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Del Taco sees success in Q1

Del Taco Holdings Inc., a Mexican-American QSR chain, announced financial results for its 12-week fiscal first quarter ended March 24, 2015.

May 11, 2015

Del Taco Holdings Inc., a Mexican-American QSR chain, announced financial results for its 12-week fiscal first quarter ended March 24, 2015.

The company reported total revenue of $94.4 million, an 8.9 percent growth from Q1 2014. Comparable system-wide restaurant sales growth came in at 7.7 percent, with company-owned comparable restaurant sales growth of 7.9 percent, marking the sixth and eleventh consecutive quarter of gains, respectively.

Del Taco's adjusted EBITDA totaled $13.2 million, a 12.7 percent growth from a year ago, with income from operations at $8.7 million, a 33.6 percent growth from the same fiscal quarter last year.

President and Chief Executive Officer of Del Taco Paul J.B. Murphy III said in a statement, "We attribute our success to our Combined Solutions strategy, the brand elevation strategy that we put into place in 2013 which is designed to highlight our QSR+ positioning and achieve reappraisal of the brand at every touch point. We believe that we are in the early innings of this transformation as Combined Solutions continues to gain traction and drive results."