Quantcast
4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs

Jack jumps

Stock soars 10.5% on earnings, outlook

Stock of San Diego's Jack in the Box fast-food chain leapt 10.46% today (Aug. 7) to $61.25. The company, bolstered by booming sales of late-night and breakfast offerings, reported third-quarter earnings of 65 cents a share, 8 points better than Wall Street analysts expected.

The company raised its forecast for the year to a range of $2.38 a share to $2.45, topping the earlier estimate of $2.25 to $2.35. The stock zoomed almost 75% last year.

Here's something you might be interested in.
Submit a free classified
or view all

Previous article

Protestors accuse Trump Boat Parade of trading in racist stereotypes

White Suprema-sea?
Next Article

Ma’s House Chinese Halal: genuine Uyghur food

“Muslim people love lamb, and always with cumin.”

Stock of San Diego's Jack in the Box fast-food chain leapt 10.46% today (Aug. 7) to $61.25. The company, bolstered by booming sales of late-night and breakfast offerings, reported third-quarter earnings of 65 cents a share, 8 points better than Wall Street analysts expected.

The company raised its forecast for the year to a range of $2.38 a share to $2.45, topping the earlier estimate of $2.25 to $2.35. The stock zoomed almost 75% last year.

Sponsored
Here's something you might be interested in.
Submit a free classified
or view all
Previous article

Kukai: founder of the “mantra” school of Buddhism

Expressions of innate wisdom
Next Article

Afro hair, piercings, obsession with abdomens, T-shirts talk, the beauty of henna, worry about fat

What San Diegans think of their clothes and their bodies
Comments
32

Goes to show ya, don't underestimate how many drunks and loadies are out in the middle of the night lining up for fast "food".

Aug. 7, 2014

If I read another story correctly, the vast majority of the sales increase was thanks to the Qdoba fast-casual restaurant chain they own.

Aug. 7, 2014

aardvark: Yes, Jack said Qdoba is doing better. Frankly, that's a surprise to me, but improvements may have been made. Best, Don Bauder

Aug. 7, 2014

shirleyberan: Yes, drunks at night, but early-risers headed to work in the morning. It takes all kinds. Best, Don Bauder

Aug. 7, 2014

I will load up on this stock if marijuana is legalized in California. The food is crap, but there's no shortage of people who will eat their slop.

Aug. 7, 2014

Ponzi: A couple of warnings: this stock is not cheap. It has had a helluva run and sells for more than 40 times earnings. Second, better check how the Jacks are doing in Washington and Colorado before you conclude the business will run in tandem with cannabis sales. (I know you know these two points already -- just tossing it in.) Best, Don Bauder

Aug. 7, 2014

Good points, Don. I was rather joking. I don't eat at Jack's or most of the fast food places. El Pollo Loco went public and their stock doubled over a few days. Investors seem to be going crazy over fast service food stocks. Chipotle has gone from $400 a share to $665 in one year. Are we in a fast food bubble?

Aug. 8, 2014

Ponzi: Chipotle stock has been crazy for quite awhile -- so crazy that my wife and I decided to eat a lunch there. Not impressive. Fast food stocks have had previous wacko runups. Best, Don Bauder

Aug. 8, 2014

Both Taco Bell and Jack in the Box are making some pointed pitches for those who get hungry around or after midnight. While there have always been night owls who are out and about during the wee hours, there's more to this story. It has been alluded to above. That is the matter of how cannabis users get hungry after sessions of smoking the stuff. For those who indulge in the evening, the urge to eat comes at the end of the evening. The recent legalization of the stuff (the weed, not the food) in two states seems to have triggered this marketing appeal. But plenty of it is consumed illegally or quasi-legally elsewhere, and the users in such locales also get hungry, or so the story goes.

To respond to Ponzi, I'd say fast food stocks are definitely overvalued now, but those stocks have plenty of company in other sectors. If that's the definition of a bubble, then yes, we are in a fast food bubble.

