Jack
in the Box
Fast-food hamburger
chain.
Headquarters:
9330 Balboa Ave.
San Diego, CA 92123
Employees: 45,000
CEO: Linda Lang
Stock Symbol: JBX
Website:
http://www.jackinthebox.com
Career
Site
Jack in the Box Inc. is a restaurant company
that operates and franchises Jack in the Box restaurants and,
through a wholly owned subsidiary, Qdoba Mexican Grill in a combined
43 states. The company also operates approximately 50 convenience
stores called Quick Stuff, which include a major-branded fuel
station and are located next to a full-size Jack in the Box restaurant.
Jack in the Box is among the nation's leading
fast-food hamburger chains, with 2,065 quick-serve restaurants
in 17 states. As the first major hamburger chain to develop and
expand the concept of drive-thru dining, Jack in the Box has
always emphasized on-the-go convenience, with about 85 percent
of the half-billion guests served annually buying food at the
drive-thru or for take-out. In addition to drive-thru windows,
most restaurants have indoor dining areas and are open 18-24
hours a day.
Jack in the Box pioneered a number of firsts
in the quick-serve industry. It was the first major fast-food
chain that started as a drive-thru, and it was also the first
to introduce menu items that are now staples on most fast-food
menu boards, including a breakfast sandwich and portable salad.
Today, Jack in the Box offers a broad selection of distinctive,
innovative products targeted at the adult fast-food consumer,
including hamburgers, specialty sandwiches, salads and real ice
cream shakes. Hamburgers represent the core of the menu, including
the signature Jumbo Jack, Sourdough Jack and Ultimate Cheeseburger.
The company also offers value-priced products on "Jack's
Value Menu," including tacos, a chicken sandwich and Breakfast
Jack.
Qdoba Mexican Grill is an emerging leader
in fast-casual dining - the fastest growing segment in the restaurant
industry - with 298 restaurants in 40 states. Its flexible restaurant
design can be built as a free-standing structure or as an integrated
part of a retail development, with indoor seating generally accommodating
60-80 guests. Qdoba is renowned for offering nouveau Mexican
cuisine that appeals primarily to adult tastes. Orders are custom-made
using blends of Mexican spices and fresh flavors, including freshly
grilled chicken and steak.
In 2005, the company reported revenues
of $2.5 billion and net income of $91.5 million.
History
In 1951, a businessman named Robert Peterson
opened the first Jack in the Box restaurant in San Diego on the
main east-west thoroughfare leading into city. Equipped with
an intercom system and drive-thru window, the tiny restaurant
served up hamburgers to passing motorists for just 18 cents,
while a large jack-in-the-box clown kept watch from the roof.
Along with his Jack in the Box restaurants,
Mr. Peterson operated other restaurant concepts as well as a
food-manufacturing facility as divisions of a parent company
called San Diego Commissary Co. In 1960, San Diego Commissary
changed its name to Foodmaker Co., and Jack in the Box expanded
outside of California with the opening of its first restaurants
in Phoenix, Ariz. Three years later, Jack in the Box expanded
into Texas, where it opened restaurants in the Houston and Dallas-Ft.
Worth areas.
In 1968, Ralston Purina Co. acquired controlling
interest in Foodmaker and operated the company as a wholly-owned
subsidiary. Under Ralston Purina, Jack in the Box restaurants
underwent a major expansion in an effort to penetrate the eastern
and midwestern markets, and the business grew to more than 1,000
restaurants by 1979. That same year, Foodmaker decided to concentrate
its efforts and resources in the western and southwestern markets,
which it believed offered the greatest growth and profit potential.
Accordingly, the company sold or closed more than 200 Jack in
the Box restaurants in the eastern and midwestern markets.
An investment group, including members
of Foodmaker management, completed a leveraged buyout of the
company from Ralston Purina in 1985. Foodmaker went public two
years later before an investment group, again including members
of Foodmaker management, converted the company to a privately
owned corporation in 1988. In 1992, Foodmaker again went public,
with an offering of 17.2 million shares priced at $15 per share.
In 1995, Foodmaker launched an advertising
campaign that featured Jack as the company's fictional founder,
CEO and ad pitchman. Longtime customers will remember Jack as
a clown who formerly served atop the company's family-friendly
drive-thru speaker box. Then in 1980, he was blown up in a television
commercial that signaled a shift toward more adult fare. With
his oversized, ping-pong ball-shaped head, biting wit and unfailing
dedication to offering the finest fast-food experience to his
guests, Jack and his commercials were an instant hit. Soon, his
likeness appeared on premiums ranging from antenna toppers to
Pez dispensers. More than 27 million premiums bearing Jack's
likeness have been sold since 1995.
Over the years, Foodmaker divested itself
of all restaurant concepts except Jack in the Box and closed
its food-manufacturing facilities. Acknowledging the strength
and growth of the Jack in the Box brand, the company changed
its name to Jack in the Box Inc. in 1999 and converted its New
York Stock Exchange ticker symbol to JBX. That same year, Jack
in the Box expanded into the southeastern U.S., with new restaurants
opening in Charlotte, Baton Rouge and Nashville. A fourth southeastern
market, Greenville-Spartanburg, was opened in 2001.
In 2002, Jack in the Box introduced a new,
co-branded concept that combined a full-size Jack in the Box
restaurant with the company's proprietary brand of convenience
store called Quick Stuff.
With a long-term goal of becoming a national
restaurant company, Jack in the Box entered the fast-casual restaurant
category in 2003 with the acquisition of Qdoba Restaurant Corporation,
operator and franchiser of Qdoba Mexican Grill. With more than
300 restaurants operating in 40 states, Qdoba is an emerging
leader in fast-casual dining. Qdoba is renown for offering nouveau
Mexican cuisine that appeals primarily to adult tastes. Orders
are custom-made using blends of Mexican spices and fresh flavors,
including freshly grilled chicken and steak.
Benefits
Team Members enjoy competitive wages
and great perks upon eligibility including:
Medical insurance
Dental insurance
Vision insurance
Vacation Pay
Retirement Benefits
Discounted meals at work
Family & Friends Discount Meal Card
Team Leaders enjoy competitive wages
and great perks upon eligibility including:
Medical insurance
Dental insurance
Vision insurance
Basic and Optional Term Life insurance
Vacation Pay
Retirement Benefits
Discounted meals at work
Family & Friends Discount Meal Card
Area Managers, General Managers, Restaurant
Managers, Associate Managers, First Assistant Managers, Management
Trainees, and Corporate/Regional Employees enjoy competitive
wages and great perks upon eligibility including:
Medical insurance
Dental insurance
Vision insurance
Basic and Optional Term Life insurance
Optional Accident insurance
Short & Long Term Disability
Dependent Care FSA
Health Care FSA
Company Travel Accident
Employee Assistance Program
401(k)
Retirement Benefits
Tuition Reimbursement Plan
Vacation Pay
Sick Pay
Free meals at work (Restaurant Management only)
Family & Friends Discount Meal Card
Updated September 3, 2006
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