Del Taco

Financing

Del Taco closes all but one of its Colorado locations

The franchisee of the Mexican fast-food chain’s 18 locations in Denver and Colorado Springs closed locations following a bankruptcy and a dispute with the franchisor.

Financing

Jack in the Box surprises, but Del Taco disappoints

The fast-food burger chain reported better-than-expected sales results last quarter, but its Mexican sister concept could not say the same thing.

Harris is leaving to take a position “outside of the restaurant industry.” CFO Lance Tucker was named interim principal executive officer.

California’s $20 fast-food wage is costing company restaurants $15 million, and franchisees a lot more. That’s putting a damper on some recent sales improvement.

Profitability for the burger chain and its sister concept, Del Taco, declined in the quarter, thanks to the state’s fast-food wage. But California was one of the company’s best sales markets.

Jordan Qsar, Grant Witherspoon, Chase Lambert and Austin Bernard were accused of trading stocks after learning that the Mexican restaurant chain would be sold to Jack in the Box.

The 600-unit taco chain began testing the technology from Presto in 2022 and said last year that it was exceeding expectations.

The burger chain believes it has room for a lot more locations that generate a lot more revenue. Here’s how the company plans to do that.

The burger chain says it expects to counter wage hikes in the state with a combination of price, margin and loyalty. But how will it affect transactions?

Behind the Menu: The Mexican chain developed shredded beef birria to launch in a traditional taco and quesadilla, but then chef Jeremias Aguayo gave it a decidedly Asian spin.

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