Tuesday, May 14, 2019 6:46:20 PM
After premium products drove down comparable sales in the first seven weeks, Jack in the Box , in the middle of the first quarter of the current financial year has shifted to a more value-based approach. The new strategy, which will continue for the remainder of the year, arrested the slide in comp sales with minimal or no impact on the gross margin. This weeks earnings could bring a nice surprise and jump in price.
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