Earnings release
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DELTACO NEWS RELEASE Del Taco Restaurants , Inc. Reports Fiscal Third Quarter 2021 Financial Results 10/14/2021 Signs Seven Franchise Development Agreements Year to Date for 53 New Del Taco Restaurants from Coast to Coast Launches New Multi - Experience and Multi - Tiered Del Yeah ! TM Rewards App LAKE FOREST , Calif .-- ( BUSINESS WIRE ) -- Del Taco Restaurants , Inc. ( " Del Taco " or the " Company " ) , ( NASDAQ : TACO ) , the second largest Mexican - American quick service restaurant chain by units in the United States , today reported fiscal third quarter 2021 financial results for the 12 - week period ended September 7 , 2021 . Management Commentary John D. Cappasola , Jr. , President and Chief Executive Officer of Del Taco , commented , " We have made significant progress in signing new franchise development agreements , having signed a total of seven so far this year , including four since July , for a total of 53 new future Del Taco restaurant commitments across six states from coast to coast . Accelerating franchise development with experienced operators looking to diversify their portfolios through our unique QSR + positioning is a critical part of our growth and these new agreements further support our stated goal of 5 % system - wide new unit growth led by franchising beginning in 2023. " Cappasola continued , " We are pleased with our positive third quarter comparable restaurant sales as we lapped strong performance driven by our very successful launch of Crispy Chicken , as well as our momentum thus far in the fourth quarter . Notable product innovation during the third quarter included new Double Cheese Breakfast Tacos and new Stuffed Quesadilla Tacos , and we plan to follow these introductions with the return of our seasonal , limited - time Tamales menu beginning in November . " 1