Qdoba Mexican Eats® Warms up Winter with Loaded Tortilla Soup

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Oppenheimer Remains Bullish Despite Qdoba Headwinds Driving Jack in the Box's (JACK) EPS Miss

February 18, 2016 9:22 AM EST

Oppenheimer reiterated an Outperform rating and $86.00 price target on Jack In The Box (NASDAQ: JACK) following the company's 1Q results. Adjusted EPS of $0.93 missed Street's $1.03. Unexpected Qdoba costs were a $0.07 headwind versus consensus, accounting for most of the miss. Qdoba comps were +1.5% vs. Street's +1.3%. Guidance... More