Aug. 8, 2014

This commercial advertises a “Munchie Meal” targeted to late night dinning. Set with bean bag chairs, a lava lamp and other ‘70’s retro décor, she appears high talking about having elbows for ears evidently caused by some mind altering substance. Yes, this is not so subtle marketing giving a nod to the change in the social attitudes and trying to capitalize on the hunger for munchies after consuming cannabis.

Aug. 8, 2014

Ponzi: You and Visduh made points that went right over my head. I thought you were kidding, but you both were apparently right on target. Clearly, there is a demographic (age) gap. I know nothing about that marijuana culture, or any aspect of the drug culture.

Or is this picture photoshopped, and you are pulling my withered old leg? Best, Don Bauder

Aug. 9, 2014

Here's the commercial from Jack In The Box:

.https://www.youtube.com/watch?v=Qiva0agp2B0.

Aug. 11, 2014

Ponzi: Maybe you weren't pulling my leg. Those who comment sure think she is stoned. Best, Don Bauder

Aug. 11, 2014

Visduh: Stocks are overvalued but bonds are potentially more overvalued. Some categories of stocks are wacko. Fast food is getting there. It's a dangerous market, but blue chip stocks with good yields still seem to me to be the best buys now, even though they are overvalued. When interest rates are as low as they are, it is hard for an investor to shun stocks. Best, Don Bauder

Aug. 8, 2014

My investing philosophy exactly. And those blue chips have the best prospects of weathering/surviving a downturn, so where else to look?

Aug. 8, 2014

Visduh: Of course, there are risks. Here I am preaching for rooftop solar, but if it could be accomplished economically, it would bite severely into utility profits. Down goes my portfolio. Will oil be the fuel of the future? Pharmaceuticals have their problems. There is always a reason why certain stocks have attractive yields: they are not attractive to certain (usually institutional) investors (gamblers, really). Best, Don Bauder

Aug. 9, 2014

Is "pink slime" back under a different name?

Aug. 8, 2014

CaptainObvious: In the last ten years or so, I have been almost forced by circumstances to eat at fast food places about three times. Each time, I ate pink slime and hated it. Best, Don Bauder

Aug. 8, 2014

Geez, what invective. Almost daily I eat something from a fast food "value menu" for lunch. (Almost never for breakfast, never for dinner.) But I'm not overindulging or stuffing myself with calories.

You're talking about the pink slime as though it was something like Soylent Green. (Look that up in your search engine.)

Aug. 8, 2014

I'd rather eat Soylent Green. Pink slime is a way to turn gargbage into gold.

Aug. 9, 2014

CaptainObvious: I guess I am going to have to look up Soylent Green. Can it wait until this afternoon? Best, Don Bauder

Aug. 9, 2014

Visduh: This blog is devoted to invective. It's what keeps us going. No namby-pamby opinions here. I will look up Soylent Green. Best, Don Bauder

Aug. 9, 2014

SOYLENT GREEN -- OUR FUTURE. I did look up soylent green, and the movie with the same name. The world is choked with pollution, searing in heat caused by greenhouse gases, overpopulated. Miserable people eat -- ugh -- soylent green. Thanks for tipping me off. Maybe I should get a DVD of the movie, because I fear we may come to that -- some time after I am dead and buried, though. Best, Don Bauder

Aug. 9, 2014

never look up a great movie before you watch it. One of Heston's best

Aug. 9, 2014

Omega Man was also one of Heston's best.

Aug. 9, 2014

Burwell: I haven't even heard of Omega Man, but, then, I am hopeless when it comes to movies and popular culture. Best, Don Bauder

Aug. 10, 2014

CaptainObvious: I have a friend who knew Heston when he was a budding actor. He was called Chuck Heston. Best, Don Bauder

Aug. 10, 2014

Didn't flag. The 101st and last for Edward G Robinson.

Aug. 9, 2014

Didn't flag again. This is just a guess but soilent might taste like Robinson or Bauder.

Aug. 10, 2014

shirleyberan: How do you know what Bauder and Robinson taste like? Best, Don Bauder

Aug. 10, 2014

I said I never ate soilent old guys and you said it wasn't possible this year.

