Operations

Jack in the Box, Del Taco enjoy Q2 sales growth

Photo by istock.com

June 1, 2022

Jack in the Box had systemwide sales growth of 0.1% and Del Taco, owned by Jack in the Box, had systemwide sales growth was 2.9% in Q2.

Same-store sales for Jack in the Box decreased 0.8%, and 2.5% for Del Taco, according to an earnings release.

"While challenged by continued inflationary pressure facing our industry, we are pleased to have delivered strong same-store sales on a two-year basis. This performance has allowed our franchisees, operators and corporate team members to provide our guests with innovative and craveable food they have come to expect from Jack," Darin Harris, Jack in the Box CEO, said in the release. "I am also very excited to welcome Del Taco to the Jack in the Box family, and to show how the combination of these two challenger brands will enable faster and more efficient growth in the years to come."

As of the second quarter, and since the launch of the development program in mid-2021, the brand currently has 54 signed agreements for a total of 218 restaurants. So far 12 restaurants have opened, leaving 206 remaining for future development, according to the release.

In the quarter the company opened five and closed six Jack in the Box locations. The six restaurant closures included two company-operated restaurants, two franchise locations with early terminations and two franchise locations with agreement expirations, bringing the total Jack in the Box restaurant count to 2,207 at the end of the second quarter.

Del Taco had a Q2 net restaurant decrease of one restaurant, comprised of one opening and two closures.