Why Are Jack In The Boxes Closing?
A state tax dispute was behind the sudden closing of Jack in the Box Thursday and most of Friday, and it was not the first time the local fast-food franchise had faced closure over unpaid taxes. ... According to the Board of Equalization, Alizadeh owes $1.5 million in delinquent state taxes.
How is Jack in the Box doing financially?
Total revenues increased 11.2% to $269.5 million, compared to $242.3 million in the comparable period ended July 5, 2020, driven by 10.2% growth in system same-store sales. Net earnings increased to $40.0 million for the third quarter of fiscal 2021, compared with $32.6 million for the third quarter of fiscal 2020.
Jack in the Box Inc. Reports Third Quarter 2021 Earnings
Why are all the Jack in the Box closing?
Due to the health & safety of our customers, employees, and communities being our #1 concern, we will be temporarily closing all of our Jack in the Box dining-room services, effective today, until further notice. We will continue to provide drive-thru & mobile-delivery services.
Jack in the Box on Twitter: "Due to the health & safety of our customers ...
Why is Jack in the Box closing Texas?
The four Bryan-College Station Jack in the Box restaurants have temporarily closed after the franchise owner defaulted on his franchise agreement, corporate officials said. The four restaurants are among 31 Texas locations that are being taken over by the California-based corporate office. ... The restaurants closed May 1.
Area Jack in the Box restaurants closed for corporate takeover