Jack in the Box sells Del Taco for $115M, suspends dividend, prepays $105M debt

Filed May 13, 2026 · Period ending April 12, 2026 · Compared to 10-Q May 14, 2025 · ~1 min read

Key Changes

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  Del Taco sold for $115M cash (closed Dec 2025); proceeds funded $105M debt prepayment in Jan 2026, with additional $99M prepayment planned in Q3 using $71M withdrawn from excess life insurance funding.

  MD&A: Del Taco divestiture and debt prepayment verify on EDGAR →
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  Dividend suspended effective April 2025 to redirect cash toward debt reduction; no dividends declared in fiscal 2026 versus $16.7M paid in prior-year period.

  MD&A: Dividend suspension verify on EDGAR →
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  Jack in the Box same-store sales declined 3.8% year-to-date (improved from Q2's 4.0% decline a year ago); transaction counts down 4.3% in Q2, partially offset by menu pricing.

  MD&A: Same-store sales performance verify on EDGAR →