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Company Facts

Jack in the Box Inc. (NASDAQ: JACK), based in San Diego, is a restaurant company that operates and franchises Jack in the Box® restaurants, one of the nation's largest hamburger chains, with more than 2,200 restaurants in 21 states. Additionally, through a wholly owned subsidiary, the company operates and franchises Qdoba Mexican Grill®, a leader in fast-casual dining, with more than 600 restaurants in 46 states, the District of Columbia and Canada.

Key Dates in History

1951

Robert O. Peterson, a San Diego businessman and restaurateur, opened the first Jack in the Box restaurant on the main east-west thoroughfare leading into San Diego, at 6270 El Cajon Blvd. Perhaps by coincidence, 1951 was the same year that publisher Merriam-Webster first referenced the term “fast-food.”

1960

San Diego Commissary Company, headed by Mr. Peterson, acquired Jack in the Box, Inc. San Diego Commissary Co., which later changed its name to Foodmaker Company, also owned other restaurant concepts. Jack in the Box expanded outside California with opening of first restaurants in Phoenix, Ariz.

1963

Foodmaker Co. opened 55,800-square-foot headquarters and food-processing plant at 9330 Balboa Ave. in San Diego, site of current company headquarters. All Jack in the Box restaurants were supplied by the new commissary. Foodmaker Co. expanded into Texas by opening Jack in the Box restaurants in Houston and Dallas/Ft. Worth.

1964

Foodmaker Co. opened 100th Jack in the Box restaurant.

1965

Jack in the Box, Inc. was incorporated and acquired the assets of the Jack in the Box restaurant division of Foodmaker Co.

1966

Jack in the Box, Inc. opened 200th Jack in the Box restaurant. Foodmaker, Inc. incorporated and acquired the remaining restaurant and commissary business of Foodmaker Co.

1967

Jack in the Box, Inc. purchased Foodmaker, Inc. and adopted Foodmaker's name for its corporate operations.

1968

Ralston Purina Co. acquired controlling interest in Foodmaker, Inc.

1970

Foodmaker, Inc. merged into Ralston Purina's Checkerboard Properties, Inc. operations, which then changed its name to Foodmaker, Inc. Ralston Purina operated the company as a wholly-owned subsidiary. Under Ralston Purina, Jack in the Box restaurants underwent a major expansion in an effort to penetrate the eastern and midwestern markets, and the business grew to over 1,000 restaurants by 1979. That same year, Foodmaker, Inc. decided to concentrate its efforts and resources in the western and southwestern markets, which it believed offered the greatest growth and profit potential. Accordingly, the company sold or closed 232 Jack in the Box restaurants in the eastern and midwestern markets.

1982

Foodmaker, Inc. discontinued San Diego commissary and food-manufacturing activities.

1985

An investment group, including members of Foodmaker, Inc. management, completed a leveraged buyout of the company from Ralston Purina. Foodmaker, Inc. went public two years later before an investment group, again including members of Foodmaker, Inc. management, converted the company to a privately owned corporation in 1988.

1992

Foodmaker, Inc. went public, with an offering of 17.2 million shares priced at $15 per share.

1999

Foodmaker, Inc. (NYSE: FM) changed its name to Jack in the Box Inc. and its NYSE ticker symbol to JBX.

2003

Jack in the Box Inc. entered the fast-casual restaurant category by acquiring Qdoba Restaurant Corp., operator and franchisor of Qdoba Mexican Grill. 100th Qdoba Mexican Grill opened.

2004

Jack in the Box Inc. opened 2,000th Jack in the Box restaurant.

2004

Jack in the Box opened its 70,000-square-foot Innovation Center adjacent to the company's corporate offices in San Diego. The state-of-the-art facility united marketing, R&D and other departments key in developing innovative food and service initiatives. In addition to providing office space, the Innovation Center includes test kitchens, labs, consumer research rooms, a photography studio and a video production area.

2005

200th Qdoba Mexican Grill opened.

2006

300th Qdoba Mexican Grill opened, in Bloomington, Ind.

2007

Jack in the Box restaurants introduced the 100% Sirloin Burger, the only 100% sirloin burger offered by a major quick-serve chain. 400th Qdoba Mexican Grill opened, in Boise, Idaho.

2008

Jack in the Box Inc. transferred the listing of its common stock to the Nasdaq Global Select Market (NASDAQ) and changed its ticker symbol to JACK.

2009

500th Qdoba Mexican Grill opened, in Centennial, Colo.

2010

Jack in the Box expanded into Kansas with a location in Kansas City.

2011

Jack in the Box Inc. celebrated 60th anniversary.

2012

Jack in the Box Inc. expanded into Indiana with a location in Indianapolis.

2012

600th Qdoba Mexican Grill opened, in Roseville, Mich.