Del Taco Restaurants Inc

Del Taco Restaurants Inc. is an American fast food restaurant chain headquartered in Lake Forest, California. The firm owns, operates, and franchises around 600 branded Del Taco venues across 16 states within the US, providing a range of American-style Mexican cuisine alongside typical North American options such as burgers, fries, and shakes. The company was established in 1964 when founders Ed Hackbarth and David Jameson opened the first ever Del Taco in Yermo, California, with a menu featuring 19 cent tacos. Rapid growth throughout the 1970s saw the Del Taco chain grow to 50 venues by 1977, and 100 in 1978. In the 1980s, the firm expanded quickly again with the acquisition of the Naugles restaurant chain. Many Del Taco restaurants are open 24 hours a day, 7 days a week, serving a broad customer base from shift workers to families. Del Taco offers franchising options throughout the United States, with a number of markets open for growth or ready for immediate development to potential franchisees. The firm trades on the NASDAQ, where it is listed, appropriately enough, under the stock ticker TACO. Get news and updates on the most recent price changes by adding TACO stock to your eToro watchlist.