$JACK

Wingstop, CAVA, Wendy's, Shake Shack, and Jack in the Box stocks fell due to reports of declining sales and traffic. Wingstop's same-store sales dropped 7.5% in Q2, and analysts cut targets for several companies. Investors are concerned about weaker traffic and earnings estimates ahead of quarterly reports.

JACK IN THE BOX INC (JACK) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 Contact: Rachel Webb Vice President, Finance & Investor Relations rachel.webb@jackinthebox.com (858) 522-4556 Press Release Jack in the Box Inc. Appoints Former Starbucks CFO Rachel Ruggeri to Board of Directors Continues Board Refreshment with Accomplished Finance L

Jack in the Box (JACK) appointed Rachel Ruggeri, ex-Starbucks CFO, to its board. Michael Murphy will retire and not seek reelection in 2027. Ruggeri has over 30 years of experience in QSR and consumer goods. The company also extended its cooperation agreement with GreenWood Investors. Jack in the Box operates 2,115 restaurants.

Jack in the Box will close its Everett, Washington store on October 10, 2026, affecting 24 employees. The closure is part of the company's plan to shut down 150-200 underperforming locations by 2025. The company also appointed Taylor Montgomery as President, effective September 14, 2026, to drive sales growth and profitability.

The GreenWood Investor's Q2 2026 letter reports underperformance but focuses on long-term investments. It highlights Jack in the Box (JACK) as a strategic pick, noting a 9.53% monthly decline and 18.69% yearly drop. The firm praises the board's decision to appoint Mark King as interim CEO, citing his experience and potential to improve same-store sales.

Gordon Haskett analyzed 2026 estimate revisions for 22 restaurant companies, finding 9 saw upward revisions, 3 held steady, and 10 faced downward revisions. Cheesecake Factory, Bloomin’ Brands, BJ’s Restaurants, and Starbucks saw upward revisions across all metrics, while Papa Johns, Wendy’s, and others saw downward revisions. The sector gained 6% over 12 months, underperforming the S&P 500's 18% gain. Revisions to same-store sales had the strongest correlation with share price moves.

Taco Bell reintroduced its Decades menu, featuring items from 2016. Jack in the Box named Taco Bell's chief brand officer, Taylor Montgomery, as president and future CEO. McDonald's has lost lower-income customers, costing $310M in sales since 2019. Chipotle partnered with a Gen Alpha influencer for a kids' meal.

Jack in the Box appoints Taylor Montgomery as President, effective September 14. Montgomery, a Taco Bell veteran, will focus on brand strategy and sales growth. The company's Q3 results were mixed, with challenges in same-store sales and franchisee profitability. Montgomery's priorities include revitalizing the brand, improving franchisee deals, enhancing restaurant quality, optimizing growth, and rebuilding confidence among franchisees and investors.

Taylor Montgomery, Taco Bell's global chief brand officer, will become president of Jack in the Box Inc. (JACK) on Sept. 14, with plans to become CEO within a year. Montgomery led Taco Bell's growth strategy, overseeing $18B in sales across 9,000 restaurants. He will work with interim CEO Mark King, who previously led Taco Bell and Xponential Fitness Inc.

Jack in the Box named Taylor Montgomery, Taco Bell's chief brand officer, as its new president and potential CEO within 12 months. Montgomery, known for driving Taco Bell's sales growth, will aim to reverse Jack in the Box's six quarters of negative same-store sales. He will work under interim CEO Mark King, who praised Montgomery's leadership.