Business Ins and Outs | Jack in the Box, airport shuttle, Dutch Bros. and 7 Brew opening
This article details new business openings and developments in Northwest Indiana. Jack in the Box is returning with its first location in Hammond, while 7 Brew and Dutch Bros. coffee chains are expanding their presence in the region. Additionally, a new airport shuttle service, City Zoom, has launched to O'Hare International Airport, and other businesses like Erie Home and Indiana Farm Bureau Insurance - Christenson Agency have opened new offices.
Jack in the Box stock falls 1.74 percent after Q3 sales slip
Jack in the Box stock (JACK) dropped 1.74% on October 2, 2026, after reporting mixed Q3 fiscal results. While revenue of USD 257.66 million missed expectations, adjusted operating EPS of USD 0.96 surpassed the consensus. Despite a 22.6% decline in Q3 revenue year-over-year, adjusted EBITDA improved, indicating better cost control.
What Changed For Jack In The Box When The Story Stopped Covering The Numbers?
Jack in the Box (NASDAQ: JACK) shares recently spiked by 45% due to a short squeeze and a US$500 million debt refinancing, despite a 35.3% loss for shareholders over the past year. The company plans to shut down 150 to 200 underperforming locations by 2026. While the debt refinancing addressed balance sheet risks, recent quarterly results showed a decline in revenue and net income, highlighting ongoing profitability pressures.
Jack In The Box Inc. (NASDAQ:JACK) Stock Now Rated "Hold" by Sell-Side Brokerages
Eighteen research firms currently rate Jack In The Box Inc. (NASDAQ:JACK) as a "Hold," with an average 12-month price target of $17.22. The company recently surpassed earnings per share expectations but missed revenue estimates, which also declined year-over-year. Institutional investors hold a significant 99.79% stake in the stock, with several major funds initiating new positions in the second quarter.
1,164,421 Shares in Jack In The Box Inc. $JACK Purchased by Bank of America Corp DE
Bank of America Corp DE has acquired a new stake of 1,164,421 shares in Jack In The Box Inc. (NASDAQ:JACK), valued at approximately $18.4 million, representing a 6.11% ownership. Despite this institutional interest, analysts largely maintain a "Hold" rating on the stock with an average price target of $17.22. The company recently reported quarterly EPS of $0.96, exceeding estimates, but revenue declined by 22.6% year over year.
Former Starbucks CFO joins Jack in the Box board amid leadership overhaul
Former Starbucks CFO Rachel Ruggeri has been appointed as an independent director to the board of Jack in the Box. This move occurs during a period of leadership transition and a significant stock decline for the San Diego-based fast-food chain.
Jack in the Box stock holds at USD 13.40 after mixed results
Jack in the Box (JACK) stock closed at $13.40 on September 22, 2026, marking a 29% decline year-to-date, despite fiscal Q3 EPS beating estimates while revenue missed. Mizuho raised its price target to $16.00 but maintained a Neutral rating, citing concerns over sales growth and margin visibility. An executive's stock sale to cover tax obligations also provided additional context to the company's mixed performance.
Jack in the box exec chairman King sells $76,583 in stock
Mark James King, Executive Chairman and Interim CEO of Jack in the Box Inc., sold 5,627 shares of company stock worth $76,583 on September 22, 2026. This transaction was primarily to cover tax withholding obligations related to restricted stock units. Despite the sale, King still directly owns 176,278 shares, and while the stock is down year-to-date, InvestingPro analysis suggests it is undervalued with profitability expected this year.
Ex-Starbucks CFO joins Jack in the Box board
Jack in the Box has appointed Rachel Ruggeri, former CFO of Starbucks, to its board of directors as an independent director, continuing its board refreshment efforts. This move is part of an ongoing strategy to enhance financial expertise and shareholder dialogue, following a cooperation agreement with GreenWood Investors LLC. The company is also navigating significant financial challenges, including declining sales and widening debt, and has implemented leadership changes and debt reduction plans.
