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Jack in the Box Inc. is considering strategic options including a potential sale of Del Taco Restaurants, the fast food chain it acquired in 2022. The San Diego-based restaurant operator is ...
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Jack in the Box is seeking to offload its struggling Del Taco restaurant business and suspended its dividend as part of a restructuring plan under new CEO Lance Tucker, it said Wednesday.
As part of the strategy, Jack in the Box has also retained BofA Securities to explore strategic alternatives for the Del Taco brand, including the potential sale of the business. “Our actions ...
Jack in the Box pre-announced its earnings, revealing that sales at Del Taco dropped 3.6% and it will no longer provide financial guidance as it explores a sale. Meanwhile, Jack in the Box sales ...