Del Taco

Jack in the Box Inc. Reports First Quarter 2024 Earnings

Retrieved on: 
Wednesday, February 21, 2024
Retail, Restaurant, Bar, Food, Beverage, GAAP, G&A, Del Taco, ID, Share repurchase, Earnings per share, COLI, Box, Bank

Operating Earnings Per Share(2), a non-GAAP measure, was $1.95 in the first quarter of fiscal 2024 compared with $2.01 in the prior year quarter.

Key Points: 
  • Operating Earnings Per Share(2), a non-GAAP measure, was $1.95 in the first quarter of fiscal 2024 compared with $2.01 in the prior year quarter.
  • Net earnings decreased to $38.7 million for the first quarter of fiscal 2024, compared with $53.3 million for the first quarter of fiscal 2023.
  • Adjusted EBITDA(3), a non-GAAP measure, was $101.8 million in the first quarter of fiscal 2024 compared with $108.6 million for the prior year quarter.
  • A replay of the call will be available through the Jack in the Box Inc. corporate website for 21 days.

Jack in the Box Completes Record-Setting Year, Signing 123 New Restaurant Commitments for Entry into Multiple New Markets

Retrieved on: 
Wednesday, November 22, 2023
Professional Services, Marketing, Retail, Communications, Restaurant, Bar, Small Business, Food, Beverage, Del Taco, Del, Explorer AUV, Box, Growth, News, QSR, Fast food

Jack in the Box Inc. (NASDAQ: JACK), one of the nation’s leading QSR brands, announced today that it signed 123 new restaurant commitments during its 2023 fiscal year.

Key Points: 
  • Jack in the Box Inc. (NASDAQ: JACK), one of the nation’s leading QSR brands, announced today that it signed 123 new restaurant commitments during its 2023 fiscal year.
  • The brand also announced the signing of 138 new restaurant commitments for Del Taco.
  • Jack in the Box continues its momentum in 2023 by announcing market entry into four new states: Arkansas, Florida, Montana, and Wyoming.
  • “The response in new markets, for both brands, has continued to exceed our expectations,” said Tim Linderman, chief development officer.

Del Taco Launches Shredded Beef Birria With a Quesadilla, Tacos and QSR First Birria Ramen

Retrieved on: 
Thursday, November 9, 2023
Online, QSR, Food, Cheese, Last meal, Crumble, Eating, MEX, Cookie butter, FREE, Free Food for Millionaires, Approximation, Del Taco, Spice, Fast food, Baking, Online shopping

Starting today, Del Taco guests can order the NEW Two Shredded Beef Birria Tacos with consomé dip, Shredded Beef Birria Quesadilla with consomé dip, and Shredded Beef Birria Ramen for a limited time at locations nationwide.

Key Points: 
  • Starting today, Del Taco guests can order the NEW Two Shredded Beef Birria Tacos with consomé dip, Shredded Beef Birria Quesadilla with consomé dip, and Shredded Beef Birria Ramen for a limited time at locations nationwide.
  • With this introduction, we will not only be the first major quick-service restaurant chain to offer ramen, overnight we will become the largest restaurant chain in the country to serve ramen.”
    Two Shredded Beef Birria Tacos with consomé dip ($8.59): Del Taco’s NEW Shredded Beef Birria tacos start with fresh house-grated cheddar cheese, melted between two fresh grilled corn tortillas, filled with tender and savory shredded beef birria, topped with diced onions and chopped cilantro.
  • Shredded Beef Birria Quesadilla with consomé dip ($6.79): Our NEW Shredded Beef Birria Quesadilla features savory shredded beef birria, fresh house-grated cheddar cheese and tangy green sauce folded into a flour tortilla and flat grilled to perfection.
  • Shredded Beef Birria Ramen ($5.79): Del Taco’s NEW Shredded Beef Birria Ramen is a hearty serving of our signature beef broth consomé with fresh wavy ramen noodles, tender and savory shredded beef birria topped with diced onions and chopped cilantro, and a fresh-cut lime wedge.

