Thinknum Alternative Data
Request Demo
Thinknum Login
Questions answered using Thinknum

Fundamental Investors

How many cars has Carmax sold this week compared to the same week last year?

How is foot traffic at Chipotle changing YoY?

What are the industrial companies that are growing and hiring the most?

Quantitative Analysts

How are the number of Twitter followers a leading indicator for company performance?

How are the number of LinkedIn employees a leading indicator for company performance?

Business Inteligence

Which private companies are getting their products picked up by major retailers?

Which private healthcare companies are hiring the most?

Which tech startups are getting the largest increase in mobile app downloads?

Join the investment community and start your week with market insights seen through the lens of alternative web data.

Burger King's dollar taco puts it in a direct fight with Jack in the Box

4 months ago by James Mattone in Features, Markets

Today, Burger King ($NYSE:QSR) announced it will bring back hard shell tacos, for $1 each, for a limited time. While some may see this as a trivial move to capitalize on the midnight munchies, alternative data sees this as Burger King challenging Jack in the Box ($NASDAQ:JACK), another publicly traded fast food chain known for both its burgers and tacos.

According to proximity data, there are less than 50 Jack in the Box locations in the United States that sit further than ten miles from a Burger King, and the majority of BK locations are around or under a mile away from one of Jack's joints. In other words, Burger King has Jack surrounded.

One of Jack in the Box's main selling points is its taco. The company tries to give them out for free at Los Angeles Lakers games — everyone in the arena gets a free taco when the Lakers win a game and hold their opponents under 100 points — or other Jack in the Box sponsored events, but any other day, two of these tacos are just a buck.

Burger King's dollar taco directly competes with this offer, albeit at a more expensive price point. The fast food giant also has the reach that Jack in the Box doesn't; while Jack in the Box rarely touches the East Coast and Midwest, Burger King has thousands of locations.

Could this cut into Jack in the Box's bottom line? It's too early to tell, but with a market saturated with tacos — from Jack in the Box to now Burger King, not to mention all the Mexican eateries we wrote about during Cinco de Mayo — it appears that we're heading for a taco bubble.

About the Data: 

Thinknum tracks companies using information they post online - jobs, social and web traffic, product sales and app ratings - and creates data sets that measure factors like hiring, revenue and foot traffic. Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales. 

Futher reading:

Join the businesses who have begun to edge out competitors by scouring the web for alternative data.

Request demo
Ready for a personalized tour?

James Mattone

James is the Associate Editor at Thinknum Media, mainly covering video games, food, and tech news, but not afraid to head into Sephora or beauty brands if need be...

Request a demo

We would love to show you how Thinknum will benefit your investment process. To get started, fill out the form and we'll contact you shortly to schedule your demo.

Get Thinknum Media in your inbox

Start the day off with our Weekly Digest.