JACK IN THE BOX INC

Jack in the Box Inc. announced the appointment of Rachel Ruggeri, former Executive Vice President and Chief Financial Officer of Starbucks Corporation, as an independent director to its Board. The company also noted the upcoming retirement of director Michael Murphy. Additionally, Jack in the Box and GreenWood Investors, LLC have extended their Nomination and Cooperation Agreement, which includes provisions regarding board size, director consultations, and investor event planning.

Jack in the Box Inc. reported a significant swing to year-to-date net earnings of $27.9 million, compared to a net loss of $86.5 million in the prior year, primarily driven by reduced losses from discontinued operations following the sale of Del Taco. The company actively managed its debt, prepaying $215.0 million of notes and issuing $500.0 million in new notes to repay existing debt, reducing total long-term debt to $1.43 billion. For the third quarter, revenues decreased slightly to $257.7 million, and diluted net earnings per share were $1.03.

Jack in the Box Inc. reported its third quarter fiscal 2026 financial results, with diluted EPS from continuing operations of $1.08 and a same-store sales decline of 1.1%. Total revenues decreased 1.8% to $257.7 million, while Adjusted EBITDA increased to $61.2 million. Interim CEO Mark King emphasized improving restaurant performance and strengthening franchisee profitability. The company also completed significant debt refinancing and updated its fiscal year 2026 guidance, which includes a low single-digit same-store sales decline and the discontinuation of its dividend and share repurchase program.

Del Taco, a subsidiary of JACK IN THE BOX INC, is introducing the new All-American Burgertaco, a limited-time mashup of its Double Del Cheeseburger and Big Fat Taco, available from August 6. Additionally, the company is bringing back and expanding its Dirty Del specialty beverage line. Del Yeah! Rewards members can get a free Dirty Del with a $5 purchase from August 10-16.

Del Taco, a subsidiary of JACK IN THE BOX INC, has once again received top honors in USA TODAY's 2026 10Best Reader's Choice Awards. The company was named #1 Fast Food Restaurant for the second straight year and #1 Fast Food Fries for the third consecutive year. Additionally, Del Taco ranked #3 in Best Fast Food Breakfast and #4 in Best Fast Food Taco, reinforcing its brand affinity across multiple menu categories.

Jack in the Box Inc. announced that Carl Mount mutually agreed to step down from his Executive Leadership Team role as Senior Vice President and Chief Supply Chain Officer, effective July 2, 2026. Mr. Mount will transition into an advisory role through October 1, 2026. He will be eligible for severance benefits and there were no disagreements between him and the company regarding its operations or policies.

Jack in the Box Inc., through its indirect subsidiary Jack in the Box Funding, LLC, completed a $500 million securitized financing facility by issuing Series 2026-1 7.624% Fixed Rate Senior Secured Notes. Concurrently, it established a revolving financing facility for up to $150 million in Variable Funding Senior Secured Notes. The proceeds will be used to repay existing debt, supporting the company's 'JACK on Track' plan to strengthen its balance sheet and clear near-term maturities.

Del Taco, a subsidiary of JACK IN THE BOX INC, has announced the return of its slow-cooked Pork Carnitas for a limited time, expanding the lineup with five new menu items including the Carnitas Big Fat Taco. The summer menu also features the return of Independence Poppers beverages and the fan-favorite Funnel Cake Fries for $2.50. This launch aims to build on the excitement of popular offerings and introduce new innovations.

Jack in the Box Inc. announced its subsidiary, Jack in the Box Funding, LLC, will issue $500 million of Series 2026-1 7.624% Fixed Rate Senior Secured Notes in a private securitization transaction. The net proceeds are intended to fully repay the Company's existing Series 2019-1 4.476% Fixed Rate Senior Secured Notes and partially repay the Series 2022-1 3.445% Fixed Rate Senior Secured Notes. Additionally, the Master Issuer plans to issue $150 million of Series 2026-1 Variable Funding Senior Secured Notes to replace existing variable funding notes.

Jack in the Box Inc. announced plans to repay $110 million of its Series 2019-1 4.476% Fixed Rate Senior Secured Notes ahead of schedule, bringing its total debt reduction in 2026 to $236.4 million. Following this, the company's subsidiaries intend to complete a refinancing transaction, issuing $500 million in senior secured fixed rate notes and $150 million in variable funding notes. The proceeds will be used to refinance existing securitized debt, further optimizing its capital structure under the "JACK on Track" plan.