Jack in the Box to Sell Del Taco for $115mln

Thursday, Oct 16, 2025 8:15 am ET1min read

Jack in the Box Inc. agreed to sell its Del Taco subsidiary to Yadav Enterprises for $115 million in cash. The transaction is expected to close by January 2026. The seller plans to use the proceeds to repay debt. Lance Tucker, CEO of Jack in the Box Inc., stated that the divestiture is an important step towards focusing on the core Jack in the Box brand.

Jack in the Box Inc. (NASDAQ: JACK) has entered into a definitive agreement to sell Del Taco Holdings Inc. to Yadav Enterprises Inc. for $115 million in cash, with the transaction expected to close by January 2026, according to the . This divestiture is part of the company’s “Jack on Track” strategic plan, which aims to simplify its operations and strengthen its balance sheet.

The proceeds from the sale will primarily be used to retire debt within the company’s securitization structure, specifically to repay part of the Series 2019-1 4.476% Fixed Rate Senior Secured Notes, Class A-2-II. The transaction is subject to customary closing conditions and regulatory approvals.

Lance Tucker, CEO of Jack in the Box Inc., stated that the divestiture is an important step towards focusing on the core Jack in the Box brand. He added that the company is confident in Yadav Enterprises Inc. as the right steward for Del Taco’s future evolution.

Del Taco Holdings Inc. operates and franchises over 550 Del Taco restaurants across the United States. Yadav Enterprises Inc., which operates more than 310 franchise restaurants including Jack in the Box, Denny’s, and TGI Friday’s, will acquire Del Taco.

The stock market reacted positively to the news, with Jack in the Box stock trading over 2% higher in Thursday’s premarket session, according to . Retail sentiment on Stocktwits remained bullish amid high message volume levels.

The transaction is expected to provide significant benefits to Jack in the Box Inc. by reducing debt and allowing the company to focus on its core business. Investors should keep an eye on the company’s earnings release on November 19, 2025, for updates to the “Jack on Track” plan.

Jack in the Box to Sell Del Taco for $115mln

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