7.1% holder gets a say on Jack in the Box (JACK) board picks and investor day
GreenWood Investors LLC and Steven Wood, holding 7.1% of Jack in the Box (JACK) common stock, have amended their Schedule 13D filing, detailing an updated Cooperation Agreement with the company. This amendment extends their agreement for another year, grants GreenWood consultation rights on new director appointments, and mandates an "Investor Day" by June 30, 2027, with GreenWood's input on its scheduling and content. The filing clarifies GreenWood's shared voting and dispositive power over its substantial stake.
Former Starbucks CFO joins Jack in the Box (NASDAQ: JACK) board
Jack in the Box (NASDAQ: JACK) has appointed Rachel Ruggeri, former Executive Vice President and CFO of Starbucks, as an independent director to its Board, effective September 17, 2026. This appointment is part of the company's ongoing board refreshment efforts, and comes as longtime director Michael Murphy plans to retire. Additionally, Jack in the Box and GreenWood Investors have extended their cooperation agreement through the 2028 annual meeting nomination window.
Jack in the Box adds a former Starbucks exec to its board
Jack in the Box has appointed former Starbucks CFO Rachel Ruggeri to its board as part of an ongoing overhaul of its leadership structure, with current board member Michael Murphy retiring. The company also extended a cooperation agreement with activist fund Greenwood Investors and recently appointed Taylor Montgomery as president and CEO-in-waiting, offering him a substantial compensation package. These changes come as the fast-food chain seeks to improve declining sales and stock performance.
Jack in the Box Adds Former Starbucks CFO Rachel Ruggeri to Board
Jack in the Box Inc. has appointed Rachel Ruggeri, former Starbucks CFO, to its Board of Directors as an independent director, continuing a board refresh aimed at improving unit economics and financial performance. Concurrently, director Michael Murphy will retire, and the company extended its cooperation agreement with GreenWood Investors. Ruggeri brings over 30 years of finance experience in the quick-service restaurant and consumer goods industries, enhancing the board's focus on strengthening restaurant-level economics and sustainable growth.
Jack in the Box Inc. Appoints Former Starbucks CFO Rachel Ruggeri to Board of Directors
Jack in the Box Inc. has appointed Rachel Ruggeri, former Executive Vice President and CFO of Starbucks Corporation, to its Board of Directors as an independent director. This appointment is part of the Board's ongoing refreshment efforts to bring new perspectives and expertise, and Michael Murphy will retire from the Board. The company also extended its cooperation agreement with GreenWood Investors, LLC.
Jack In The Box appoints Rachel Ruggeri to board as Michael Murphy to retire
Jack In The Box has appointed Rachel Ruggeri, formerly CFO of Starbucks, as an independent director to its board. Concurrently, Michael Murphy will retire from the board at the end of his current term following the 2027 Annual Meeting. This appointment is part of an agreement with GreenWood and is not due to any disagreement with the company.
Ex-Starbucks CFO joins Jack in the Box board
Jack in the Box has appointed former Starbucks CFO Rachel Ruggieri to its board of directors, continuing its board refreshment efforts. This move aligns with the company's commitment to constructive dialogue with shareholder GreenWood Investors LLC and its ongoing strategies to pay down debt and improve capital structure. Ruggieri's extensive finance and restaurant experience is expected to support these initiatives.
Jack in the Box Inc. Appoints Former Starbucks CFO Rachel Ruggeri to Board of Directors
Jack in the Box Inc. announced the appointment of Rachel Ruggeri, former Executive Vice President and CFO of Starbucks Corporation, to its Board of Directors as an independent director. This move adds significant finance and restaurant industry expertise to the Board, and coincides with the planned transition of President Taylor Montgomery to CEO within the next year, who will also join the Board. The company also extended its cooperation agreement with GreenWood Investors, LLC, reflecting a commitment to board refreshment and alignment with shareholders.
