What is the reporting period covered by the Del Taco financial statements?
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 document specifies that both fiscal years 2025 and 2024 include 52 weeks.
For the first quarter, the financial statements cover a 16-week period, while all other quarters consist of 12 weeks. The document clarifies that comparisons between 2025 and 2024 refer to the 16 weeks ended January 19, 2025, and January 21, 2024, respectively, unless stated otherwise.
Prospective franchisees should be aware that the financial data presented in the FDD is based on this specific fiscal year definition. Understanding the reporting periods is crucial for interpreting the financial performance of Del Taco and comparing it with previous years or other franchises. This also means that interim results may not directly translate to full-year performance due to the varying lengths of the quarters.