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<DESCRIPTION>JACK IN THE BOX 8-K
<TEXT>

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934


       Date of Report (Date of earliest event reported): November 17, 2004
                                                         -----------------


                              JACK IN THE BOX INC.
        -----------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


          DELAWARE                  1-9390                  95-2698708
--------------------------------------------------------------------------------
(State or other jurisdiction   (Commission File          (I.R.S. Employer
      of incorporation)             Number)           Identification Number)


  9330 BALBOA AVENUE, SAN DIEGO, CA                       92123
--------------------------------------------------------------------------------
(Address of principal executive offices)                (Zip Code)


                                 (858) 571-2121
                                 --------------
              (Registrant's telephone number, including area code)


                                       N/A
                                       ---
          (Former Name or Former Address, if Changed Since Last Report)


Check the appropriate box below if the Form 8-K is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):

| |  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

| |  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

| |  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

| |  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act  (17 CFR 240.13e-4(c))



                                       1
<PAGE>


ITEM 1.01    ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
             ------------------------------------------
             Please see the discussion set forth in response to Item 5.02 below.


ITEM 5.02    DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF
             ---------------------------------------------------------
             DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS
             --------------------------------------------

     On November 17, 2004, Jack in the Box Inc. announced the upcoming
retirement of Executive Vice President and Chief Financial Officer John F.
Hoffner. The Company also announced the decision to promote Jerry Rebel,
effective January 24, 2005, to the position of Senior Vice President and Chief
Financial Officer. Mr. Hoffner will continue to serve as CFO until January 23,
2005, and thereafter will continue to serve as Vice President of Financial
Strategy until December 31, 2005. Mr. Rebel began his employment with the
Company and became an officer of the Company on September 8, 2003. Prior to that
date, he was employed by Fleming Companies, Inc., in Lewisville, Texas, as Vice
President and Controller from February 2002 to September 2003 and with CVS
Corporation in Woonsocket, R.I., from January 1991 to February 2002 where he
held accounting and finance positions, including Vice President of Finance from
July 1995 to September 2000 and Executive Vice President and Chief Financial
Officer of the ProCare division from September 2000 to February 2002.

     In connection with the retirement of Executive Vice President and Chief
Financial Officer John F. Hoffner, Jack in the Box Inc. and John F. Hoffner
entered into a Retirement and Release Agreement (the "Retirement Agreement")
setting forth certain understandings associated with Mr. Hoffner's retirement
and the transition of a new Chief Financial Officer. The following description
is a brief summary of material terms and conditions of the Retirement Agreement
that is included as Exhibit 99.3 to this report. Mr. Hoffner will continue to
serve as CFO through January 23, 2005; thereafter he will continue to serve the
Company during a transition period ending December 31, 2005. Mr. Hoffner will
not be eligible to receive benefits under the Company's qualified pension plan
or its Supplemental Executive Retirement Plan. During the transition period, Mr.
Hoffner's salary and benefits, including insurance coverage, will continue at
approximately the same levels, and Mr. Hoffner will continue to be eligible for
stock option vesting and restricted stock vesting. Continued vesting through the
transition period will result in the additional vesting of 56,225 option shares
and 8,250 restricted shares. In addition, Mr. Hoffner will be eligible for a
bonus at the end of the transition period of approximately $200,000. The
Retirement Agreement contains additional customary and usual covenants and
understandings.


ITEM 9.01.   FINANCIAL STATEMENTS AND EXHIBITS
             ---------------------------------

     On November 17, 2004, Jack in the Box Inc. issued a press release
announcing the company's fourth-quarter and fiscal 2004 results and affirming
first-quarter and fiscal 2005 guidance. The press release is furnished as
Exhibit 99.1 hereto and incorporated herein by reference.

     Jack in the Box Inc. will conduct a conference call on November 17, 2004,
at 8:30 a.m. PST to review Jack in the Box Inc. fourth-quarter and fiscal 2004
results and first-quarter and fiscal 2005 guidance. Investors can hear this
conference call live by visiting the Jack in the Box home page at
www.jackinthebox.com. Access the Jack in the Box home page at least 15 minutes
prior to the call in order to download and install any necessary audio software.
Investors can hear replays of the conference call by visiting
www.jackinthebox.com and clicking on the conference call link.



                                       2
<PAGE>


(C)    EXHIBITS
       --------

The following exhibits are filed with this Report:

           Exhibit No.                   Description

              99.1                       Press Release dated November 17, 2004
                                         regarding the retirement of Chief
                                         Financial Officer

              99.2                       Press Release dated November 17, 2004

              99.3                       Retirement Agreement





                                   SIGNATURES
                                   ----------


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                                       JACK IN THE BOX INC.