Aug. 10, 2014

Donny - what do you taste like? You should know. Certainly not chicken.!!

Aug. 11, 2014

Sign in to comment

Sign in

Art Reviews — W.S. Di Piero's eye on exhibits Ask a Hipster — Advice you didn't know you needed Best Buys — San Diego shopping Big Screen — Movie commentary Blurt — Music's inside track Booze News — San Diego spirits City Lights — News and politics Classical Music — Immortal beauty Classifieds — Free and easy Cover Stories — Front-page features Excerpts — Literary and spiritual excerpts Famous Former Neighbors — Next-door celebs Feast! — Food & drink reviews Feature Stories — Local news & stories From the Archives — Spotlight on the past Golden Dreams — Talk of the town Here's the Deal — Chad Deal's watering holes Just Announced — The scoop on shows Letters — Our inbox [email protected] — Local movie buffs share favorites Movie Reviews — Our critics' picks and pans Musician Interviews — Up close with local artists Neighborhood News from Stringers — Hyperlocal news News Ticker — News & politics Obermeyer — San Diego politics illustrated Of Note — Concert picks Out & About — What's Happening Overheard in San Diego — Eavesdropping illustrated Poetry — The old and the new Pour Over — Grab a cup Reader Travel — Travel section built by travelers Reading — The hunt for intellectuals Roam-O-Rama — SoCal's best hiking/biking trails San Diego Beer — Inside San Diego suds SD on the QT — Almost factual news Set 'em Up Joe — Bartenders' drink recipes Sheep and Goats — Places of worship Special Issues — The best of Sports — Athletics without gush Street Style — San Diego streets have style Suit Up — Fashion tips for dudes Theater Reviews — Local productions Theater antireviews — Narrow your search Tin Fork — Silver spoon alternative Under the Radar — Matt Potter's undercover work Unforgettable — Long-ago San Diego Unreal Estate — San Diego's priciest pads Waterfront — All things ocean Your Week — Daily event picks
4S Ranch Allied Gardens Alpine Baja Balboa Park Bankers Hill Barrio Logan Bay Ho Bay Park Black Mountain Ranch Blossom Valley Bonita Bonsall Borrego Springs Boulevard Campo Cardiff-by-the-Sea Carlsbad Carmel Mountain Carmel Valley Chollas View Chula Vista City College City Heights Clairemont College Area Coronado CSU San Marcos Cuyamaca College Del Cerro Del Mar Descanso Downtown San Diego Eastlake East Village El Cajon Emerald Hills Encanto Encinitas Escondido Fallbrook Fletcher Hills Golden Hill Grant Hill Grantville Grossmont College Guatay Harbor Island Hillcrest Imperial Beach Imperial Valley Jacumba Jamacha-Lomita Jamul Julian Kearny Mesa Kensington La Jolla Lakeside La Mesa Lemon Grove Leucadia Liberty Station Lincoln Acres Lincoln Park Linda Vista Little Italy Logan Heights Mesa College Midway District MiraCosta College Miramar Miramar College Mira Mesa Mission Beach Mission Hills Mission Valley Mountain View Mount Hope Mount Laguna National City Nestor Normal Heights North Park Oak Park Ocean Beach Oceanside Old Town Otay Mesa Pacific Beach Pala Palomar College Palomar Mountain Paradise Hills Pauma Valley Pine Valley Point Loma Point Loma Nazarene Potrero Poway Rainbow Ramona Rancho Bernardo Rancho Penasquitos Rancho San Diego Rancho Santa Fe Rolando San Carlos San Marcos San Onofre Santa Ysabel Santee San Ysidro Scripps Ranch SDSU Serra Mesa Shelltown Shelter Island Sherman Heights Skyline Solana Beach Sorrento Valley Southcrest South Park Southwestern College Spring Valley Stockton Talmadge Temecula Tierrasanta Tijuana UCSD University City University Heights USD Valencia Park Valley Center Vista Warner Springs
Close