Del Taco Restaurants, Inc. Announces Preliminary Unaudited Fiscal Fourth Quarter and Fiscal Year 2020 Sales Results - Seite 2

Fiscal Fourth Quarter 2020 Sales Highlights

• System-wide comparable restaurant sales increased 3.8%;
  • Company-operated comparable restaurant sales increased 0.6%;
  • Franchised comparable restaurant sales increased 7.5%;
• Total revenue of $156.1 million, representing a 0.6% decline from the fiscal fourth quarter 2019;
• Company-operated restaurant sales of $141.7 million, representing a 2.2% decline from the fiscal fourth quarter 2019 primarily due to fewer company-operated restaurants open during 2020 compared to 2019 due to our refranchising activity; and
• Company-operated comparable restaurant sales within Los Angeles, Orange and Clark (Las Vegas) counties representing approximately half of company-operated restaurants were notably negative, while all other company-operated counties had positive comparable restaurant sales.

Fiscal Year 2020 Sales Highlights

• System-wide comparable restaurant sales decreased 0.9%;
  • Company-operated comparable restaurant sales decreased 2.9%;
  • Franchised comparable restaurant sales increased 1.4%;
• Total revenue of $491.3 million, representing a 4.2% decrease from the fiscal year 2019; and
• Company-operated restaurant sales of $446.8 million, representing a 5.7% decline from the fiscal year 2019 in part due to fewer company-operated restaurants open during 2020 compared to 2019 due to our refranchising activity.

The expected sales results are preliminary and unaudited, have not been reviewed by the Company’s independent registered public accountants, and remain subject to the completion of normal quarter-end accounting procedures and adjustments and are subject to change. The Company expects to release financial and operating results for its fiscal fourth quarter and fiscal year ended December 29, 2020 during March 2021.

New “Fresh Flex” Prototype

Last week, the Company debuted its highly anticipated store prototype that reconceptualizes the restaurant inside and out through striking exteriors and distinctive interiors to evoke the brand’s contemporized feel. In addition, the flexible new design expands real estate opportunities to help lower net investment costs, provides ultimate convenience for guests and optimizes operational efficiencies. For a 360-degree, animated fly-through of the “Fresh Flex” design, click here: http://www.deltacofranchise.com/freshflex