                                               By: /s/ JOHN F. HOFFNER
                                                   -------------------
     John F. Hoffner
     Executive Vice President
     Chief Financial Officer
     (Principal Financial Officer)
     (Duly Authorized Signatory)


     Date: November 17, 2004



                                       3

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a4768447ex991.txt
<DESCRIPTION>RETIREMENT OF CFO PRESS RELEASE
<TEXT>
                                                                    EXHIBIT 99.1

     Jack in the Box Inc. CFO John Hoffner Announces Retirement;
          Company Names Controller Jerry Rebel as Replacement

    SAN DIEGO--(BUSINESS WIRE)--Nov. 17, 2004--Jack in the Box Inc.
(NYSE:JBX), operator and franchisor of Jack in the Box(R) and Qdoba
Mexican Grill(R) restaurants, today announced that John F. Hoffner
will retire from the company as executive vice president and chief
financial officer, and that Jerry P. Rebel, vice president and
controller, will be promoted to senior vice president and chief
financial officer. Hoffner will remain with the company in a financial
advisory capacity through Dec. 31, 2005. During this transition
period, he will work closely with Rebel, whose promotion is effective
Jan. 24, 2005, the beginning of the company's second quarter.
    In announcing his retirement, Hoffner, whose career has spanned
nearly 35 years, said it was his desire to pursue two longtime
personal passions: teaching at the university level and increasing his
philanthropic and volunteer involvement with civic and community
organizations. Following his retirement, Hoffner is planning to move
near Atlanta, where he and his wife maintain a personal residence.
    "John has played a valuable role in determining the strategic
direction that the company is pursuing," said Robert Nugent, chairman
and chief executive officer. "He has been a leader on our executive
team in guiding the company to higher levels of profitability. We have
just reported the results of a very successful fiscal year, and Jack
in the Box is in the strongest financial condition in its history.
Reflecting John's contributions as CFO, we are well-positioned to
achieve our goal of becoming a national restaurant company with our
Jack in the Box, Qdoba Mexican Grill, Quick Stuff(R) and JBX(TM)
brands."
    Rebel, who joined the company last year, has more than 20 years of
finance experience in various capacities with several large retail
organizations. Before joining Jack in the Box, he was vice president
and controller for Fleming Companies, a publicly held food distributor
and retailer. Previously, he was vice president of finance for CVS
Corporation, where he also served as CFO for one of the company's
divisions. Rebel holds a bachelor's degree in accounting from George
Mason University and is a CPA.
    "Jerry has demonstrated outstanding abilities in managing our
accounting groups," Nugent said. "His extensive experience with CVS
and other large retail organizations will serve him well in his new
position."
    Jack in the Box Inc. (NYSE:JBX) operates and franchises
Jack in the Box and Qdoba Mexican Grill restaurants in 33 states
combined. Jack in the Box is one of the nation's largest hamburger
chains, with more than 2,000 restaurants. Qdoba Mexican Grill is an
emerging leader in fast-casual dining, with approximately 180
restaurants. Based in San Diego, Jack in the Box Inc. has nearly
46,000 employees. For more information, visit www.jackinthebox.com.

    CONTACT: Jack in the Box Inc.
             Brian Luscomb, 858-571-2229
             Division Vice President, Corporate Communications
             Email: brian.luscomb@jackinthebox.com

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>a4768447ex992.txt
<DESCRIPTION>EARNINGS PRESS RELEASE
<TEXT>
                                                                    EXHIBIT 99.2

   Jack in the Box Inc. Reports Fourth Quarter and FY2004 Results;
          Affirms Guidance for First Quarter and Fiscal 2005

