- Jack In the Box (NASDAQ:JACK) owned restaurant chain Del Taco has signed a multi-unit partnership deal with franchisee Sam Abusaleem.
- Under the deal, Del Taco will add six new locations in the state of Alabama.
- “Sam and his team have an exceptional experience when it comes to operating multi-unit concepts, paired with a passion to see the Del Taco brand succeed in a market that has been untapped, until now,” said Jeff Little, SVP of Development.
- Del Taco offers both Mexican and American favorites such as burritos and fries.
- Del Taco was acquired by Jack In the Box for $585 million.
- Price Action: JACK shares are trading lower by 7.21% at $73.28 on the last check Wednesday.
AMETEK Q3 Adj. EPS $1.26 Beats $1.18 Estimate, Sales $1.44B Beat $1.41B Estimate
AMETEK (NYSE:AME) reported quarterly earnings of $1.26 per share which beat the analyst consensus estimate of $1.18 by 6.78 percent. This is a 24.75 percent increase over earnings of $1.01 per share from the same period
