What fiscal year did Del Taco operate on in fiscal year 2023?
Del_Taco Franchise · 2025 FDDAnswer from 2025 FDD Document
Fiscal year — The Company's fiscal year is the 52 or 53 weeks ending the Sunday closest to September 30. In fiscal 2023, Del Taco operated on a fiscal year ending the Tuesday closest to September 30. Beginning fiscal 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. Comparisons throughout these 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.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 58)
What This Means (2025 FDD)
According to the 2025 Del Taco Franchise Disclosure Document, in fiscal year 2023, Del Taco operated on a fiscal year ending the Tuesday closest to September 30. This differed from the parent company, Jack in the Box, whose fiscal year ended on the Sunday closest to September 30.
However, starting in fiscal year 2024, Del Taco's fiscal year shifted to align with Jack in the Box. As a result of this shift, Del Taco's fiscal 2024 results include two fewer days compared to previous years.
For prospective franchisees, this change in fiscal year reporting is important to note when reviewing and comparing Del Taco's financial performance across different periods. The FDD specifies that comparisons throughout the financial statement notes refer to the 52-week periods ended September 29, 2024, October 1, 2023, and October 2, 2022, for fiscal years 2024, 2023, and 2022, respectively.