Del Taco Restaurants (TACO) Tops Q4 EPS by 1c, Offers Guidance

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Del Taco Restaurants, Inc. Reports Fiscal Fourth Quarter and Fiscal Year 2019 Financial Results

March 11, 2020 4:05 PM EDT

Issues Fiscal Year 2020 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 fourth quarter and fiscal year 2019 financial results for the 16-week and 52-week periods ending December 31, 2019 and issued fiscal 2020 guidance.

Fiscal Fourth Quarter 2019 Highlights

System-wide comparable restaurant sales increased 0.4%; Company-operated comparable restaurant sales increased 0.4%. Company-operated comparable restaurant sales were comprised of average check growth of 4.1%,... More