    SAN DIEGO--(BUSINESS WIRE)--Nov. 17, 2004--Jack in the Box Inc.
(NYSE:JBX), operator and franchisor of Jack in the Box(R) and Qdoba
Mexican Grill(R) restaurants, today reported net earnings of $21.7
million, or 58 cents per diluted share, in the fourth quarter ended
Oct. 3, 2004, compared with $16.4 million, or 45 cents per diluted
share, in the same quarter a year ago. Excluding a 3-cent benefit for
an extra week in the fourth quarter of fiscal 2004, and a 4-cent
charge in the fourth quarter of fiscal 2003 related to
lease-assumption obligations arising from the bankruptcy of a
restaurant chain previously owned by the company, diluted EPS were 55
cents versus 49 cents last year. The 53rd week contribution was higher
than the company's 1-cent estimate due to higher sales, improved
restaurant operating margin and a lower tax rate.
    Diluted EPS in the fourth quarter were 9 cents higher than the
company's guidance due to the following: higher sales and improved
restaurant operating margin (10 cents); higher other revenues (1
cent); lower interest expense from lower-than-anticipated borrowing
rates (1 cent); and a tax-rate reduction (2 cents) -- partially offset
by higher SG&A (negative 5 cents).
    For the 53-week fiscal 2004, net earnings increased to $78.5
million, or $2.12 per diluted share, compared with $73.6 million, or
$1.99 per diluted share, in fiscal 2003. Excluding a first-quarter
after-tax charge of $5.7 million, or 15 cents per diluted share, for
costs related to refinancing the company's credit facility in January
and the 53rd week contribution of 3 cents per diluted share, fiscal
2004 net earnings were $82.7 million, or $2.24 per diluted share,
versus $75.3 million, or $2.04 per diluted share, a year ago, after
excluding the fourth-quarter FY03 lease-assumption charge mentioned
above.
    The company also announced that it completed its $35 million share
repurchase authorization on Oct. 27, buying back 1.08 million shares
of its stock at an average price of $32.46.
    "Innovation returned to Jack in the Box in fiscal 2004, and with
it came unique new products, sales growth, higher profits and an
optimistic outlook for continued improvement," said Chairman and CEO
Robert Nugent. "Our initiative to reinvent the Jack in the Box brand
is bringing higher quality products to our menu, along with better and
more consistent guest service and re-imaged restaurant facilities.
Also emerging from our brand reinvention efforts was a new fast-casual
restaurant concept, which is currently in test in San Diego and will
soon open at nine locations in Boise, Idaho, and Bakersfield, Calif.,
with an improved interior design, enhanced flame-grilled menu, and a
new name to reflect the upgraded cooking platform -- JBX Grill(TM).
    "Now with four brands in our portfolio and operations in 33
states, we're moving closer to our goal of becoming a national
restaurant company. Our consolidated systemwide number of units
increased by nearly 7 percent during the year, with 26 percent of
those units being franchised. One of the company's key growth
strategies is to increase our franchising activities. This will enable
us to grow more flexibly, while improving margins and returns with
less financial risk and providing long-term cash-flow acceleration
from sales of restaurants."

    Fourth Quarter Fiscal 2004 Financial Highlights

    --  17 new company Jack in the Box restaurants opened versus 21
        forecast and 27 in FY03, bringing to 2,006 the total number of
        Jack in the Box restaurants at fiscal year end; 28 new company
        and franchised Qdoba sites, as forecast, versus 15 in FY03,
        bringing to 177 the total number of Qdoba restaurants at
        fiscal year end compared with 111 a year ago; and 4 new Quick
        Stuff convenience stores opened versus 6 forecast and 5 in
        FY03, bringing to 29 the total number of c-store locations at
        fiscal year end compared with 18 a year ago. The company said
        it opened fewer units than expected in the quarter due to the
        continuation of short-term construction delays.

    --  Same-store sales at Jack in the Box restaurants increased 4.1
        percent compared with a 0.9 percent increase in FY03.
        Same-store sales at Qdoba increased in the high-single-digit
        range on top of a double-digit increase in FY03.

    --  Distribution and other sales were $65.0 million versus $30.4
        million in FY03, primarily due to increased distribution sales
        to Qdoba and Jack in the Box franchised restaurants,
        additional Quick Stuff units, higher fuel sales and additional
        sales from the 53rd week. Increases in other sales reflect
        higher retail prices per gallon of fuel, with proportionately
        higher costs of sales, yielding stable penny profits.

    --  Other revenues were $5.5 million compared with $5.6 million in
        FY03, primarily related to the sale of 11 Jack in the Box
        restaurants to franchisees versus 8 last year, with the
        variance in gains due to differences in the sales and cash
        flows of the restaurants being sold.

    --  Total revenues were $594 million versus $493 million in FY03.

    --  Costs of revenues were at 82.1 percent, compared with 82.8
        percent in FY03, primarily due to higher restaurant operating
        margins, partially offset by increased distribution and fuel
        sales at lower margins.

    --  Restaurant operating margin was at 17.8 percent of sales
        compared with 16.9 percent forecast and 15.8 percent in FY03,
        due to additional leverage from higher sales, effective labor
        management, and lower costs for occupancy and insurance, the
        latter resulting from implementation of a new restaurant
        safety program, partially offset by higher incentive accruals
        and higher food costs.

    --  SG&A expense rate was at 11.6 percent of revenues compared
        with 11.4 percent forecast, due primarily to higher costs
        related to additional training, professional fees and
        incentive accruals, and compared with 10.9 percent in FY03.
        SG&A costs were higher than last year, primarily due to higher
        pension and incentive accruals, as well as the additional
        costs for the 53rd week.

    --  Interest expense was $3.6 million versus $5.2 million in FY03
        and was lower than forecast due to lower-than-anticipated
        borrowing rates and the recent term-loan repricing.

    --  Income tax rate was 35.4 percent versus 36.2 percent in FY03,
        primarily due to higher-than-anticipated tax credits obtained.

    --  Weighted average shares outstanding were 37.6 million versus
        36.6 million in FY03.

    --  Capital expenditures were $36 million compared with $34-39
        million forecast and $41 million in FY03.

    --  Earnings from operations were $37.1 million and
        depreciation/amortization was $20 million versus $30.9 million
        and $16.8 million, respectively, in FY03.

