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Jack In The Box Sells Del Taco for $115 Million, Shares Fall 9.10%

Thursday, Oct 16, 2025 2:25 pm ET1min read

Jack In The Box Inc. (NASDAQ:JACK) shares fell 9.10% to $17.53 after announcing the sale of its wholly-owned subsidiary, Del Taco Holdings, to Yadav Enterprises for $115 million in cash. The transaction is expected to close by January 2026, and the company plans to use the net proceeds to reduce debt. The sale aligns with the company's "Jack on Track" plan, aimed at strengthening the balance sheet and shifting to a simpler, asset-light business model.

Jack in the Box Inc. (NASDAQ: JACK) saw its shares drop by 9.10% to $17.53 on September 12, 2025, following the announcement of the sale of its wholly-owned subsidiary, Del Taco Holdings, to Yadav Enterprises Inc. for $115 million in cash, according to a Morningstar article.

Jack in the Box operates approximately 2,160 Jack in the Box restaurants and over 550 Del Taco restaurants across 22 and 18 states, respectively. The sale of Del Taco, which operates and franchises more than 550 restaurants, is expected to streamline operations and reduce debt, allowing the company to focus on its core Jack in the Box brand.

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Jack In The Box Sells Del Taco for $115 Million, Shares Fall 9.10%

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