Jack in the Box Appoints Rachel Ruggeri to Board
Jack in the Box Inc. has appointed Rachel Ruggeri, former Executive Vice President and CFO of Starbucks Corporation, as an independent director to its Board of Directors. This appointment is part of the board's refreshment efforts and coincides with the retirement of Michael Murphy from the board. The company also announced the extension of its cooperation agreement with GreenWood Investors, LLC.
Jack in the Box Inc. Appoints Former Starbucks CFO Rachel Ruggeri to Board of Directors
Jack in the Box Inc. has appointed Rachel Ruggeri, former Executive Vice President and CFO of Starbucks Corporation, to its Board of Directors as an independent director. This appointment is part of the Board's ongoing refreshment efforts, which also include the upcoming retirement of Michael Murphy from the Board. The company also extended its cooperation agreement with GreenWood Investors, LLC.
Jack in the Box Extends Cooperation Agreement With GreenWood
Jack in the Box announced an extension of its cooperation agreement with GreenWood, as stated in a Monday filing. The article from MT Newswires indicates that this content is premium and requires a subscription to read in full.
What’s Behind Jack In The Box (NASDAQ:JACK) Momentum?
Jack In The Box (NASDAQ: JACK) recently attracted attention after its stock moved above its long-term moving average, coinciding with a mixed quarterly update. While adjusted per-unit performance exceeded estimates, overall quarterly sales declined. The article examines the company's operational model, including its quick-service restaurants, menu innovation, and franchise structure, against the backdrop of changing customer preferences and competitive pressures in the consumer stock environment.
Engineers Gate Manager LP Has $1.24 Million Stake in Jack In The Box Inc. $JACK
Engineers Gate Manager LP significantly reduced its stake in Jack In The Box Inc. (NASDAQ:JACK) by 58.6% in the second quarter, now holding 78,551 shares valued at approximately $1.24 million. Despite the company beating EPS estimates, revenue fell short of expectations, declining 22.6% year-over-year. Analysts currently hold a consensus "Hold" rating for Jack In The Box, with an average price target of $17.22.
Jack In The Box (NASDAQ:JACK) Stock Passes Above 200-Day Moving Average - Here's What Happened
Shares of Jack In The Box (NASDAQ:JACK) briefly moved above their 200-day moving average but closed lower. Despite exceeding EPS expectations, the company missed revenue estimates, which were down 22.6% year over year. Analyst ratings remain largely "Hold" with a consensus target price of $17.22, and institutional investors and hedge funds hold nearly all of the stock.
Mountain Mike’s appoints Jack in the Box veteran as chief marketing officer
Mountain Mike's Pizza has appointed Sheena Dougher, a veteran with over 15 years of restaurant marketing experience, as its new Chief Marketing Officer. Dougher previously served as VP of Brand Marketing at Jack in the Box, where she led award-winning campaigns and brand strategy. Her appointment follows Mountain Mike's strong performance in 2025, with increased units and sales outpacing the overall pizza category.
Jack in the Box Just Dropped a ‘Simpsons’ Halloween Menu With Collectible Glow-in-the-Dark Cups
Jack in the Box has launched a limited-time "The Simpsons: Treehouse of Horror" Halloween menu, featuring Krusty-inspired burgers and Forbidden D’oh!nut Holes. The menu, available nationwide through the app and online, also includes a Munchie Meal of Horror that comes with one of six collectible glow-in-the-dark "The Simpsons" cups. This collaboration aims to bring a bit of Springfield to fans for the Halloween season.
SPOOKY Fast-Food Menus: Jack in the Box's Debuts a Simpsons Treehouse of Horror Menu
Jack in the Box has introduced a "Simpsons Treehouse of Horror" menu, featuring character-driven items and spooky flavors for a limited time. The lineup includes a "Munchie Meal of Horror" with choice of burgers or chicken sandwiches, along with tacos, curly fries, a drink, and a collectible glow-in-the-dark cup, all served in a themed box. This collaboration aims to leverage pop culture fandom and seasonal themes to drive customer engagement and create novelty through collectible packaging and unique sauces like the "Spooky Simpsons Sauce."
