Jack in the Box Inc swung to a loss amid a portfolio-wide sales decline in the second quarter.

The company recorded a net loss of $142 million in the quarter ended April 13, compared to a net income of $25 million in the prior-year period. Operating loss was $157 million compared to operating income of $54.1 million last year.

Total revenues slid 7.8 per cent to $336.7 million, primarily the result of the Del Taco refranchising transactions.

The Jack in the Box chain saw 4.4 per cent decline in same-restaurant sales, while Del Taco posted a 3.6 per cent decrease. Higher prices were more than offset by lower transactions at both brands.

“I am encouraged by our marketing plans in the back half of 2025, which we expect to energize sales despite the difficult industry-wide macro environment in which we continue to operate,” said CEO Lance Tucker. 

“As we stated when announcing the recent ‘Jack on Track’ plan, we are addressing the areas of need to improve the business, and I am confident in our ability to establish consistent top-line trends while becoming a more simple, efficient company and investor story,” Tucker added.