Inactive Instrument

Del Taco Restaurants, Inc.

TACO

US2454961044

Del Taco: Q3 Earnings Snapshot

October 14, 2021 at 04:18 pm EDT

LAKE FOREST, Calif. (AP) _ Del Taco Restaurants Inc. (TACO) on Thursday reported third-quarter net income of $3.8 million.

On a per-share basis, the Lake Forest, California-based company said it had net income of 10 cents. Earnings, adjusted for one-time gains and costs, came to 11 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share.

The restaurant chain posted revenue of $124.3 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $124.9 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TACO at https://www.zacks.com/ap/TACO

Latest news about Del Taco Restaurants, Inc.

Del Taco Introduces Introduces 2 for $3 Crispy Chicken Tacos and Egg & Cheese Breakfast Rollers	Mar. 28	CI
Del Taco Launches Shredded Beef Birria with a Quesadilla, Tacos and QSR First Birria Ramen	Nov. 09	CI
Del Taco Introduces New Freshly Grilled Chicken Taco Packs Starting at $5	23-07-13	CI
Del Taco Announces Opening of New Panhandle Location in Santa Rosa Beach	23-06-20	CI
Del Taco Restaurants, Inc. Signs Two New Florida Deals	22-12-15	CI
Del Taco Opens New Location in Florida At 5610 W. Manatee Avenue, in Bradenton, Florida	22-11-22	CI
Del Taco Continues Expansion in the Southeast with Plans to Enter Mississippi Market	22-06-21	CI
Del Taco Restaurants, Inc. Continues Growth in the Southwest with New Location in Arizona	22-04-21	CI
Del Taco Restaurants, Inc. Appoints Tim Mullany as Chief Financial Officer	22-03-08	CI
Del Taco Restaurants, Inc. Announces Management Changes	22-03-08	CI
Tranche Update on Del Taco Restaurants, Inc.'s Equity Buyback Plan announced on March 7, 2016.	22-03-08	CI
Del Taco Restaurants, Inc.(NasdaqCM:TACO) dropped from NASDAQ Composite Index	22-03-08	CI
Del Taco Restaurants, Inc.(NasdaqCM:TACO) dropped from S&P TMI Index	22-03-08	CI
Del Taco Restaurants, Inc.(NasdaqCM:TACO) dropped from S&P Global BMI Index	22-03-08	CI
Jack in the Box Inc. completed the acquisition of Del Taco Restaurants, Inc. from a group of shareholders.	22-03-07	CI
Jack in the Box to Reflect Omicron-Related Headwinds in First-Quarter Results, Oppenheimer Says	22-02-17	MT
Top Premarket Gainers	22-02-11	MT
Del Taco Restaurants, Inc. Opens First Fresh Flex Prototype in Florida	22-01-19	CI
Del Taco Restaurants, Inc. Authorizes Quarterly Cash Dividend, Payable on February 22, 2022	22-01-11	CI
Del Taco Launches “20 Under $2” Value + Variety Menu	22-01-05	CI
Del Taco Restaurants, Inc. Modernized Restaurant Design Opens in Orlando	21-12-13	CI
Del Taco Centerville Location Announces Re-Opening with Free Tacos, Swag and More	21-12-09	CI
Jack in the Box's Acquisition of Del Taco Restaurants 'Makes Far More Sense' Than 2003 Qdoba Deal, Oppenheimer Says	21-12-07	MT
MarketScreener's World Press Review - December 7, 2021	21-12-07
Jefferies Downgrades Del Taco Restaurants to Hold From Buy, Adjusts Price Target to $12.51 From $14	21-12-07	MT

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Del Taco Restaurants is an operator and franchisor of restaurants featuring made-to-order cuisine, including both Mexican inspired and American classic dishes. The Company develops, franchises, owns and operates Del Taco quick-service Mexican American restaurants. The Company has approximately 294 company-operated and 299 franchise-operated Del Taco restaurants located in 15 states, including one franchise-operated unit in Guam. The Company serves food typical of fast casual restaurants but with the speed, convenience and value associated with traditional quick service restaurants (QSRs). With attributes of both a fast casual restaurant and a QSR, a combination it calls QSR+. Its food is prepared in working kitchens where its guests see cooks grilling marinated chicken and steak, chopping tomatoes and cilantro for salsa, grating cheddar cheese, slicing avocados and slow cooking whole pinto beans.

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Restaurants & Bars

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Sector Quick Service Restaurants

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CHIPOTLE MEXICAN GRILL, INC.	+39.35%	85.48B
YUM! BRANDS, INC.	+8.50%	39.83B
RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP	-5.41%	23.94B
RESTAURANT BRANDS INTERNATIONAL INC.	-5.52%	22.9B
DOMINO'S PIZZA INC.	+21.07%	17.23B
YUM CHINA HOLDINGS, INC.	-6.55%	15.25B
WINGSTOP INC.	+49.10%	10.86B
AMERICANA RESTAURANTS INTERNATIONAL PLC	+4.47%	7.45B
MCDONALD'S HOLDINGS COMPANY (JAPAN), LTD.	+12.44%	5.86B

Quick Service Restaurants