Del Taco Restaurants Inc


TACO

Price

8.67


Change

-0.71


High

9.24


Low

8.64


Avg Volume

233,737


PE Ratio

14.71


52 Week High

11.89


52 Week Low

7.14



Profile

Del Taco Restaurants Inc. is an American fast food restaurant chain which specializes in American-style Mexican cuisine as well as American foods such as burgers, fries, and shakes. Del Taco is led by CEO John D. Cappasola, Jr., and is headquartered in Lake Forest, California. The first Del Taco restaurant was opened by Ed Hackbarth and David Jameson in Yermo, California, on September 16, 1964 under the name "Casa Del Taco." On the first day of business, Del Taco made $169. Success of the first restaurant led to two in Barstow, one in Needles, and a fifth restaurant in Corona . Dick Naugle, who installed the kitchen equipment in the Corona store, was impressed by the design and joined Hackbarth and Jameson in the fledgling business. In 1966, the trio founded Red-E-Food Systems, Inc., with the idea of franchising the Del Taco brand. That same year, the original Del Taco sun logo was created. In 1967, Del Taco introduced their bean and cheese burrito with green or red sauce.


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