Categories Earnings, Retail

Del Taco Restaurants (TACO): Q3 2019 Earnings Snapshot

— Del Taco Restaurants, Inc. (NASDAQ: TACO) reported Q3 2019 earnings of $0.10 per share, vs. $0.14 per share expected.

— Revenues grew 2% to $120.2 million, vs. $119.2 million expected.

— System-wide comparable restaurant sales increased 1%.

— Company-operated restaurant sales rose 1.4% to $111.1 million.

— There were two company-operated restaurant openings, two franchised restaurant openings, and one company-operated restaurant closure.

— For FY19, total revenue is expected to be $512 million to $515 million.  

— FY19 adjusted EPS is expected to be approx. $0.44-0.47.

— FY19 system-wide comparable restaurant sales growth is expected to be approx. 1%.

— Shares fell 9% following the announcement.

Get access to timely and accurate verbatim transcripts that are published within hours of the event.

Also Read:  Tesla (TSLA) stock gains after Q3 results beat Street view

Most Popular

Infographic: Seagate Technology (STX) Q1 earnings drop but beat view

Seagate Technology plc (NASDAQ: STX), a leading provider of data storage solutions, Thursday said its earnings declined in the first quarter of 2021, owing to a 10% fall in revenues.

INTC Earnings: All you need to know about Intel Q3 2020 earnings results

Intel Corporation (NASDAQ: INTC) reported third quarter 2020 earnings results today. Revenue fell 4% year-over-year to $18.3 billion. GAAP net income decreased 29% to $4.3 billion while EPS dropped 25%

AT&T (T) Earnings: Key financials and quarterly highlights

AT&T Inc. (NYSE: T) today reported its third quarter financial results for the period ended September 30, 2020. Net income for the third quarter was $2.8 billion, or $0.39 per

Top