Jack in the Box (JACK) also saw a rating upgrade from Stifel analysts, who upgraded the company's stock to Buy from Hold. Eli Lilly (LLY), on the other hand, saw a double downgrade from HSBC analysts.

Is this a sign of the times? Apparently so. Jack in the Box is the latest franchise to announce a big streamlining of its locations, announcing the closure of 150–200 underperforming restaurants.

Jack in the Box pre-announced its earnings, revealing that sales at Del Taco dropped 3.6% and it will no longer provide financial guidance as it explores a sale. Meanwhile, Jack in the Box sales ...

Jack in the Box plans to close approximately 10% of its locations and is exploring a sale of its Del Taco brand amid a broader overhaul of the fast-food chain that is struggling as customers cut ...

Fast food chain Jack in the Box announced plans this week to close up to 200 locations as part of a broader strategy to improve long-term finances. The chain offering burgers, chicken sandwiches ...

Jack in the Box is planning to close between 150 to 200 underperforming restaurants and could sell the Del Taco brand it acquired in 2022. The San Diego-based chain, which currently operates and ...

Jack in the Box has announced it is planning to close between 150 to 200 underperforming restaurants and could sell the Del Taco brand it acquired three years ago. On April 23, the San Diego-based ...

Jack in the Box also stated that it would halt its dividend payments effective immediately. The company had been paying a dividend of $1.76 per share on an annual basis, which was yielding nearly 7%.

Jack in the Box has announced plans to close 150-200 underperforming stores as part of a plan to improve long-term financial performance. The company aims to shutter nearly 120 stores by the end ...

Jack in the Box said Wednesday it is planning to close between 150 to 200 underperforming restaurants and could sell the Del Taco brand it acquired three years ago. The San Diego-based chain ...

In a surprise move, Jack in the Box announced this week it would be closing as many as 200 of its restaurant locations, in addition to possibly unloading Del Taco, a chain it purchased only three ...