Jack In The Box Inc (NAS:JACK)
$ 46.83 -1.19 (-2.48%) Market Cap: 912.53 Mil Enterprise Value: 4.10 Bil PE Ratio: 0 PB Ratio: 0 GF Score: 74/100

Jack in the Box Inc at Jefferies Consumer Conference Transcript

Jun 20, 2022 / 12:00PM GMT
Alex Slagle
Jefferies LLC - Analyst

Welcome, everyone. I'm Alex Slagle from Jefferies. I'd like to thank Jack in the Box and its head of IR, Chris Brandon, for joining us today for the Jefferies consumer conference.

A quick background, Jack in the Box is one of the largest QSR burger chains in the US, operating, franchising over 2,200 Jack in the Box restaurants in 21 states, with more than 90% of its systems franchised. The company also recently acquired Del Taco restaurants, which is the number two QSR Mexican chain with about 600 units in 16 states and is about 50% franchised. CEO, Darin Harris, joined the company a little over two years ago. And under his leadership, the company has been building its foundation to accelerate growth in the system and drive long-term shareholder value.

And I'd like to turn it over to Chris here to set the stage. Perhaps start off with some thoughts about what you've seen at Jack in the Box since you joined the organization about a year ago, and some of the things that really excite you or give you confidence in the growth opportunity ahead.

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