Del Taco Restaurants (TACO) Reports Q3 Loss of $0.06; Offers FY15 Guidance

Del Taco Restaurants (NASDAQ: TACO) reported Q3 EPS of ($0.06), versus $0.23 reported last year. Revenue for the quarter came in at $98.6 million versus the consensus estimate of $97.6 million. Comps increased 5.6%.

Del Taco Restaurants sees FY2015 revenue of $420-423 million, versus the consensus of $421 million.

• Total revenue between $420 million and $423 million;
• System-wide same store sales growth of approximately 5.5% to 6.0%;
• Restaurant contribution margin between 19.5% and 19.7%;
• G&A expenses between $29.9 and $30.4 million, prior to accounting for the management equity incentive plan that is expected to be finalized in the fourth quarter;
• Adjusted EBITDA between $64.2 million and $64.8 million; and
• Thirteen system-wide restaurant openings, including seven company-operated restaurants.

For earnings history and earnings-related data on Del Taco Restaurants (TACO) click here.

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