What are the date ranges covered in the Del Taco financial statement table?

According to Del Taco's 2025 Franchise Disclosure Document, the company's fiscal year is the 52 or 53 weeks ending the Sunday closest to September 30. For fiscal year 2023, Del Taco operated on a fiscal year ending the Tuesday closest to September 30. Beginning fiscal year 2024, Del Taco's fiscal year shifted to align with Jack in the Box. As a result, Del Taco's fiscal 2024 results include two fewer days. The document states that comparisons throughout the notes to the consolidated financial statements refer to the 52-week periods ended September 29, 2024, October 1, 2023, and October 2, 2022 for fiscal years 2024, 2023, and 2022.

For a prospective franchisee, this means that the financial statements included in the FDD will provide a view into Del Taco's financial performance over the past three fiscal years, with specific end dates in late September or early October. Understanding the consistency (or changes) in fiscal year-end definitions is important for accurately comparing year-over-year financial data. The change in Del Taco's fiscal year-end to align with Jack in the Box beginning in 2024 could impact the comparability of financial results, as noted in the FDD.

It is important to note that the financial results presented for Del Taco also reflect the acquisition by Jack in the Box Inc. on March 8, 2022. The pro forma financial information includes adjustments to reflect the business combination accounting effects resulting from this acquisition. This includes adjustments such as additional amortization expense from acquired intangibles, incremental depreciation expense, and elimination of historical interest expense. Therefore, prospective franchisees should consider these factors when reviewing and analyzing the financial statements.