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Jack in the Box to close up to 200 'underperforming' locations

jack in the box
Kirby Lee/AP via CNN 온라인 바카라 게임ource
jack in the box
SOURCE: Kirby Lee/AP via CNN 온라인 바카라 게임ource
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Jack in the Box to close up to 200 'underperforming' locations
Jack in the Box plans to close approximately 10% of its locations and is exploring a sale of its Del Taco brand amid a broader overhaul of the fast-food chain that is struggling as customers cut back on spending.The 74-year-old chain announced Wednesday that it바카라 게임 웹사이트s planning to close 150 to 200 바카라 게임 웹사이트underperforming바카라 게임 웹사이트 locations, with 80 to 120 restaurants closing by the end of the year. Jack in the Box has about 2,200 restaurants, which are primarily located on the U.S. West Coast.The closures are aimed at 바카라 게임 웹사이트addressing our balance sheet to accelerate cash flow and pay down debt,바카라 게임 웹사이트 said Jack in the Box CEO Lance Tucker in a statement, with the chain hoping to pay off $300 million in debt over the next two years. He hopes the closures will lead to 바카라 게임 웹사이트consistent, net positive unit growth.바카라 게임 웹사이트It바카라 게임 웹사이트s also exploring 바카라 게임 웹사이트strategic alternatives바카라 게임 웹사이트 for Del Taco, a Mexican-inspired chain that it bought just three years ago. However, the purchase has been beset with problems, Tucker revealed on a call with analysts, including rising inflation and tough competition from entrenched competitors, like Taco Bell.바카라 게임 웹사이트I don바카라 게임 웹사이트t know that (Del Taco바카라 게임 웹사이트s) results over the next several years are going to meaningfully contribute to Jack바카라 게임 웹사이트s bottom line,바카라 게임 웹사이트 Tucker said, adding that it 바카라 게임 웹사이트makes sense to move them to another owner.바카라 게임 웹사이트Jack 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 dipped 4.4% in the second quarter of 2025.Jack in the Box바카라 게임 웹사이트s struggles are reflected in its stock price, which has plunged 57% over the past year and is nearly 7% lower in premarket trading Thursday.Other fast-food chains are struggling, too, but not to the extent of Jack in the Box. Rivals like McDonald바카라 게임 웹사이트s have reported a sluggish start to the year and Chipotle said this week it바카라 게임 웹사이트s noticed a slowdown in spending. However, Taco Bell is forecasting an 8% surge in sales boosted by trending new menu items.

Jack in the Box plans to close approximately 10% of its locations and is exploring a sale of its Del Taco brand amid a broader overhaul of the fast-food chain that is struggling as customers cut back on spending.

The 74-year-old chain announced Wednesday that it바카라 게임 웹사이트s planning to close 150 to 200 바카라 게임 웹사이트underperforming바카라 게임 웹사이트 locations, with 80 to 120 restaurants closing by the end of the year. Jack in the Box has about 2,200 restaurants, which are primarily located on the U.S. West Coast.

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The closures are aimed at 바카라 게임 웹사이트addressing our balance sheet to accelerate cash flow and pay down debt,바카라 게임 웹사이트 said Jack in the Box CEO Lance Tucker in a statement, with the chain hoping to pay off $300 million in debt over the next two years. He hopes the closures will lead to 바카라 게임 웹사이트consistent, net positive unit growth.바카라 게임 웹사이트

It바카라 게임 웹사이트s also exploring 바카라 게임 웹사이트strategic alternatives바카라 게임 웹사이트 for Del Taco, a Mexican-inspired chain that it bought just three years ago. However, the purchase has been beset with problems, Tucker revealed on a call with analysts, including rising inflation and tough competition from entrenched competitors, like Taco Bell.

바카라 게임 웹사이트I don바카라 게임 웹사이트t know that (Del Taco바카라 게임 웹사이트s) results over the next several years are going to meaningfully contribute to Jack바카라 게임 웹사이트s bottom line,바카라 게임 웹사이트 Tucker said, adding that it 바카라 게임 웹사이트makes sense to move them to another owner.바카라 게임 웹사이트

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 dipped 4.4% in the second quarter of 2025.

Jack in the Box바카라 게임 웹사이트s struggles are reflected in its stock price, which has plunged 57% over the past year and is nearly 7% lower in premarket trading Thursday.

Other fast-food chains are struggling, too, but not to the extent of Jack in the Box. Rivals like McDonald바카라 게임 웹사이트s have reported a sluggish start to the year and Chipotle said this week it바카라 게임 웹사이트s noticed a slowdown in spending. However, Taco Bell is forecasting an 8% surge in sales boosted by trending new menu items.