Del Taco

Financing

Minor league baseball players indicted for insider trading on the 2022 Del Taco sale

Jordan Qsar, Grant Witherspoon, Chase Lambert and Austin Bernard were accused of trading stocks after learning that the Mexican restaurant chain would be sold to Jack in the Box.

Technology

Del Taco ends use of drive-thru voicebots

The 600-unit taco chain began testing the technology from Presto in 2022 and said last year that it was exceeding expectations.

The burger chain believes it has room for a lot more locations that generate a lot more revenue. Here’s how the company plans to do that.

The burger chain says it expects to counter wage hikes in the state with a combination of price, margin and loyalty. But how will it affect transactions?

Behind the Menu: The Mexican chain developed shredded beef birria to launch in a traditional taco and quesadilla, but then chef Jeremias Aguayo gave it a decidedly Asian spin.

The chairman of Biglari Holdings, the owner of Steak n Shake, has acquired 5.5% of the shares in the fast-food chain operator. But the investment is passive, for now.

The 600-unit Mexican chain said the technology from Presto has exceeded expectations. It’s another step forward for restaurant automation.

Charges come while the quick-service chain is under a settlement agreement related to an earlier case to ensure workers are safe and have procedures for reporting inappropriate behavior.

The Bottom Line: Executives argued that “synergies” made the deal more palatable. But it’s taking a while for those cost savings to take hold. Investors have responded accordingly.

The company has hired the investment banking firm Cypress Group to market 300 Del Taco restaurants to franchisees.

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