Jack in the Box Is Dropping a ‘Treehouse of Horror’ Simpsons Meal with Six Glow-In-The-Dark Cups, and It Lands September 10
Jack in the Box is releasing a limited-time "Munchie Meal of Horror" inspired by The Simpsons' "Treehouse of Horror" specials. The meal includes a choice of horror-themed burgers or chicken sandwiches with "Spooky Simpsons Sauce," Forbidden D'oh!nut Holes, and collectible glow-in-the-dark cups featuring characters like Hugo, Marge, and Homer. This promotion coincides with the upcoming "Treehouse of Horror XXXVII" and The Simpsons season 38 premiere.
Jack in the Box Brings The Simpsons Treehouse of Horror to the Drive-Thru with a Monstrous Menu for a Limited Time
Jack in the Box is collaborating with The Simpsons to introduce a limited-time "Treehouse of Horror" themed menu and collectibles. This Halloween-inspired lineup includes Krusty-inspired burgers, Forbidden D’oh!nut Holes, and a Munchie Meal of Horror, all featuring new Spooky Simpsons Sauce and glow-in-the-dark collectible cups. The collaboration aims to immerse fans in the twisted world of Springfield with custom packaging and character-inspired items.
‘The Simpsons’ and Jack in the Box Debut ‘Treehouse of Horror’-Themed Munchie Meals (Exclusive)
The Simpsons has partnered with Jack in the Box to launch "Treehouse of Horror"-themed Munchie Meals and other special menu items. These offerings include unique burgers, chicken sandwiches, and "Forbidden D’oh!nut Holes," alongside collectible glow-in-the-dark cups featuring fan-favorite characters. The collaboration celebrates the animated series' upcoming 37th Halloween special and is available for a limited time.
Avatar Provides Bridge Loan on NorCal Jack in the Box Properties
Avatar Financial Group LLC has provided a $5.1-million bridge loan for two net-leased Jack in the Box restaurants in Redding and Grass Valley, California. The loan, originated at approximately 60% loan-to-value with a two-year term, addresses a loan-maturity problem for the sponsor, not a property-performance issue. The sponsor plans to either sell the properties or secure permanent financing before the bridge loan matures.
Bank of New York Mellon Corp Makes New $1.71 Million Investment in Jack In The Box Inc. $JACK
Bank of New York Mellon Corp has acquired a new stake in Jack In The Box Inc. (NASDAQ:JACK), purchasing 108,066 shares valued at approximately $1.71 million, representing a 0.57% ownership. Other institutional investors also adjusted their holdings in the company. Despite Jack In The Box beating quarterly EPS estimates, its revenue declined year-over-year, and analysts maintain a "Hold" rating with an average price target of $17.22.
Why Active Owners Are Betting on Jack in the Box (JACK)
The GreenWood Investor's Q2 2026 letter highlights its strategic focus on stable long-term investments, such as Jack in the Box (JACK), rather than chasing AI hype. The firm notes the recent appointment of Mark King as interim CEO of Jack in the Box, anticipating his leadership will significantly improve same-store sales. Despite Jack in the Box not being a top holding among hedge funds, GreenWood sees potential in the restaurant chain.
Stock Traders Purchase High Volume of Jack In The Box Call Options (NASDAQ:JACK)
Investors recently purchased a high volume of call options for Jack In The Box (NASDAQ:JACK), indicating a potential bullish sentiment despite a consensus "Hold" rating from analysts. Institutional ownership remains very high at 99.79%, with several major investors increasing their stakes. The company's recent quarterly EPS of $0.96 surpassed estimates, although revenue saw a 22.6% year-over-year decline.
