Jack in the box announced it is buying deltaco for 575 millions. It was just four years ago that jack in the box sold cudoba. What are they doing? Oh, chris, i don't know. They're buying scale. This will be accreative to earnings. 99 % of deltaco locations have a drive through. Hereto ukno, something for 305 million and buy something for 575 million. That is somewhat similar emily. We're talking before about lula lemon and their acquisition history. A, you got to question what jack and the box management is thinking here. And they really are a kind of more in the quicks
The US inflation rate rises to a 39-year high. Pet supply retailer Chewy tumbles on earnings. Costco rises on big 1st-quarter results. CVS hits an all-time high after its investor day presentation. Motley Fool analysts Emily Flippen and Ron Gross discuss those stories and weigh in on the latest from Lululemon Athletica, Rent the Runway, Stitch Fix, RH Holdings, Intel, Beyond Meat, Jack in the Box, and Shake Shack, Plus, our analysts share two stocks on their radar: Tyler Technologies and Accenture. And CFP Dan Messeca talks 401Ks and last-minute financial planning tips for investors.
For more from Dan Messeca and his co-host Ross Anderson, check out their podcast “Check Your Balances”.
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