Jack in the Box rises after announcing to sell Del Taco for $115 mln

Jack In The Box

16/10/2025 12:25

** Shares of restaurant operator Jack in the Box JACK.O up about 2% at $19.69 premarket

** Co to sell its Del Taco unit to franchise restaurant operator Yadav Enterprises for $115 million in an all-cash deal

** The deal is expected to close by January 2026

** Deal is expected to help JACK to simplify operations and focus on its core brand

** Up to last close, JACK stock down almost 54% YTD

(Reporting by Anshi Sancheti  in Bengaluru)

((Anshi.Sancheti@thomsonreuters.com))