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3d ago

Jack in the Box to Close Up to 200 Locations and Weighs Del Taco Sale

The fast-food chain's restructuring plan, led by new CEO Lance Tucker, aims to reduce debt, streamline operations, and focus on long-term growth.

In an aerial view, a sign is posted in front of a Jack in the Box restaurant on May 12, 2021 in Berkeley, California.
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A Jack in the Box drive thru fast food restaurant, Tuesday, Nov. 16, 2022, in Los Angeles.
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Overview

  • Jack in the Box will close 150 to 200 underperforming restaurants, with 80 to 120 closures planned by the end of 2025.
  • The company is exploring strategic alternatives for its Del Taco brand, including a potential sale, to simplify its business model.
  • The restructuring, called the 'JACK on Track' plan, focuses on debt reduction, operational efficiency, and improved financial performance.
  • Same-store sales for Jack in the Box declined 4.4% in Q2 2025, while Del Taco's sales dropped 3.6%, highlighting ongoing challenges.
  • Jack in the Box's stock has lost over 50% of its value in the past year, reflecting investor concerns over declining performance and elevated debt.