Jack in the Box Returns to Chicago With Expansion Plan - Brinker International (NYSE:EAT), Jack In The Bo

Benzinga

2024-07-04 00:19

Jack in the Box Inc. (NASDAQ: JACK) has announced a significant expansion plan that will see the iconic fast-food chain return to the Chicago market for the first time in four decades.

　　Image Source: Zacks Investment Research

　　Key Picks

　　Wingstop Inc.WING sports a Zacks Rank #1 (Strong Buy) at present.

　　It has a trailing four-quarter negative earnings surprise of 21.4%, on average. The stock has surged 112% in the past year. The Zacks Consensus Estimate for WING's 2024 sales and earnings per share indicates a rise of 27.5% and 36.7%, respectively, from the year-ago levels.

　　Brinker International, Inc.EAT currently has a Zacks Rank #2 (Buy). It has a trailing four-quarter earnings surprise of 213.4%, on average. EAT's shares have risen 85.4% in the past year.

　　The Zacks Consensus Estimate for EAT's 2024 sales and EPS indicates 5% and 41.3% growth, respectively, from the year-earlier actuals.

　　El Pollo Loco Holdings, Inc.LOCO currently carries a Zacks Rank #2. It has a trailing four-quarter earnings surprise of 19.4%, on average. LOCO's shares have risen 5.2% in the past year.

　　The Zacks Consensus Estimate for LOCO's 2025 sales and EPS indicates 3.8% and 9.9% growth, respectively, from the prior-year figures.

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