"This divestiture is an important step in returning to simplicity, and we look forward to focusing on our core Jack in the Box brand,"
"After a robust process, we are confident we have entered into a transaction with the right steward for Del Taco in its next chapter of evolution. We wish Del Taco success as they enter this next chapter."
Jack in the Box sold Del Taco to Fremont-based Yadav Enterprises in a $115 million cash deal covering 550 Del Taco stores, with the transaction expected to close in January 2026. Jack in the Box acquired Del Taco for $585 million in 2022 and is selling at a substantially lower price to reduce debt and move toward a simpler, asset-light business model. The sale aligns with a wider restructuring that includes closing 150 to 200 underperforming Jack in the Box locations under the "Jack on Track" plan. Yadav Enterprises, founded in 1989 by CEO Anil Yadav, operates more than 300 restaurant locations and holds multiple franchise relationships.
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