Del Taco Restaurants, Inc. - TACO STOCK NEWS

Del Taco Restaurants, Inc. (NASDAQ: TACO) has launched an updated seasonal menu featuring its Crispy Jumbo Shrimp and Crispy Fish options. New items include the Honey Mango Crispy Jumbo Shrimp Taco and Epic Crispy Fish & Guac Burrito. Special offers this February include free tacos with a purchase and buy one, get one free deals on shrimp burritos. The company aims to attract seafood enthusiasts during Lent while enhancing customer experience with flavorful new options.

Del Taco (NASDAQ: TACO) reported preliminary unaudited sales results for Q4 and fiscal year 2020, indicating a 3.8% increase in system-wide comparable restaurant sales for Q4 and a total revenue of $156.1 million, slightly down by 0.6% year-over-year. The fiscal year saw total revenue of $491.3 million, a 4.2% decrease. The company has also initiated a quarterly cash dividend of $0.04 per share, aimed at enhancing shareholder value. Efforts to reduce debt resulted in a $36.7 million decrease, with ongoing growth plans through a new restaurant prototype and franchising efforts.

Del Taco Restaurants (NASDAQ: TACO) has launched a new Honey Mango Crispy Chicken menu, offering three items: the $1 Honey Mango Crispy Chicken Taco, the $4 Honey Mango 3 PC. Crispy Chicken & Churros Box, and the $5 Epic Honey Mango Crispy Chicken & Bacon Burrito. This initiative aims to enhance the brand's appeal in the competitive fast-food sector, leveraging a nostalgic sweet and sour flavor. To promote these items, Del Taco will feature the musical group CRYS*P BOYZ and their new song on social media, reinforcing its connection with consumers.

Del Taco, a recognized Mexican-American fast-food brand, has launched its new store prototype named "Fresh Flex" aimed at enhancing customer experience and operational efficiency. This modernized design includes improved accessibility, multiple service options like drive-thru lanes for mobile orders, and transparent kitchens showcasing fresh ingredients. The adaptable prototype allows flexibility for real estate opportunities ranging from 1,200 to 2,400 square feet, supporting Del Taco’s growth strategy and appealing to multi-unit franchise operators. With approximately 600 locations nationwide, Del Taco continues to focus on quality and value.

Del Taco Restaurants, Inc. (NASDAQ: TACO) announced that CEO John D. Cappasola, Jr. and CFO Steven L. Brake will participate in a virtual fireside chat at the 23rd Annual ICR Conference on January 12, 2021, at 12:30 PM ET. This event will be webcast live and later archived on www.deltaco.com and the ICR conference website at www.icrconference.com. Del Taco, founded in 1964, serves over three million guests weekly with a menu combining Mexican and American flavors, prepared from fresh ingredients.

Del Taco (NASDAQ: TACO) launches its festive menu, Happy Tamaledays, featuring seasoned, shredded pork tamales starting November 19, 2020. Customers can enjoy two tamales for $4, as well as various smothered options, including Cholula Smothered Tamales. A Tamale Fiesta Pack, containing 12 tamales, is also available. Del Taco aims to spread holiday cheer by gifting free tamales to essential workers throughout December. Additionally, exclusive tamale offers will be available through the Del Taco app every Friday in December.

Del Taco Restaurants, Inc. (TACO) reported fiscal Q3 2020 results, highlighting a 0.5% increase in total revenue to $120.8 million. Comparable restaurant sales rose 4.1% system-wide, with a 2.0% increase at company-operated locations and a 6.5% increase at franchised sites. The net income reached $5.8 million or $0.15 per diluted share, recovering from a net loss of $7.7 million in the previous year. Adjusted net income also improved to $6.0 million. The company reduced its outstanding revolving credit to $124 million, with a focus on operational efficiencies and ongoing innovation.

Del Taco (NASDAQ: TACO) is launching new menu items featuring Cholula Hot Sauce, including the $1 Crispy Chicken Cholula Taco and $5 Epic Cholula Crispy Chicken Burrito, available starting October 8. The introduction follows strong customer demand for their crispy chicken offerings. Del Taco aims to enhance flavor options through this collaboration, emphasizing Cholula’s popularity. Other new items include Cholula Loaded Fries and Cholula Breakfast Rollers. They are also hosting Tacoberfest, offering free menu items via the Del Taco app during October weekends.

Del Taco Restaurants, Inc. (NASDAQ: TACO) will announce its fiscal third quarter 2020 financial results on October 15, 2020, after market close. A conference call and webcast will follow at 4:30 p.m. ET, hosted by CEO John D. Cappasola, Jr. and CFO Steven L. Brake. Del Taco, the second largest Mexican-American quick service restaurant chain in the U.S., serves over three million guests weekly across 600 locations. The company emphasizes fresh, quality ingredients in its menu items. For more details, visit www.deltaco.com.