Jack in the Box (JACK) closes $119M sale of Del Taco operations

Rhea-AI Filing Summary

Jack in the Box Inc. has completed the sale of its Del Taco restaurant operations. On December 22, 2025, the company closed the previously announced transaction selling Del Taco Holdings Inc., its wholly owned subsidiary, to Del Taco Group, LLC, an assignee of franchisee Yadav Enterprises, Inc.

The aggregate purchase price is approximately $119.0 million in cash, subject to post-closing working capital adjustments. The buyer paid $109.0 million at closing, with the remaining $10.0 million deferred to no later than January 12, 2026. The deferred amount earns interest at an annual rate of eight percent, and the buyer’s obligation to pay this balance, plus accrued interest, is guaranteed by an individual guarantor.

The company also issued a press release on December 22, 2025 announcing the closing of the transaction, which is furnished as an exhibit.

Insights

Equity & M&A Analyst

Jack in the Box monetizes Del Taco operations for about $119M in cash.

Jack in the Box Inc. has closed the sale of Del Taco Holdings Inc., its wholly owned subsidiary that runs the Del Taco restaurant operations, to Del Taco Group, LLC. The transaction carries an aggregate cash purchase price of approximately $119.0 million, with the consideration subject to post-closing working capital adjustments.

Of this amount, the buyer paid $109.0 million in cash at closing and will pay the remaining $10.0 million no later than January 12, 2026. The deferred portion accrues interest at an annual rate of eight percent, and payment of this deferred consideration plus interest is guaranteed by a buyer guarantor, which adds an additional layer of payment support.

The company has effectively converted ownership of the Del Taco operations into cash while retaining a short-term receivable with defined timing, interest, and a guarantee. Subsequent disclosures in company filings may provide more detail on how this cash is used and the ongoing relationship, if any, with the Del Taco business.

8-K Event Classification

3 items: 2.01, 7.01, 9.01

3 items

Item 2.01 Completion of Acquisition or Disposition of Assets Financial

The company completed a significant acquisition or sale of business assets.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

FAQ

What major transaction did JACK report in this 8-K filing?

Jack in the Box Inc. reported that it completed the sale of Del Taco Holdings Inc., its wholly owned subsidiary that owns and operates the Del Taco restaurant operations, to Del Taco Group, LLC.

How much did Jack in the Box (JACK) receive for selling Del Taco Holdings Inc.?

The aggregate purchase price for Del Taco Holdings Inc. is approximately $119.0 million in cash, subject to post-closing working capital adjustments.

How is the $119 million purchase price for JACK’s Del Taco business being paid?

The buyer paid $109.0 million in cash at closing, with the remaining $10.0 million due no later than January 12, 2026. The deferred portion accrues interest at eight percent annually.

Who guarantees the deferred payment in Jack in the Box’s Del Taco sale?

The obligation to pay the deferred $10.0 million consideration, plus accrued and unpaid interest, is guaranteed by Anil Yadav, identified as the buyer guarantor.

Did Jack in the Box (JACK) issue a press release about the Del Taco sale closing?

Yes. The company issued a press release on December 22, 2025 announcing the closing of the transaction, which is furnished as Exhibit 99.1.

Is the information in JACK’s press release about the Del Taco sale considered filed with the SEC?

The information provided under Item 7.01, including Exhibit 99.1, is being furnished and is not deemed "filed" for purposes of Section 18 of the Exchange Act, nor incorporated by reference into other filings unless expressly stated.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Understanding 8-K Material Events →

Accepted by SEC EDGAR 12/22/2025 - 05:38 PM Learn about SEC filing dates

FALSE000080788200008078822025-12-222025-12-22

_____________________________________________________________________________________

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 22, 2025

JACK IN THE BOX INC.

(Exact name of registrant as specified in its charter)

_________________

Delaware			1-9390			95-2698708
(State or Other Jurisdiction of Incorporation)			(Commission File Number)			(I.R.S. Employer Identification Number)

9357 Spectrum Center Blvd, San Diego, CA 92123

(Address of principal executive offices) (Zip Code)

(858) 571-2121

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

_________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock			JACK			NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

______________________________________________________________________

ITEM 2.01 COMPLETION OF ACQUISITION OR DISPOSITION OF ASSETS

On December 22, 2025 (the “Closing Date”), Jack in the Box Inc., a Delaware corporation (the “Company”) completed its previously announced sale of Del Taco Holdings Inc., a Delaware corporation and wholly owned subsidiary of the Company that owns and operates the Company’s Del Taco restaurant operations, to Del Taco Group, LLC, a California limited liability company and assignee of Yadav Enterprises, Inc., a California corporation and franchisee of the Company (“Buyer”), pursuant to a Stock Purchase Agreement (the “Purchase Agreement”), dated October 15, 2025, by and among the Company, Buyer and Anil Yadav, a natural person (“Buyer Guarantor”), for an aggregate purchase price of approximately $119.0 million (the “Purchase Price”) in cash (the “Transaction”). The purchase price is subject to post-closing working capital adjustments. Buyer paid out $109.0 million in cash of the Purchase Price on the Closing Date, with the parties agreeing to permit Buyer to defer payment of the remaining $10.0 million in consideration to no later than January 12, 2026 subject to the Company’s receipt of a $100,000 commitment fee from Buyer, which was paid out to the Company on the Closing Date. The deferred amount accrues interest at an annual rate of eight percent. Buyer’s obligation to pay out the deferred consideration, together with accrued and unpaid interest, is guaranteed by Buyer Guarantor.

The foregoing description of the Purchase Agreement and the transactions contemplated thereby, including the Transaction, is only a summary, does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Purchase Agreement, a copy of which was filed as Exhibit 2.1 to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on October 15, 2025, and the full text of which is incorporated herein by reference.

ITEM 7.01 REGULATION FD DISCLOSURE

On December 22, 2025, the Company issued a press release announcing the closing of the Transaction.

A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference in this Item 7.01. The information in this Item 7.01, including Exhibit 99.1, is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits.

Exhibit No.			Description
99.1			Press release dated December 22, 2025
104			Cover Page Interactive Date File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

JACK IN THE BOX INC.

/s/    Sarah Super

Sarah Super

EVP, Chief Legal & Administrative Officer

Date: December 22, 2025