Jack In The Box 2007 Annual Report Download - page 6

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Our two restaurant brands opened a combined 145 locations in 2007. Jack in the Box opened 58 restaurants, including
16 franchised sites – the most franchised locations ever opened in a year. Restaurant growth occurred primarily in existing
markets as we pursued opportunities to increase our market penetration. We also entered a new contiguous market – Corpus
Christi, Texas – near the end of the year, and our first restaurant there set an opening-week sales record for the company. In
2008, approximately 35-45 new Jack in the Box restaurants are planned, about a third of which will be franchised, and we
expect to expand into other contiguous markets, including those in Colorado, New Mexico and Texas, through both company
investment and franchise development. In fact, we opened our first restaurant in the Denver area in early fiscal 2008.
Qdoba, a leader in the fast-casual segment of the restaurant industry, continued its aggressive expansion strategy during
the year by opening 10 new company restaurants and 77 franchised locations. Qdoba has more than quadrupled in size
since its acquisition in 2003 and has expanded from a presence in 16 states to locations in 39 states, plus Washington, D.C.
Early in fiscal 2008, Qdoba achieved a growth milestone when the 400th location opened, in Boise, Idaho.