Del Taco Opens First Drive-Thru Only Location Utilizing New Fresh Flex Store Design

Retrieved on: 
Monday, August 28, 2023
Retail, Restaurant, Bar, Food, Beverage, Growth, Del, QSR, Fast food, Del Taco

Del Taco®, the nation’s second-largest Mexican quick-service restaurant by number of units, announced today the debut of its NEW “Fresh Flex” Drive-Thru Only location.

Key Points: 
  • Del Taco®, the nation’s second-largest Mexican quick-service restaurant by number of units, announced today the debut of its NEW “Fresh Flex” Drive-Thru Only location.
  • “Our Fresh Flex design offers a modern, sleek look that is aligned with our Del Taco® Better Mex® brand promise – better quality, better value,” said Tim Linderman, Chief Development Officer.
  • “The drive-thru-only Fresh Flex design delivers one of the most convenient QSR experiences anywhere.
  • This combination of fresh food, unbeatable convenience and best in class value truly delivers Del Taco® Better Mex®.”
    The Del Taco Fresh Flex store designs feature a “Menu of Venues” ranging from the drive-thru-only model to free standing, end cap and conversion locations, giving Del Taco franchisees maximum flexibility and options to expand the brand across the country.

Jack in the Box Opens Salt Lake City, its First New Market in over a Decade, with Record-Breaking First Month Sales

Retrieved on: 
Wednesday, August 9, 2023
Retail, Restaurant, Bar, Food, Beverage, Del Taco, QSR, History, Element, Box, Q3

Jack in the Box Inc. (NASDAQ: JACK), one of the nation’s leading QSR chains, announced record-breaking full-first-month sales in Salt Lake City, its first new market entry in over a decade.

Key Points: 
  • Jack in the Box Inc. (NASDAQ: JACK), one of the nation’s leading QSR chains, announced record-breaking full-first-month sales in Salt Lake City, its first new market entry in over a decade.
  • “This opening exceeded our expectations and displays the ability for Jack in the Box to succeed in new markets.
  • There was so much pent-up demand, our fans were willing to wait in the drive-thru lane for more than four hours.
  • On the heels of this opening, Jack in the Box will be introducing the first drive-thru / walk-up only CRAVED image in Ogden, UT this Fall.

Jack in the Box Inc. Reports Third Quarter 2023 Earnings

Retrieved on: 
Wednesday, August 9, 2023
Retail, Restaurant, Bar, Food, Beverage, Advertising, FY, G&A, GAAP, Earnings per share, ID, Sale, Share repurchase, EBITDA, Acquisition, Box, Depreciation, EPS, Del Taco, Video game, Life insurance, COLI

Operating Earnings Per Share(3), a non-GAAP measure, was $1.45 in the third quarter of fiscal 2023 compared with $1.38 in the prior year quarter.

Key Points: 
  • Operating Earnings Per Share(3), a non-GAAP measure, was $1.45 in the third quarter of fiscal 2023 compared with $1.38 in the prior year quarter.
  • Net earnings increased to $29.2 million for the third quarter of fiscal 2023, compared with $22.9 million for the third quarter of fiscal 2022.
  • Adjusted EBITDA(4), a non-GAAP measure, was $79.4 million in the third quarter of fiscal 2023 compared with $73.2 million for the prior year quarter.
  • The effective tax rate for the third quarter of fiscal year 2023 was 32.6% compared to 28.8% in the third quarter of fiscal year 2022.

Del Taco Opens Two New Locations in Sin City

Retrieved on: 
Monday, August 7, 2023
Heart, Circus Circus, Las Vegas Strip, Cheese, Appetite, Mexican, Excalibur, Del Taco, Circus Circus Las Vegas, Hotel

The two new locations mark the first Del Taco stores for the franchise group, Feel Good Brands, and the first time a Del Taco Fresh Flex layout will open in a casino setting.