Jack in the Box completes Harri workforce management rollout
Jack in the Box has completed a five-month rollout of Harri's workforce management platform across all 2,112 of its U.S. restaurants, marking one of the largest and fastest implementations in the restaurant industry. The new system provides managers with scheduling, labor forecasting, compliance monitoring, and real-time labor optimization through a mobile-first platform, integrating with existing technology systems. This initiative aims to streamline operations and enhance efficiency for the company's franchise organizations.
BlackRock Inc. Purchases Shares of 1,342,305 Jack In The Box Inc. $JACK
BlackRock Inc. acquired 1.34 million shares of Jack In The Box Inc. in the second quarter, valuing its stake at approximately $21.2 million and representing 7.04% ownership. Other institutional investors also adjusted their positions in the company. Despite beating EPS estimates with $0.96, Jack In The Box's revenue fell 22.6% year-over-year to $257.66 million, missing forecasts, and analysts maintain a cautious "Hold" rating with an average price target of $17.22.
Jack In The Box Inc. (NASDAQ:JACK) Receives Consensus Rating of "Hold" from Brokerages
Jack In The Box Inc. (NASDAQ:JACK) has received a consensus "Hold" rating from 18 analysts, with an average 12-month price target of $17.22. Recent analyst actions included mixed price target adjustments and a downgrade from Guggenheim, while Goldman Sachs maintained a "sell" rating. The company beat EPS expectations but saw a 22.6% year-over-year revenue decline.
Jack in the Box Completes Workforce Management Rollout Across All 2,112 U.S. Locations with Harri
Harri, a leading workforce management platform, has successfully completed its enterprise-wide rollout across all 2,112 Jack in the Box locations in the U.S. The rapid five-month implementation provides Jack in the Box with advanced scheduling, labor forecasting, and compliance monitoring, integrating seamlessly with existing technology. This initiative aims to simplify managers' work and optimize labor deployment, reflecting a growing demand for scalable workforce solutions in the restaurant industry.
Liquidity Mapping Around (JACK) Price Events
This article from Stock Traders Daily provides a liquidity mapping analysis for Jack In The Box Inc. (NASDAQ: JACK), indicating weak sentiment across all horizons and suggesting a short bias. It highlights an exceptional risk-reward short setup targeting 24.1% downside with minimal risk. The analysis also details institutional trading strategies including position trading, momentum breakout, and risk hedging, alongside multi-timeframe signal analysis.
Biglari Capital CORP. Buys Shares of 1,683,652 Jack In The Box Inc. $JACK
Biglari Capital CORP. has acquired a new stake of 1,683,652 shares in Jack In The Box Inc., valued at approximately $26.6 million, making it their 4th largest holding. Other institutional investors like Allworth Financial LP and Northwestern Mutual Wealth Management Co. also increased their holdings. The article also details Jack In The Box's recent financial performance, stock movement, and analyst ratings.
Biglari Sardar Makes New Investment in Jack In The Box Inc. $JACK
Biglari Sardar has acquired a new position in Jack In The Box Inc. (NASDAQ:JACK) during the second quarter, purchasing over 200,000 shares valued at approximately $3.17 million. This makes Jack In The Box its 7th largest holding. Other institutional investors like Biglari Capital CORP. and Bank of America Corp DE also adjusted their stakes in the restaurant operator.
Jack In The Box Inc. $JACK Shares Purchased by Bank of America Corp DE
Bank of America Corp DE increased its stake in Jack In The Box Inc. (NASDAQ:JACK) by 21.2% in the first quarter, acquiring an additional 108,865 shares for a total of 622,779 shares valued at approximately $6.0 million. Institutional investors collectively own 99.79% of the company's stock. Analysts generally maintain a "Hold" rating for JACK, with a consensus price target of $17.22, despite the company beating quarterly EPS estimates but experiencing a significant year-over-year revenue decline.
