JACK: revenue $257.7M, net income $20.1M. Jack in the Box sells Del Taco for, cuts debt; franchisee payment delays emerge

Filed August 12, 2026 · Period ending July 5, 2026 · Compared to 10-Q Aug 6, 2025 · ~2 min read

Key Changes

• high

  Completed sale of Del Taco for $115M cash in Dec 2025, recording a $47.4M loss; used $105M of proceeds to prepay debt in Jan 2026, part of $215M total debt reduction through Q3.

  MD&A: Del Taco sale; Notes: Discontinued operations verify on EDGAR →
• high

  Franchisee payment delays and deferrals now impacting cash flows; bad debt expense rose $2.4M YTD and allowance for credit losses increased to $7.6M from $5.6M a year ago.

  MD&A: Liquidity; Notes: Allowance for credit losses verify on EDGAR →
• high

  Refinanced $500M of securitized debt at 7.624% fixed rate (vs. prior 3.4–4.1%), extending maturities; incurred $1.3M debt extinguishment loss but reduced average borrowings.

  MD&A: Debt refinancing; Notes: 2026 Class A-2 Notes verify on EDGAR →