    --  Current ratio was 0.9 versus 0.6 in FY03. The company
        currently has no balance outstanding on its $200 million
        revolving credit facility. Cash balances were $132 million
        versus $22 million a year ago, primarily due to strong
        operating cash flows, payments from franchisees on notes
        receivable, reduced working capital requirements, and proceeds
        from sales of restaurants to franchisees.

    --  Debt:equity ratio was 0.5:1 versus 0.6:1 in FY03.

    --  Accounts and notes receivable decreased $13 million from a
        year ago, primarily due to repayment of short-term loans made
        to qualified Jack in the Box franchisees for purchases of
        restaurants from the company.

    --  Other assets increased $27 million from a year ago, primarily
        due to $30 million of contributions made to the company's
        qualified pension plans during the year.

    --  Current liabilities increased by $38 million from a year ago,
        primarily related to higher incentive and tax accruals.

    --  Total debt was $305 million compared with $303 million in
        FY03.

    --  Stockholders' equity increased $107 million from a year ago,
        reflecting a $79 million increase from net earnings and a $26
        million reduction of a pension liability charge, primarily
        resulting from contributions to the company's qualified
        pension plans. The accumulated benefit obligations of these
        plans were fully funded as of the measurement date.

    Fourth Quarter Fiscal 2004 Initiatives

    --  New products added to the menu in the quarter included Natural
        Cut Fries, a skin-on version that replaced the chain's
        previous style of fries; Sourdough Melts, two premium
        sourdough sandwiches made with either a jumbo beef patty or
        chicken fillet and topped with grilled onions, a slice of
        American and Swiss-style cheese, mayo-onion sauce and sweet
        mustard; and Chocolate Malted Crunch Shake, made with real
        vanilla ice cream, bittersweet chocolate syrup and
        chocolate-covered malt pieces.

    --  Jack in the Box restaurants began accepting Discover cards in
        July. Currently, all company restaurants and most franchised
        locations -- more than 90 percent of the Jack in the Box chain
        -- now accept MasterCard, Visa and Discover cards.

    --  Jack in the Box restaurants achieved all-time-low crew
        turnover levels for the chain during fiscal 2004. To further
        reduce turnover and provide more consistent levels of guest
        service, Jack in the Box rolled out in the fourth quarter a
        new, interactive system of computer-based training (CBT).
        Incorporating audio, video and text -- all of which are
        updated via satellite technology -- CBT is also designed to
        reduce the administrative demands on restaurant managers.

    Fiscal 2004 Financial Highlights

    --  56 new company Jack in the Box restaurants opened versus 60
        forecast and 90 in FY03; 67 new company and franchised Qdoba
        restaurants opened, as forecast, versus 28 in FY03; 11 new
        Quick Stuff convenience stores opened versus 13 forecast and 6
        in FY03. The company said that Qdoba was neutral to earnings
        for the year and is expected to be slightly accretive in 2005.
        Qdoba, Quick Stuff and JBX operations are not material
        components of the company's consolidated financial results or
        projections.

    --  Same-store sales at Jack in the Box restaurants increased 4.6
        percent compared with a 1.7 percent decrease in FY03.
        Same-store sales at Qdoba increased in the high-single-digit
        range on top of a double-digit increase in FY03. Consolidated
        restaurant sales topped $2 billion for the first time in the
        company's history.

    --  Distribution and other sales were $197.8 million versus $108.7
        million in FY03.

    --  Other revenues were $24 million, primarily from the sale of 49
        restaurants to franchisees, versus $31 million, from the sale
        of 36 restaurants last year, with the variance in average
        gains due to differences in the sales and cash flows of the
        restaurants being sold.

    --  Total revenues increased to $2.3 billion versus $2.06 billion
        in FY03.

    --  Costs of revenues were 82.1 percent, the same as in FY03, as
        lower gains on sales of restaurants to franchisees and
        increased distribution and other sales at lower margins were
        offset by a higher restaurant operating margin.

    --  Restaurant operating margin was 17.3 percent of sales versus
        16.4 percent in FY03, primarily due to control of labor,
        restaurant managed costs, and occupancy costs, resulting from
        Profit Improvement Program initiatives, as well as additional
        leverage on higher sales, which more than offset higher food
        costs.

    --  SG&A expense rate was 11.4 percent of revenues compared with
        11.3 percent forecast and 11.1 percent in FY03, due to the
        reasons noted above for the fourth quarter FY04 increases, as
        well as Qdoba overhead for the full year in FY04 versus three
        quarters last year.

    --  Interest expense was $27.3 million, or $18.1 million excluding
        the $9.2 million first-quarter charge related to the company's
        refinancing, compared with $24.8 million in FY03. The $7
        million decrease versus FY03 is primarily due to refinancing
        of the company's credit facility and subsequent repricing.

    --  Income tax rate was 36.6 percent compared with 36.2 percent in
        FY03. Income tax rate is expected to return to its normal rate
        of 38 percent in fiscal 2005.

