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Is this a sign of the times? Apparently so. Jack in the Box is the latest franchise to announce a big streamlining of its locations, announcing the closure of 150–200 underperforming restaurants.

Jack in the Box also stated that it would halt its dividend payments effective immediately. The company had been paying a dividend of $1.76 per share on an annual basis, which was yielding nearly 7%.

Jack in the Box is planning to close between 150 to 200 underperforming restaurants and could sell the Del Taco brand it acquired in 2022. The San Diego-based chain, which currently operates and ...

Jack in the Box has announced it is planning to close between 150 to 200 underperforming restaurants and could sell the Del Taco brand it acquired three years ago. On April 23, the San Diego-based ...

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 ...

SAN DIEGO — 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 on April 23. Jack in the Box ...