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Jack in the Box Inc. has announced its financial results for the second quarter of 2018.

<a href="https://www.franchising.com/news/20180517_jack_in_the_box_inc_reports_second_quarter_fy_2018.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchisingcom-jack-in-the-box-inc-reports-second-quarter-fy-2018-earnings-2706557" target="_blank" rel="nofollow" target="_blank">Franchising.com has the full report</a>, which details the franchise brand&rsquo;s earnings for the fiscal quarter that ended on April 15, 2018.

This year, Jack in the Box sold Qdoba Restaurant Corporation in a deal that was finalized on March 21, 2018. The results of the sale are included in the report, which shows an adjusted EBITDA of $60.3 million for the quarter, which is down more than $9 million compared to the same period last year.

According to Lenny Comma, Jack in the Box&rsquo;s chairman and chief executive officer, the report reflects a deliberate shift in strategy for the franchise brand.

&ldquo;Our second quarter operating results were in line with our expectations,&rdquo; he said. &ldquo;We were pleased that a greater emphasis on value resulted in a sequential improvement in traffic during the quarter. And by balancing our value promotions with innovative premium products, we were able to protect restaurant margins.&rdquo;

Read the <a href="https://www.franchising.com/news/20180517_jack_in_the_box_inc_reports_second_quarter_fy_2018.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchisingcom-jack-in-the-box-inc-reports-second-quarter-fy-2018-earnings-2706557" target="_blank" rel="nofollow" target="_blank">full report at franchising.com</a>.

Jack in the Box Inc. Reports Second Quarter FY 2018 Earnings

Franchising.com: Jack in the Box Inc. Reports Second Quarter FY 2018 Earnings

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Franchising.com: Jack in the Box Inc. Reports Second Quarter FY 2018 Earnings

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