Del Taco Restaurants (TACO) Tops Q3 EPS by 1c, Revenues Miss; Lowers FY18 EPS/Revenue Outlook Below Consensus

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Go back to Del Taco Restaurants (TACO) Tops Q3 EPS by 1c, Revenues Miss; Lowers FY18 EPS/Revenue Outlook Below Consensus

Del Taco Restaurants, Inc. Reports Fiscal Third Quarter 2018 Financial Results

October 16, 2018 4:05 PM EDT

Updates Fiscal Year 2018 Annual Guidance

LAKE FOREST, Calif.--(BUSINESS WIRE)-- Del Taco Restaurants, Inc. (Del Taco or the Company), (NASDAQ: TACO), the second largest Mexican-American quick service restaurant chain by units in the United States, today reported fiscal third quarter 2018 financial results. The Company also updated its guidance for fiscal year 2018.

Fiscal Third Quarter 2018 Highlights

System-wide comparable restaurant sales grew 1.4%, marking the 20th consecutive quarter of gains; Company-operated comparable restaurant sales grew 0.3%, marking the 25th consecutive quarter of gains. Company-operated comparable restaurant sales growth was comprised of average check growth... More