Jack in the Box to sell Del Taco for $115M cash to Yadav Enterprises

JACK IN THE BOX INC

Agreed to sell Del Taco Holdings (550+ restaurants) to Yadav Enterprises for $115M cash.
Net proceeds will repay part of Jack's Series 2019-1 4.476% Fixed Rate Senior Secured Notes.
Transaction expected to close by January 2026; subject to customary conditions.
Divestiture aligns with 'Jack on Track' plan to simplify and strengthen balance sheet.
Company to provide fiscal 2026 guidance and plan updates at Nov 19, 2025 earnings call.

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