Qdoba Mexican Eats represents a wholly-owned subsidiary of Jack in the Box Inc. (NASDAQ:JACK), which also operates another chain of restaurants under the same name. Jack in the Box acquired Qdoba in 2003 in order to expand its growth and hedge its exposure to the hamburger segment. As of October 2, 2016 (the end of the company’s 2016 fiscal year), Jack in the Box owns 699 Qdoba restaurants in 47 states, the District of Columbia and Canada. Of these, 367 are operated by the company and 332 are franchise-owned. By comparison, the company also has 2,555 Jack in the Box restaurants, including 417 company-operated. For its fiscal 2016, Jack in the Box restaurants registered sales of $789.04 million, while Qdoba restaurants posted sales of $415.50 million.
Moe’s vs Chipotle vs Qdoba & Others: Where People Are Eating?
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