The company is also considering selling Del Taco, acquired three years ago, due to inflation and competition issues. Sales dropped 4.5% in Q2 2025.

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“What may have frightened the board is that they’re thinking, ‘Oh no, we bought into this bad concept of Del Taco and now we have a debt payment coming up on it,’” Gordon said.

“What may have frightened the board is that they’re thinking, ‘Oh no, we bought into this bad concept of Del Taco and now we have a debt payment coming up on it,’” Gordon said.

In a move to focus more on growing the Jack in the Box Brand, the San Diego-based company is also mulling selling Del Taco.