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Jack in the Box a House of Pain
By Stephen D. Simpson, CFA
September 22, 2005

In the world of non-fiction writing, there's a strong admonition not to "bury your lead" -- in other words, don't put the important stuff underneath junk that doesn't matter so much. Another expression I remember from one of my football coaches comes to mind that, cleaned up for our audience, goes something like, "Don't whizz on my shoes and tell me it's raining."

With those pearls of wisdom in mind, let's take a little look at Jack in the Box (NYSE: JBX) and its lowered earnings guidance, shall we?....
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