Manning & Napier Advisors LLC Buys Shares of 376,343 Jack In The Box Inc. $JACK
Manning & Napier Advisors LLC recently acquired 376,343 shares of Jack In The Box Inc. (NASDAQ:JACK) worth $5.95 million, establishing a 1.97% stake in the company. Institutional investors now collectively own 99.79% of Jack In The Box. Despite the significant institutional ownership, analysts maintain a "Hold" rating with an average price target of $17.22, and the company recently exceeded EPS forecasts but reported a 22.6% year-over-year revenue decline.
Jack in the Box turns to young Taco Bell marketing whizz behind viral influencer campaigns to revive its burger business
Jack in the Box, facing over 18 months of declining sales, has hired Taylor Montgomery, former global chief brand officer at Taco Bell, as its new president and future CEO. Montgomery, known for his viral influencer campaigns and focus on authenticity at Taco Bell, will be tasked with revitalizing the burger chain's brand, improving customer experience, and addressing its struggling sales and plummeting stock price. He will officially become president next month and take over as CEO within a year.
Taco Bell throws back to 2016, Jack in the Box names CEO-in-waiting, and Chipotle looks to Gen Alpha
This article discusses the latest restaurant industry news, focusing on Taco Bell's nostalgic menu, Jack in the Box's CEO succession strategy, and Chipotle's marketing efforts towards Gen Alpha. It also touches on McDonald's struggles with lower-income consumers and other economic warning signs affecting restaurant spending.
Behind Jack in the Box’s push into collectibles
Jack in the Box is embracing the collectibles trend, introducing items like Jack Sipper Cups and Jibbis bag charms, to celebrate its 75th anniversary and meet evolving consumer expectations. The brand's VP of marketing, Sheena Dougher, notes that consumers now seek experiences beyond just food, and these collectibles, some offered with meals and others sold separately, create excitement and engagement. This strategy also generates user-generated content and appeals to "kidult" and Gen Z demographics, helping brands cut through digital noise.
Jack in the Box names Taylor Montgomery as president ahead of CEO move
Jack in the Box has appointed Taylor Montgomery as president, effective September 14, 2026, as part of a previously disclosed succession plan. Montgomery, formerly global chief brand officer at Yum! Brands' Taco Bell, is expected to become CEO within 12 months. He will work with executive chairman and interim chief executive Mark King to drive strategic priorities, including sustainable sales growth and franchisee profitability.
Jack in the Box Names Taco Bell Veteran Taylor Montgomery as Future CEO
Jack in the Box has appointed Taylor Montgomery, a Taco Bell veteran, as its future CEO. Montgomery will join as president on September 14, with the expectation to become CEO within 12 months. This move comes as Jack in the Box aims to improve sales, execution, and franchisee profitability, having recently faced declining same-store sales and working through a plan to close underperforming restaurants and reduce debt.
Taco Bell veteran named Jack in the Box president, next CEO
Jack in the Box Inc. has appointed Taylor Montgomery, a Taco Bell veteran, as its new president, effective September 14. Montgomery is expected to become CEO within the next 12 months, succeeding interim CEO Mark King. His role will focus on driving sales growth, improving franchisee profitability, and positioning the company for long-term success.
Jack in the Box Names Taylor Montgomery President in CEO Succession
Jack in the Box Inc. has appointed Taylor Montgomery, formerly of Taco Bell, as President, effective September 14, 2026. This move positions Montgomery to become CEO within the next 12 months as part of a succession plan. His role will focus on driving sales growth, improving franchisee profitability, and enhancing restaurant performance across the company's 2,115 locations.
Jack in the Box names Taylor Montgomery as president
Jack in the Box Inc. has appointed Taylor Montgomery as its new President, effective September 14, 2026. Montgomery, formerly Global Chief Brand Officer at Taco Bell, is expected to become CEO within the next 12 months and will lead the brand strategy to drive sales growth and franchisee profitability. This appointment is part of the company's succession plan, with Montgomery working alongside current Executive Chairman and Interim CEO Mark King during the transition.
