Competitive LandscapeRisks related to an increasingly competitive industry environment could prove unfavorable for JACK considering its premium positioning in the QSR market.
Earnings GuidanceFQ1-24 results were mixed, and management signaled a soft start to FQ2, making analysts less confident in the company's unchanged F2024 guidance.
Operational ChallengesThe removal of certain breakfast items and unfavorable weather contributed to the slowdown, amidst a tough consumer spending environment.