    --  Weighted average shares outstanding totaled 37 million, the
        same as last year.

    --  Capital expenditures were $130 million compared with $128-133
        million forecast and $121 million in FY03.

    --  Earnings from operations were $151 million and
        depreciation/amortization was $80 million versus $140 million
        and $70 million, respectively, in FY03.

    First Quarter Fiscal 2005 Initiatives

    --  Jack in the Box has added to its menu a new premium sandwich
        and ice cream shake: The Chicken Cordon Bleu sandwich features
        a grilled chicken fillet, Black Forest ham, real Swiss cheese
        and a creamy garlic parmesan sauce stacked between the chain's
        signature sourdough bread; the Pumpkin Pie Shake is made with
        pumpkin-flavored ice cream seasoned with nutmeg and cinnamon.
        With consumers seeking more nutritious options for themselves
        and their children, Jack in the Box added to each of its Kid's
        Meals a 4-oz. serving of Mott's Original Applesauce, and in
        January, will introduce a new entree salad.

    --  This week, Jack in the Box becomes the first major quick-serve
        hamburger chain to offer reloadable gift cards at virtually
        all of its restaurants. "Jack Cash" gift cards are initially
        available in any amount from $5 to $100.

    --  Next week, Jack in the Box restaurants will begin a holiday
        promotion by offering free with large combo orders a new
        Holiday Antenna Ball, with Jack's familiar likeness featuring
        reindeer antlers and a bright-red nose.

    --  In September, Jack in the Box began offering all restaurant
        hourly employees access to health coverage, including vision
        and dental benefits. As an additional incentive to crew
        members with more than a year's service, Jack in the Box will
        pay a portion of their premiums. The company expects the
        program will further reduce turnover, as well as training
        costs and workers' compensation claims.

    --  The company is replacing its mystery-guest program for
        evaluating guest service with one that asks randomly selected
        customers to rate their restaurant experience in an automated
        survey via telephone or Internet. The new program, dubbed
        "Voice of the Customer," provides restaurant managers with
        more relevant guest feedback regarding their Jack in the Box
        experience. Voice of the Customer will provide each restaurant
        several reports every week versus two monthly reports
        generated by mystery shoppers, and is expected to save the
        company about $1 million annually in replacement of the
        mystery-guest program.

    --  The company will expand its fast-casual JBX Grill concept.
        Approximately four restaurants will be converted in Boise,
        Idaho, and approximately three will be converted in
        Bakersfield, Calif., by calendar year end, and one new unit in
        each of those markets will open shortly thereafter. The
        company said that the new JBX Grill restaurants will feature
        menu enhancements and facility design improvements developed
        from learnings gained in the two San Diego locations, which
        opened in March. These two restaurants will also be upgraded
        to include the improvements being made at the Boise and
        Bakersfield sites. The company plans to expand the test to
        Dallas by the end of fiscal 2005.

    First-Quarter and Fiscal 2005 Guidance Update

    The company affirmed its sales estimates and its earnings guidance
of approximately 69 cents per diluted share in the first quarter and
approximately $2.43 per diluted share in fiscal 2005 compared with
$2.12 per diluted share in fiscal 2004. Excluding other revenues,
which primarily relate to sales of restaurants to franchisees in both
years, and excluding the refinancing charge, the 53rd week and the
lower tax rate in fiscal 2004, all of which total approximately 45
cents per diluted share in fiscal 2005 and 33 cents per diluted share
in fiscal 2004, operating earnings per share are expected to increase
approximately 11 percent in fiscal 2005 on top of an approximate 20
percent increase in fiscal 2004. At this time, the company intends to
offset higher food costs related to produce shortages through
food-cost mitigation strategies and continuing Profit Improvement
Program initiatives. The company will monitor the shortage situation
carefully and will promptly advise if its estimates change.
    In this earnings release, the company provides both earnings per
diluted share and net earnings determined in accordance with generally
accepted accounting principles (GAAP) and earnings per diluted share
and net earnings before charges in the fourth quarter of fiscal 2003
and first quarter of fiscal 2004. These non-GAAP financial measures
are used by management to evaluate financial and operating
performance, to compare past, current and projected fiscal performance
and compare with the results of the company's competitors. Management
does not consider the excluded charge related to a lease-assumption
obligation to be directly related to operating results. Excluding the
benefit of the 53rd week of operations facilitates comparison with
normal 52-week fiscal years and with the company's competitors.
Additionally, the company has provided the estimated rate of growth of
operating earnings per share from its fiscal 2005 guidance compared
with fiscal 2004. Operating earnings per share exclude the previously
described charges, the 53rd week in fiscal 2004, and other revenues,
which are comprised primarily of gains and fees on restaurant sales to
franchisees. These financial measures are also comparable to forecasts
made by securities analysts and others, which generally exclude
special items, as they are difficult to predict. Non-GAAP measures are
not intended to be a substitute for earnings per diluted share and net
earnings determined in accordance with GAAP.