Key Points: 
  • The two new locations mark the first Del Taco stores for the franchise group, Feel Good Brands, and the first time a Del Taco Fresh Flex layout will open in a casino setting.
  • “We are thrilled to bring the iconic Del Taco brand to the equally iconic Circus Circus and Excalibur Casinos.
  • The Circus Circus and Excalibur locations also serve breakfast items for the early risers.
  • For those interested in joining the Las Vegas Del Taco teams, the stores are hiring, and open positions can be found at https://deltaco.com/careers .

Del Taco Expands Footprint in Bradenton With New Fresh Flex Restaurant

Retrieved on: 
Wednesday, July 26, 2023
Del Taco, Cheese, Fast food

LAKE FOREST, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- Del Taco , the nation’s second largest Mexican quick service restaurant*, announced the opening of its newest Fresh Flex location at 5425 14th Street W., in Bradenton, Florida.

Key Points: 
  • LAKE FOREST, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- Del Taco , the nation’s second largest Mexican quick service restaurant*, announced the opening of its newest Fresh Flex location at 5425 14th Street W., in Bradenton, Florida.
  • The opening marks the second modernized Del Taco restaurant in Manatee County that offers diner-friendly features like dual drive-thru lanes and secure lockers for third-party to-go orders.
  • “Our first Fresh Flex location in Bradenton was such a hit in the local community that we wanted to expand Del Taco’s footprint and open a second restaurant to feed even more hungry diners,” said store operator Benny Rosales.
  • For those interested in joining the Bradenton Del Taco team, the store is hiring, and open positions can be found at https://deltaco.com/careers .

Del Taco Revamps Del Yeah!™ Rewards by Lowering Reward Point Thresholds and Adding New Branded Member Engagement Features

Retrieved on: 
Tuesday, July 18, 2023
Dark, Del Taco, New Day, Restaurant, Mexican, Inferno, Cryptocurrency, Natural rubber, Publishing, Mail order

LAKE FOREST, Calif., July 18, 2023 (GLOBE NEWSWIRE) -- Del Taco , the nation’s second-largest Mexican quick service restaurant*, has revamped its Del Yeah!™ Rewards program.

Key Points: 
  • LAKE FOREST, Calif., July 18, 2023 (GLOBE NEWSWIRE) -- Del Taco , the nation’s second-largest Mexican quick service restaurant*, has revamped its Del Yeah!™ Rewards program.
  • Depending on the rewards tier they are in, Del Yeah!™ Rewards members earn 8-12 points per dollar spent.
  • Del Taco is also taking the classic frequency punch card and turning it digital in the Del Yeah!™ Rewards App.
  • Rewards.

Del Taco Continues Florida Expansion With New Panhandle Location in Santa Rosa Beach

Retrieved on: 
Tuesday, June 20, 2023
Hearing, Del, Del Taco, QSR, Cheese, Drink, Queso blanco, MEX, ROSA, Amusement park, Mexican

SANTA ROSA BEACH, Fla., June 20, 2023 (GLOBE NEWSWIRE) -- Del Taco , the nation’s second-largest Mexican quick service restaurant*, is announcing today the opening of its newest location in Santa Rosa Beach at 3582 W. US Highway 98.

Key Points: 
  • SANTA ROSA BEACH, Fla., June 20, 2023 (GLOBE NEWSWIRE) -- Del Taco , the nation’s second-largest Mexican quick service restaurant*, is announcing today the opening of its newest location in Santa Rosa Beach at 3582 W. US Highway 98.
  • The Santa Rosa Beach restaurant is a “Fresh Flex” format, which embodies a bold visual expression of Del Taco’s fresh values.
  • “It’s an honor to bring the first Del Taco location to the Florida panhandle, a popular beach destination visited by many each year,” said a spokesperson for Consolidated Taco Holdings.
  • For those interested in joining the Santa Rosa Beach Del Taco team, positions are listed at https://deltaco.com/careers .