010243 Jack in the Box Reports Recent GrowthFebruary 24, 2001San Diego, CA - Jack in the Box Inc., operator and franchiser of Jack in the Box restaurants, announced a 4.9% year-to-year improvement in same-store average weekly sales for the recent four-week period, which ended February 18. The company's earnings outlook for the second quarter of fiscal 2001, ending April 15, remains unchanged at 46-to-50 cents per share. Founded in 1951, Jack in the Box is the nation's first major drive- thru hamburger chain. With fiscal-year 2000 systemwide sales of nearly $2 billion, the San Diego-based company operates or franchises more than 1,670 quick-service restaurants in 15 states and has more than 40,000 employees. E-mail: sflanagan@sprintmail.com |