Jack In The Box 2007 Annual Report Download - page 11

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Please find page 11 of the 2007 Jack In The Box annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

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IMPROVING THE BUSINESS MODEL
The fourth major initiative of our strategic plan is to improve
our business model. As Jack in the Box transitions to a new
business model comprised of predominantly franchised
restaurants, we plan to improve restaurant profitability and
returns and increase the long-term value of the business.
We’ll also focus on profit improvement initiatives to reduce
G&A and improve operating margins without negatively
impacting our guests’ experience.
IN CLOSING …
I want to thank our hard-working employees as well as
our franchise community for executing our strategic
initiatives and contributing to such impressive results in
fiscal 2007. The year was not without its challenges, but
their resourcefulness and perseverance kept this organization
on track with its goals.
I’d also like to thank our board of directors for another year
of active service and leadership, and to share my gratitude
to all of our major stakeholders – including our vendors,
suppliers, and investment partners – for their continued
support. Together, these individuals and businesses, along
with our spirited employees and franchisees, have created
a unique culture that makes Jack in the Box and Qdoba
great places to work and dine.
Sincerely,
Linda A. Lang
CHAIRMAN AND CHIEF EXECUTIVE OFFICER