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Jack in the Box to Close Up to 120 Locations

12/25/2025

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Story summary
  • Jack in the Box Inc., the restaurant chain, plans to close 80–120 underperforming restaurants by year-end to cut costs.
  • The company aims to shutter 150–200 locations by 2026, amid rising beef prices and higher debt.
  • So far it has closed 72 stores, with a week left in the year.
  • The fiscal year ending September posted a net loss of $80.7 million and a 7.4% fourth-quarter sales drop.