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Jack in the Box Inc (NASDAQ:JACK) #stocks declined 5.5% after the company missed fiscal fourth-quarter earnings expectations.  The San Diego-based fast food company, which also owns #DelTaco, reported adjusted earnings of $1.09 per share on revenue of f $372.5 million in the period, compared to expectations of $1.15 per share on revenue of $368 million.  Jack in the Box same-store sales grew 3.9% year-over-year, while Del Taco same-store sales fell 1.5%.  “We achieved several important milestones for our business in 2023 including positive unit growth, successful new market openings, accelerated Del Taco refranchising, strong same stores sales performance and improvements in restaurant-level profitability,” CEO Darin Harris said in a statement.  Looking ahead, Jack In The Box guided for full-year earnings between $6.25 and $6.50 per share. More at #Proactive #ProactiveInvestors #NASDAQ #JACK #JackInTheBox http://ow.ly/8MvY10531g4

Jack in the Box delivers fiscal 4Q earnings miss

Jack in the Box delivers fiscal 4Q earnings miss

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