经营环境和未来前景的评论 - 管理层认为当前消费者压力和行业整体环境较为严峻,但相信公司的价值主张和营销计划可以帮助克服短期挑战 [11][21][35] - 对于下半年的销售增长目标,管理层表示有信心通过价值优惠、创新产品和营销活动来实现 [41][42][54] - 长期来看,公司的餐厅经济效益改善、数字化转型和新市场拓展等战略举措将支撑公司实现目标 [24][35] 问答环节重要的提问和回答 问题1 **分析师提问** 价值主张在当前行业环境下对实现下半年销售增长目标的重要性如何 [58] **管理层回答** 价值主张是非常关键的,公司将通过"Munchies Under $4"等不同价格区间的产品组合来满足不同消费者需求,同时也会在数字渠道提供优惠,预计这些举措将有助于提振销售 [59] 问题2 **分析师提问** Smashed Jack的销售表现如何,是否能持续保持高单位销售占比 [99] **管理层回答** Smashed Jack的单位销售占比预计能维持在6%-7%的较高水平,并有望通过产品创新持续贡献,表现将优于之前的Buttery Jack产品 [100] 问题3 **分析师提问** 客单价和附加销售的下降对公司的影响如何,未来如何应对 [92][103] **管理层回答** 客单价和附加销售的下降确实是一个挑战,公司将通过推出附加产品如鸡翅等来提升客单价和附加销售,预计不会完全恢复到疫情前水平,但有望有所改善 [103]

Key Points Jack in the Box struggles in Q2, but re-franchising efforts are gaining traction. Guidance was maintained with weak comps but widening margins. Analysts view this stock as a deep value with a potential for a 50% upside. 5 stocks we like better than Jack in the Box Jack in the Box NASDAQ: JACK share prices tumbled over the last year as the Del Taco acquisition weighed on sentiment, but the rebound is on, and the upside looks tasty. The acquisition was questionable, and the rationalization of the b ...