Jack In The Box Inc

Jack in the Box Inc. operates and franchises two quick-service restaurant brands: Jack in the Box, known for burgers, tacos, breakfast, and late-night variety, and Del Taco, which combines Mexican and American QSR items. The company is headquartered in San Diego and earns revenue mainly from company-operated restaurant sales plus franchise royalties, fees, rent, and advertising contributions.

2,7 %

−5,5 %

−6,7 %

0.51

0.50

— Jack In The Box Inc
%
Jack in the Box restaurant sales55% Company-operated and franchised Jack in the Box menu sales across burgers, tacos, breakfast, snacks, and late-night items.
Del Taco restaurant sales25% Company-operated and franchised Del Taco sales of Mexican-American QSR items, including burritos, tacos, and drive-thru meals.
Franchise royalties and fees12% Royalty income, franchise fees, and other charges paid by franchisees based on restaurant sales and agreements.
Advertising and other franchise services5% Contributions from franchisees for marketing, advertising, and related support services.
Rental and occupancy revenue3% Rental income and related occupancy revenue tied to franchised or owned restaurant properties.

The core customers are value-oriented quick-service restaurant guests who want convenience, speed, and customizable...

  • Jack in the Box consumersprimary

    Guests buying burgers, tacos, breakfast, snacks, and late-night meals for convenience and variety.

  • Del Taco consumersprimary

    Guests buying Mexican-American QSR items, especially drive-thru meals and value-oriented menu choices.

  • Franchise operatorsprimary

    Operators that purchase franchise rights and ongoing support to run Jack in the Box or Del Taco restaurants.

  • Advertising fund participantssecondary

    Franchise restaurants contributing to brand marketing and local awareness programs.

The business is concentrated in the western and southern United States, where most Jack in the Box and Del Taco...

  • •Primary exposure is the western and southern United States
  • •Jack in the Box has restaurants in 22 states plus Guam and Mexico
  • •Del Taco operates across 18 states, widening U.S. market reach
  • •International presence is small and not a major revenue driver
  • •Regional concentration makes local consumer trends important

Management is focused on improving cash generation, optimizing the asset base, and using the franchise model to support...

01
Refranchise and asset monetizationshort-term

Reduces capital intensity and can improve cash flow and return on capital.

02
Del Taco portfolio reviewshort-term

Management is exploring strategic alternatives to simplify the business and unlock value.

03
Brand and menu innovationmedium-term

Distinctive menu variety supports traffic, daypart expansion, and customer retention.

04
Operational technology and franchise supportmedium-term

Labor scheduling, inventory systems, and order confirmation tools improve speed and consistency.

The company is exposed to intense QSR competition, traffic and consumer-spending sensitivity, and labor cost inflation,...

high

Labor cost inflation and staffing shortages

Restaurants need enough workers to maintain service speed, quality, and internal controls.

Scope
Company-operated restaurants and franchise system support
Materiality
high
high

Consumer demand weakness

QSR traffic is sensitive to unemployment, confidence, and local economic conditions.

Scope
Same-store sales and franchise royalties
Materiality
high
high

Del Taco brand impairment and strategic uncertainty

Management has already identified impairment indicators and is evaluating a sale.

Scope
Goodwill, trademark, and portfolio strategy
Materiality
high
medium

Cybersecurity and technology disruption

The business relies on POS, ordering, and data systems across company and franchise restaurants.

Scope
Restaurant operations, customer data, and payment systems
Materiality
medium
medium

Seasonality and weather-related volatility

Restaurant sales and profitability fluctuate with holidays, travel, and weather conditions.

Scope
Quarterly revenue and operating margin comparability
Materiality
medium
Revenue recognition for franchise royalties and fees
Affects franchise revenue growth and comparability across periods
Goodwill impairment
Can materially reduce earnings through non-cash impairment charges
Indefinite-lived trademark impairment
Can create large one-time charges and change balance sheet carrying values
Seasonality
Quarterly results may not be directly comparable
Lease and property-related accounting
Influences margins, depreciation, and impairment risk

El Pollo Loco Holdings, Inc.

LOCO · Retail-Eating Places

JAKKS PACIFIC INC

JAKK · Games, Toys & Children's Vehicles (No Dolls & Bicycles)

MCDONALDS CORP

MCD · Retail-Eating Places

Texas Roadhouse, Inc.

TXRH · Retail-Eating Places

YUM BRANDS INC

YUM · Retail-Eating Places

CHIPOTLE MEXICAN GRILL INC

CMG · Retail-Eating Places

: 28/04/2026