Jack In The Box Inc (NAS:JACK)
$ 49.42 0.06 (0.12%) Market Cap: 930.61 Mil Enterprise Value: 4.09 Bil PE Ratio: 0 PB Ratio: 0 GF Score: 74/100

Jack in the Box Inc at Barclays Eat, Sleep, Play Conference Transcript

Nov 29, 2023 / 04:00PM GMT
Release Date Price: $70.24 (+2.62%)
Jeffrey Andrew Bernstein
Barclays Bank PLC, Research Division - Director & Senior Equity Research Analyst

Good morning, everyone. My name is Jeff Bernstein, and I'm the restaurant and foodservice distribution analyst here at Barclays. Thank you all for joining us in the room and on the webcast. Our next presenting company this morning is Jack in the Box. With us this morning from sunny San Diego, California, we have Darin Harris, CEO and Brian Scott, their newly named CFO.

By way of background, for those not familiar, Jack in the Box is a quick service portfolio company, consisting now of 2 brands, specifically the name state Jack in the Box with 2,200 primarily franchise units and Del Taco, the newer addition with 600 units that is now north of 50%, approaching 60% franchised and plans to increase that mix to 90% over the next few years. And with both of those brands still regional and focused more on the West, unit growth is accelerating and ultimately moving East. So for those of you here in New York, a little patience. But thank you all for joining us.

And with the fourth

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