What period do Del Taco's financial statements cover?
Del_Taco Franchise · 2025 FDDAnswer from 2025 FDD Document
Fiscal year — The Company's fiscal year is 52 or 53 weeks ending the Sunday closest to September 30. Both fiscal years 2025 and 2024 include 52 weeks. Our first quarter includes 16 weeks and all other quarters include 12 weeks. All comparisons between 2025 and 2024 refer to the 16 weeks ("quarter") and 16 weeks ("year-to-date") ended January 19, 2025 and January 21, 2024, respectively, unless otherwise indicated.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 58)
What This Means (2025 FDD)
According to Del Taco's 2025 Franchise Disclosure Document, the company's fiscal year consists of 52 or 53 weeks, ending on the Sunday closest to September 30. The FDD specifies that both fiscal years 2025 and 2024 include 52 weeks.
Del Taco's first quarter includes 16 weeks, while all other quarters consist of 12 weeks. The document states that comparisons between 2025 and 2024 refer to the 16 weeks (quarter) and 16 weeks (year-to-date) ended January 19, 2025, and January 21, 2024, respectively, unless otherwise indicated.
Prospective franchisees should note that the financial data presented in the FDD is based on this fiscal year definition. Understanding the specific periods covered by the financial statements is crucial for analyzing Del Taco's performance and making informed investment decisions. This also means that when reviewing Del Taco's financial performance, it is important to consider that the first quarter is longer than the subsequent three quarters.