The chain wants to protect itself from a hostile takeover, and the limited-duration act is unlikely to impact shareholders, ...

The action is meant to keep Biglari Capital, which owns a 9.9% stake in the chain, from acquiring additional shares and to ...

Jack in the Box plans to close approximately 10% of its locations to combat falling sales as customers cut back on spending.

Fast-food chain Jack in the Box has announced plans to close up to 200 underperforming restaurant locations as U.S. customers continue to cut back on spending.

As part of the strategy, Jack in the Box has also retained BofA Securities to explore strategic alternatives for the Del Taco brand, including the potential sale of the business.

Jack in the Box's results show a 4.4% decline in same-store sales for the fiscal year's second quarter ending 13 April 2025.

Jack in the Box said 150 to 200 of its “underperforming" restaurants are slated to close, and a majority will happen by the end of the year.

Jack in the Box plans to close up to 200 of its restaurants and is considering the sale of its Del Taco brand, the company said in a news release.

Jack in the Box announces plans to close 150-200 underperforming stores and streamline operations to boost cash flow and reduce debt.

Jack in the Box plans to close up to 200 of its restaurants and is considering the sale of its Del Taco brand, the company said in a news release.