    About Jack in the Box Inc.

    Jack in the Box Inc. (NYSE:JBX) operates and franchises
Jack in the Box and Qdoba Mexican Grill restaurants in 33 states
combined. Jack in the Box is one of the nation's largest hamburger
chains, with more than 2,000 restaurants. Qdoba Mexican Grill is an
emerging leader in fast-casual dining, with approximately 180
restaurants. Based in San Diego, Jack in the Box Inc. has nearly
46,000 employees. For more information, visit www.jackinthebox.com.

    Safe Harbor Statement

    This news release contains forward-looking statements about the
company's financial results and estimates, strategies, initiatives and
business prospects that are subject to substantial risks and
uncertainties. These statements may be identified by the use of words
such as "believes," "estimates," "expects," "will," "anticipate,"
"project," "plan" and other words of similar meaning in connection
with any discussion of future operating or financial performance. The
following are some of the factors that could cause the company's
actual results to differ materially from those expressed in the
forward-looking statements: the cost of produce, particularly
tomatoes, which is unusually volatile and unpredictable due to bad
weather and destruction of crops; the company's ability to accurately
assess consumer desires and trends and to differentiate its brands and
menus among themselves and the competition; the inherent risk in
expanding a new concept such as JBX Grill that has not yet proven its
long-term viability; the uncertainty whether test results of products
or concepts are predictive of successful results on a larger scale;
the impact of competitive response, including pricing, new products,
marketing and operational initiatives; costs may exceed projections,
including costs related to (i) new construction, (ii) Jack in the Box
remodels and conversions of Jack in the Box restaurants to JBX Grill,
(iii) developing and marketing JBX Grill as a new concept, (iv) beef
and other food ingredients, (v) utilities, (vi) labor, including
increases in the minimum wage, and (vii) workers' compensation and
other insurance; the effect of product deletions; delays in the
remodeling or opening of restaurants; the availability of financing on
terms satisfactory to franchisees and potential franchisees; timely
payment of franchisee obligations due the company; the attractiveness
of the company's franchise offerings and continuation of sales of
company-operated restaurants to franchisees; the continuation of
positive relationships with the company's franchisees, and the
franchisees' continuing willingness to participate in company
strategies; adverse regional weather conditions, and business,
economic and other local or national conditions or events which affect
consumer confidence and spending patterns, such as concerns about the
safety of beef or other foods; concerns about obesity; the effect of
any widespread negative publicity regarding the company or the
restaurant industry in general; the effects of war and terrorist
activities; changes in government regulations; changes in accounting
standards, policies and practices; changes in effective tax rates;
potential variances between estimated and actual liabilities; the
effects of legal claims; and the possibility of unforeseen events
affecting the industry in general. Further information about factors
that could affect the company's financial and other results is
included in the company's annual report on Form 10-K and its periodic
reports on Forms 10-Q and 8-K filed with the Securities and Exchange
Commission. Statements about the company's past performance are not
necessarily indicative of its future results. The information in this
press release is as of Nov. 17, 2004. The company undertakes no
obligation to update or revise any forward-looking statement, whether
as the result of new information, future events or otherwise.


                 JACK IN THE BOX INC. AND SUBSIDIARIES

             UNAUDITED CONSOLIDATED STATEMENTS OF EARNINGS
                 (In thousands, except per share data)

                           Thirteen   Twelve   Fifty-Three  Fifty-Two
                             Weeks     Weeks      Weeks       Weeks
                             Ended     Ended      Ended       Ended
                           --------- --------- ----------- -----------
                            Oct. 3,  Sept. 28,   Oct. 3,    Sept. 28,
                             2004      2003       2004         2003
                           --------- --------- ----------- -----------
Revenues:
  Restaurant sales         $505,440  $442,485  $2,033,482  $1,864,180
  Distribution and other
   sales                     65,022    30,387     197,762     108,738
  Franchise rents and
   royalties                 17,999    14,572      66,653      54,371
  Other                       5,476     5,590      24,467      31,001
                           --------- --------- ----------- -----------
                            593,937   493,034   2,322,364   2,058,290
                           --------- --------- ----------- -----------
Costs of revenues:
  Restaurant costs of
   sales                    157,495   136,919     630,942     573,751
  Restaurant operating
   costs                    257,815   235,541   1,049,937     984,455
  Costs of distribution
   and other sales           63,964    29,441     194,251     106,003
  Franchised restaurant
   costs                      8,576     6,313      32,054      25,715
                           --------- --------- ----------- -----------
                            487,850   408,214   1,907,184   1,689,924
                           --------- --------- ----------- -----------

Selling, general and
 administrative              68,959    53,931     264,106     228,142
                           --------- --------- ----------- -----------

