San Diego, January 10, 2026
Jack in the Box Inc. has made a significant move by repaying $105 million of its Series 2019-1 Fixed Rate Senior Secured Notes. This is part of the company’s ‘JACK on Track’ initiative aimed at reducing debt and strengthening its financial position. CEO Lance Tucker emphasized that this repayment signifies progress towards sustainable growth for shareholders. The company operates over 2,100 restaurants and plans to continue its debt reduction strategies through cash reserves and targeted real estate sales.
San Diego, California
Jack in the Box Inc. (NASDAQ: JACK) has repaid $105 million of its Series 2019-1 4.476% Fixed Rate Senior Secured Notes, Class A-2-II, as part of its ongoing “JACK on Track” plan to reduce debt and strengthen its balance sheet.
CEO Lance Tucker stated that this repayment reflects meaningful progress toward sustainable growth and value delivery for shareholders. The company plans to continue debt reduction through cash on hand and targeted real estate sales.
Jack in the Box operates approximately 2,135 restaurants across 21 states, primarily in the western and southern United States.
In December 2025, the company completed the sale of Del Taco Holdings Inc. to Yadav Enterprises Inc. for approximately $119 million, marking a strategic move to simplify operations and reduce debt.
As of January 19, 2025, Jack in the Box reported cash totaling $75 million and long-term debt of $1.69 billion, with a net debt to adjusted EBITDA leverage ratio of 5.3 times. The company anticipates adjusted EBITDA between $288 million and $303 million for fiscal 2025.
Jack in the Box’s “JACK on Track” plan focuses on debt reduction, operational simplification, and sustainable growth to enhance shareholder value.
Understanding the “JACK on Track” Plan
The “JACK on Track” plan represents Jack in the Box’s strategic initiative aimed at fostering sustainable growth while reducing its financial obligations. This approach underscores the company’s commitment to not just surviving but thriving in a competitive market, showcasing the determination and strategic planning characteristic of successful local businesses. With corporate resilience highlighted as a vital aspect of local economic growth, this initiative aligns with broader trends observed among California entrepreneurs who prioritize efficiency and innovation.
Financial Progress and Debt Reduction
In a significant step towards eliminating debt, Jack in the Box has successfully repaid $105 million from its fixed-rate senior secured notes. This repayment is part of a larger strategy aimed at achieving a sustainable financial footing. The company’s ability to focus on reducing debt not only strengthens its balance sheet but also enhances its attractiveness to investors, setting the stage for informed growth initiatives in the future.
Strategic Sale of Del Taco
The sale of Del Taco Holdings Inc. reflects Jack in the Box’s focus on operational simplification. By divesting this subsidiary for approximately $119 million, the company has taken proactive steps to streamline operations and reduce debt. Such strategic decisions are crucial as they allow businesses to concentrate on core competencies, ultimately benefiting the overall San Diego County economy through job preservation and potential growth in other sectors.
Current Financial Standing
As of January 19, 2025, Jack in the Box reported holding cash of $75 million against a long-term debt of $1.69 billion, maintaining a net debt to adjusted EBITDA leverage ratio of 5.3 times. The anticipated adjusted EBITDA for fiscal 2025 stands between $288 million and $303 million, providing a clearer picture of the company’s operational efficiency and financial health. This financial overview offers insights into the health of one of San Diego’s prominent businesses, further indicating its impact on the local economy.
Encouraging Positive Local Economic Trends
Jack in the Box’s initiatives provide a strong example of how local businesses can adapt, streamline, and enhance their operational models in pursuit of success. With a focus on reducing red tape and fostering growth through innovation, San Diego has the potential to become a hub for entrepreneurial success stories. Supporting such initiatives contributes significantly to the long-term vitality of the San Diego County economy.
Conclusion
Jack in the Box’s recent debt repayment and strategic maneuvers highlight its commitment to sustainable growth, operational efficiency, and value delivery for shareholders. As the business landscape continues to evolve, such resilience from local companies fosters a climate of innovation and growth within the San Diego community. Encouraging support for local enterprises and fostering streamlined regulations can pave the way for a robust economic future in California.
Frequently Asked Questions (FAQ)
What is the “JACK on Track” plan?
The “JACK on Track” plan is Jack in the Box’s strategic initiative aimed at reducing debt, simplifying operations, and positioning the company for sustainable growth to deliver value to shareholders.
How much debt has Jack in the Box repaid?
Jack in the Box has repaid $105 million of its Series 2019-1 4.476% Fixed Rate Senior Secured Notes, Class A-2-II, as part of its debt reduction efforts.
What is the current financial status of Jack in the Box?
As of January 19, 2025, Jack in the Box reported cash totaling $75 million and long-term debt of $1.69 billion, with a net debt to adjusted EBITDA leverage ratio of 5.3 times. The company anticipates adjusted EBITDA between $288 million and $303 million for fiscal 2025.
What is the significance of the Del Taco sale?
The sale of Del Taco Holdings Inc. to Yadav Enterprises Inc. for approximately $119 million is part of Jack in the Box’s strategy to simplify operations and reduce debt, aligning with the “JACK on Track” plan.
How many restaurants does Jack in the Box operate?
Jack in the Box operates approximately 2,135 restaurants across 21 states, primarily in the western and southern United States.
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Key Features of Jack in the Box’s Debt Repayment Announcement
| Feature | Details |
|---|---|
| Debt Repaid | $105 million of Series 2019-1 4.476% Fixed Rate Senior Secured Notes, Class A-2-II |
| Strategic Plan | “JACK on Track” plan focusing on debt reduction and sustainable growth |
| CEO Statement | Lance Tucker emphasized progress toward strengthening the balance sheet and delivering shareholder value |
| Future Plans | Continue debt reduction through cash on hand and targeted real estate sales |
| Number of Restaurants | Approximately 2,135 across 21 states |
| Del Taco Sale | Completed sale to Yadav Enterprises Inc. for approximately $119 million in December 2025 |
| Financial Status | As of January 19, 2025: cash of $75 million, long-term debt of $1.69 billion, net debt to adjusted EBITDA leverage ratio of 5.3 times, anticipated adjusted EBITDA between $288 million and $303 million for fiscal 2025 |
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