Jack In The Box (JACK) PT Raised to $88 at Barclays
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Jack in the Box (JACK) Continues to Climb, Analyst Lifts Price Target
August 11, 2022 9:56 AM EDTJack in the Box (NASDAQ: JACK) is up 1.66% in early Thursday trading after the company's over 7% gain on Wednesday post earnings release.
The American fast-food restaurant chain reported adjusted fiscal third-quarter earnings of $1.38, $0.07 worse than the analyst estimate of $1.45 and below last year's $1.64 per share. Revenue for the quarter came in at $398.3 million versus the consensus estimate of $383.74 million.
Jack in the Box systemwide sales decreased 1.4%, and same-store sales dipped 0.6% during the quarter, with the company saying it raised prices to offset higher... More
