— Del Taco Restaurants (NASDAQ: TACO) reported Q4 2019 adjusted earnings of $0.18 per share vs. $0.17 per share expected.
— Revenue edged down 0.1% to $157.1 million vs. $157.32 million expected.
— System-wide comparable restaurant sales increased 0.4%.
— During Q4, Del Taco had 13 system-wide openings, including 7 company-operated and 6 franchised restaurants, as well as one company-operated and two franchise closures.
— For fiscal 2020, Del Taco expects adjusted EPS to be between $0.35 and $0.40.
— Company-operated restaurant sales pegged in the range of $459 million to $469 million and system-wide comparable restaurant sales growth eyed at low single digits for FY20.
— FY20 revenue is targeted to be between $503 million and $513 million.
— TACO stock plunged to a new 52-week low ($4.67) during today’s regular trading session and ended down 10.4% at $4.74.
Micron Technology Inc. (NASDAQ: MU) reported third quarter 2022 earnings results today. Revenue increased 16% year-over-year to $8.64 billion. GAAP net income was $2.63 billion, or $2.34 per share, compared
Shares of Constellation Brands Inc. (NYSE: STZ) were down 4% on Thursday despite the company beating expectations on its first quarter 2023 earnings results. The stock has dropped 7% year-to-date.
Constellation Brands, Inc. (NYSE: STZ) reported first quarter 2023 earnings results today. Net sales increased 17% year-over-year to $2.3 billion. Net income attributable to CBI was $390 million, or $2.06