McDonald's All-Day Breakfast Takes Toll on Jack in the Box
McDonald's all-day breakfast takes toll on Jack in the Box results.
Jeff Zelevansky/Bloomberg News.This article is for subscribers only.
Jack in the Box Inc. isn’t a fan of McDonald’s all-day breakfast.
The restaurant chain posted lower profit and sales than analysts estimated last quarter, hurt in part by McDonald’s Corp. offering McMuffins and other morning fare during the rest of the day. The impact was especially strong between 10:30 a.m. to noon, San Diego-based Jack in the Box said in a statement Wednesday.