secwatch.observer — SEC 8-K summary
======================================

Issuer:     JACK IN THE BOX INC (JACK)
CIK:        0000807882
Form:       8-K/A
Filed at:   2025-12-29T23:59:59+00:00
Accession:  0000807882-25-000084
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jack in the Box completes $119M Del Taco sale; pro forma shows $88.9M net income vs prior loss
--------------------------------------------------------------------------------

- Sold Del Taco (~575 restaurants) for $119M cash; $109M at close, $10M deferred due Jan 12, 2026.
- Net proceeds (~$104M) used to repay $105M of Series 2019-1 4.476% Senior Notes.
- Pro forma FY2025 net income $88.9M ($4.64 diluted EPS) vs historical net loss $80.7M ($4.24 loss per share).
- Pro forma balance sheet shows total assets $2.0B, long-term debt reduced to $1.57B.
- Transition services agreement with buyer for up to 6 months; recognized $5.5M income in FY2023 pro forma.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/807882/000080788225000084/0000807882-25-000084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/807882/000080788225000084/jack-20251222.htm
  HTML page:      https://secwatch.observer/filing/0000807882-25-000084

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer