Sat Apr 26 08:00:00 UTC 2025: **Jack in the Box to Close Up to 200 Underperforming Restaurants**
**Scottsdale, AZ – May 7, 2025** – Jack in the Box announced a major restructuring plan, dubbed “JACK on Track,” that will see the closure of 150 to 200 underperforming restaurants across the country. The closures, targeting older, less profitable locations, are part of a broader strategy to improve the company’s financial performance and accelerate cash flow. Roughly 80 to 120 restaurants will close before the year’s end, with the remainder closing as franchise agreements expire. This is separate from the company’s typical annual closure rate.
The company’s CEO, Lance Tucker, stated that the initiative focuses on improving the balance sheet, closing underperforming units to achieve net unit growth, and simplifying the business model. Jack in the Box also revealed it is considering divesting its Del Taco brand, acquired in 2022.
The news comes amidst a challenging period for the fast-food industry. Jack in the Box reported a 4.4% decline in same-store sales for its namesake brand and a 3.6% decline for Del Taco in the second quarter. The company anticipates low-to-mid single-digit same-store sales decline for its flagship brand in fiscal year 2025, forecasting operating earnings per share of $5.05 to $5.40 (excluding the impact of the JACK on Track initiative). Final second-quarter results are expected in mid-May. Despite the closures, the company projects consistent net unit growth after the restructuring. The company currently operates approximately 2,200 Jack in the Box restaurants and 600 Del Taco locations.
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