Earnings from operations     37,128    30,889     151,074     140,224
Interest expense              3,588     5,239      27,318      24,838
                           --------- --------- ----------- -----------

Earnings before income
 taxes                       33,540    25,650     123,756     115,386

Income taxes                 11,872     9,283      45,252      41,768
                           --------- --------- ----------- -----------

Net earnings                $21,668   $16,367     $78,504     $73,618
                           ========= ========= =========== ===========

Earnings per share:
  Basic                        $.59      $.45       $2.17       $2.02
  Diluted                      $.58      $.45       $2.12       $1.99

Weighted-average shares
 outstanding:
  Basic                      36,542    36,025      36,237      36,473
  Diluted                    37,609    36,590      36,961      36,968


                 JACK IN THE BOX INC. AND SUBSIDIARIES

            UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
                            (In thousands)

                                                 Oct. 3,    Sept. 28,
                                                  2004         2003
----------------------------------------------------------------------
                                ASSETS
Current assets:
   Cash and cash equivalents                     $131,700     $22,362
   Accounts and notes receivable, net              18,310      31,582
   Inventories                                     34,043      31,699
   Other current assets                            56,102      62,972
                                               ----------- -----------
        Total current assets                      240,155     148,615
                                               ----------- -----------

Property and equipment, net                       896,048     866,960

Other assets, net                                 186,961     160,375
                                               ----------- -----------

        TOTAL                                  $1,323,164  $1,175,950
                                               =========== ===========

                 LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
   Current maturities of long-term debt            $8,203     $12,334
   Other current liabilities                      267,522     225,400
                                               ----------- -----------
        Total current liabilities                 275,725     237,734
                                               ----------- -----------

Long-term debt, net of current maturities         297,092     290,746

Other long-term liabilities                       173,240     177,148
                                               ----------- -----------
        Total liabilities                         746,057     705,628
                                               ----------- -----------

Stockholders' equity                              577,107     470,322
                                               ----------- -----------

        TOTAL                                  $1,323,164  $1,175,950
                                               =========== ===========

    CONTACT: Jack in the Box Inc.
             Brian Luscomb, 858-571-2229
             Division Vice President, Corporate Communications
             Email: brian.luscomb@jackinthebox.com

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.3
<SEQUENCE>4
<FILENAME>a4768447ex993.txt
<DESCRIPTION>RETIREMENT AGREEMENT
<TEXT>
                                                                    EXHIBIT 99.3

                        RETIREMENT AND RELEASE AGREEMENT



I, John Hoffner, whose address is 8102 Santaluz Village Green North, San Diego,
CA 92127, , understand that my retirement from Jack in the Box will be effective
on December 31, 2005, under the terms provided for in this Agreement. This
Retirement and Release Agreement (Agreement) is entered into in connection with
our mutual agreements regarding my retirement.

Jack in the Box Offer. In connection with my retirement, I will remain on the
active payroll until January 23, 2005, at full salary and benefits (less
required payroll deductions). From January 23, 2005, through December 31,
2005(the retirement transition period), I will be paid bi-weekly at a rate of
$12,063.54, which is equal to approximately $313,652 on an annual basis. During
the retirement transition period, I will use any unused or accrued vacation. I
will be eligible during the retirement transition period for benefits including
employee health and life insurance plans at current coverage levels,
indemnification rights as defined in the Indemnity Agreement I signed on August
2, 2002, AYCO services as defined by the AYCO plan, a car allowance and and long
term disability coverage. I will also be eligible for any additional stock or
option vestings that occur during the retirement transition period. In order to
accept this offer, the Continuing Services below must be accomplished. On or
before January 15, 2006, I will receive a $200,000 retirement transition bonus,
less required payroll deductions, conditioned upon my continued employment
through December 31, 2005. If the Continuing Services are not accomplished, the
Jack in the Box Inc. offer automatically terminates. This amount is in addition
to wages due to me for work previously performed, and will be paid to me as
consideration for my settlement, release and discharge of any and all known or
unknown claims as described below.

Waiting Period and Revocation. I received this Agreement on November 15, 2004
and have been given a twenty-one (21) day waiting period to consider whether to
sign it. I understand that even if I sign and return this Agreement, I can still
revoke this Agreement within seven (7) days after it is returned to Jack in the
Box (Revocation Period) and this Agreement will not become effective or
enforceable until the Revocation Period has expired.

Requirements to Receive Payment. In consideration of the benefits and the amount
Jack in the Box has offered to provide me, I must:

     (a)  sign this Agreement and return it to Jack in the Box by either:

          (i)    hand-delivering the Agreement to Carlo Cetti, Sr. Vice
                 President Human Resources and Strategic Planning, 9330 Balboa
                 Avenue, San Diego, CA 92123 not later than close of business on
                 December 6, 2004, or

          (ii)   mailing the Agreement, in which case the envelope must be
                 postmarked not later than December 6, 2004, and must be
                 received within a reasonable time thereafter; or

          (iii)  sending the Agreement by overnight service such as Federal
                 Express, in which case it must be actually received not later
                 than December 7, 2004.



<PAGE>


                 Mail and overnight service must be addressed to:

                           Carlo Cetti
                           SVP Human Resources and Strategic Planning
                           9330 Balboa Ave.
                           San Diego, CA  92123

     (b)  not revoke this Agreement during the seven (7) day Revocation Period;
          and


     (c)  agree to provide and actually provide ongoing services as specified by
          Jack in the Box while I am an employee, including but not limited to
          all customary and normal duties of a Chief Financial Officer upon
          request until a replacement is named and such other employment duties
          as are assigned after that time. These duties will include senior
          level financial strategy projects and duties and will be outlined in
          more detail in a job description.


Time When Payment Will Be Made. If I accomplish the Continuing Services
described above, I will receive the payments and benefits described above in the
Jack in the Box Offer. If I do not, I will not be entitled to any pay or
benefits other than what I would be entitled to receive while an employee.

Additional Agreements. I will not receive any bonus for Fiscal Year 2005 or any
part of the year. After January 23, 2005, I will be authorized to incur
pre-approved expenses and obligations on behalf of the Company. Vacation earned
or accrued will be used as it is earned. Medical and pension benefits will be
available at current levels pursuant to the terms of the applicable Company
plans. I understand that I will not qualify for the SERP plan. After January 23,
2005, or when a replacement is named, whichever is earlier, the Company may
elect to end my officer status but I will continue to be an employee. In either
event, I will be provided coverage under any applicable D&O insurance coverage
maintained by the Company.

Release of Claims. Various claims and disputes exist/may exist between the
parties. Jack in the Box and I desire to resolve all disputes and settle all
known and unknown claims. By signing and returning this Agreement to Jack in the
Box, I hereby settle, release and discharge any and all claims which I have or
may have against Jack in the Box, its subsidiaries, or affiliates and their
respective officers, directors and employees, arising from my employment with
Jack in the Box, including but not limited to all claims arising under any
Federal, State, or local laws or regulations pertaining to discrimination on the
basis of sex, pregnancy, race, color, marital status, religion, creed, national
origin, age, handicap, medical condition, or mental condition status or any
status protected by any other anti-discrimination laws, including, without
limitation, Title VII of the Civil Rights Act of 1964, the Americans with
Disabilities Act, the Age Discrimination in Employment Act, the Family Medical
Leave Act and the Fair Employment and Housing Act, whether such claim be based
on an action filed by me or by a governmental agency.

Unknown Claims/Applicable Law: This Agreement shall be governed by California
law. I understand that I may have claims of which I may be unaware or
unsuspecting which I am giving up by signing this Agreement. I also expressly
waive all rights I might have under Section 1542 of the Civil Code of California
which reads as follows:

     1542. Certain claims not affected by general release. A general release
     does not extend to claims which the creditor does not know or suspect to
     exist in his favor at the time of executing the release, which if known by
     him must have materially affected his settlement with the debtor.

Claims Not Affected. It is understood that this Agreement does not affect any
rights which I may have by reason of any Social Security, Worker Compensation,
or Unemployment laws, or any benefits which may be payable to me now or in the
future under any of the Benefit and/or Welfare Programs of Jack in the Box, its
subsidiaries and affiliates, unless these rights are specifically released by
this agreement.



<PAGE>


Confidentiality. I agree that I may have had access to confidential information
and trade secrets concerning products, business plans, marketing strategies and
other Company information and that I shall keep these matters completely
confidential.

Non-disparagement. Neither the company nor I will disparage, criticize or
otherwise communicate anything which may have a tendency to harm the other,
except as may specifically be required by law or in connection with any
governmental or regulatory matter.

Continuing Employment. As an employee, I understand that my rights under this
Agreement to receive any unpaid benefits are conditioned upon not committing a
breach of this Agreement, not committing any act which would be good cause(as
defined in the Compensation and Benefits Assurance Agreement for Executives
dated July 2001)for termination of employment or this Agreement, and not
providing services to a competing business or accepting employment elsewhere
before December 31, 2005. This shall not prevent me from being on the Board of
any company that is not in the food, beverage or restaurant industry, unless
permission, which shall not be unreasonably withheld, is granted by the Company.

Advice to Consult With Attorney. I have been (i) advised in writing to consult
with an attorney, and (ii) given adequate time to thoroughly review and discuss
all aspects of this Agreement with my attorney before signing this Agreement and
I have thoroughly discussed, or in the alternative have freely elected to waive
any further opportunity to discuss, this Agreement with my attorney.

The parties voluntarily enter into this Agreement by signing it on ____________,
2004.




________________________________             _____________________________
 Witness Signature                           John Hoffner



________________________________
 for Jack in the Box Inc.




                                      *****

</TEXT>
</DOCUMENT>
</SUBMISSION>
