Welcome to our dedicated page for Berto Acquisition news (Ticker: TACO), a resource for investors and traders seeking the latest updates and insights on Berto Acquisition stock.
Berto Acquisition Corp. (NASDAQ: TACO) generates news primarily through its activities as a special purpose acquisition company. Public updates focus on its efforts to identify and negotiate a potential business combination with an operating business, as well as related regulatory and shareholder communications. Because Berto is a blank check company, news items often center on transaction milestones rather than ongoing operating results.
A key recent development disclosed in both a Form 8-K and a joint press release is Berto’s non-binding letter of intent with OnMed LLC, a developer of healthcare infrastructure solutions. The announcement describes a potential business combination between Berto and OnMed and notes that the combined company is expected to be publicly listed if a definitive agreement is executed and the transaction is completed. The same disclosures emphasize that the letter of intent is non-binding and that there can be no assurances a definitive agreement will be reached or that any transaction will close.
News related to Berto often includes details about regulatory steps, such as the potential preparation of a registration statement and proxy statement/prospectus if a definitive agreement is signed. Coverage may also highlight information about how any proposed transaction would be presented to shareholders, what approvals are required, and how forward-looking statements are framed in accordance with securities laws.
For investors and observers tracking TACO news, this page provides a centralized view of company-issued announcements and SEC-referenced press releases. It is particularly useful for monitoring progress on the non-binding letter of intent with OnMed and for seeing how Berto communicates transaction terms, conditions, and risks over time.
Del Taco (NASDAQ: TACO) will announce its fiscal fourth quarter and full year 2020 financial results on March 8, 2021, post-market. A conference call will take place at 4:30 p.m. ET, hosted by CEO John D. Cappasola, Jr., and CFO Steven L. Brake. Interested listeners can access the call via telephone or webcast, with replay options available. With approximately 600 restaurants across 16 states, Del Taco caters to over three million weekly guests, offering a blend of Mexican and American cuisine prepared with quality ingredients.
Del Taco (NASDAQ: TACO) announces the opening of its tenth location in Bakersfield, California, located at 11409 Stockdale Highway. The new restaurant aims to serve fresh Mexican cuisine and features a late-night service option. Customers can enjoy signature dishes made with quality ingredients and a special limited-time menu item, Honey Mango Crispy options. Del Taco also offers value deals through its Del’$ Dollar Deal$ Menu®, as well as opportunities for local employment. The brand continues to expand, currently serving over three million guests weekly across approximately 600 locations.
Del Taco Restaurants, Inc. (NASDAQ: TACO) has launched an updated seasonal menu featuring its Crispy Jumbo Shrimp and Crispy Fish options. New items include the Honey Mango Crispy Jumbo Shrimp Taco and Epic Crispy Fish & Guac Burrito. Special offers this February include free tacos with a purchase and buy one, get one free deals on shrimp burritos. The company aims to attract seafood enthusiasts during Lent while enhancing customer experience with flavorful new options.
Del Taco (NASDAQ: TACO) reported preliminary unaudited sales results for Q4 and fiscal year 2020, indicating a 3.8% increase in system-wide comparable restaurant sales for Q4 and a total revenue of $156.1 million, slightly down by 0.6% year-over-year. The fiscal year saw total revenue of $491.3 million, a 4.2% decrease. The company has also initiated a quarterly cash dividend of $0.04 per share, aimed at enhancing shareholder value. Efforts to reduce debt resulted in a $36.7 million decrease, with ongoing growth plans through a new restaurant prototype and franchising efforts.
Del Taco Restaurants (NASDAQ: TACO) has launched a new Honey Mango Crispy Chicken menu, offering three items: the $1 Honey Mango Crispy Chicken Taco, the $4 Honey Mango 3 PC. Crispy Chicken & Churros Box, and the $5 Epic Honey Mango Crispy Chicken & Bacon Burrito. This initiative aims to enhance the brand's appeal in the competitive fast-food sector, leveraging a nostalgic sweet and sour flavor. To promote these items, Del Taco will feature the musical group CRYS*P BOYZ and their new song on social media, reinforcing its connection with consumers.
Del Taco, a recognized Mexican-American fast-food brand, has launched its new store prototype named "Fresh Flex" aimed at enhancing customer experience and operational efficiency. This modernized design includes improved accessibility, multiple service options like drive-thru lanes for mobile orders, and transparent kitchens showcasing fresh ingredients. The adaptable prototype allows flexibility for real estate opportunities ranging from 1,200 to 2,400 square feet, supporting Del Taco’s growth strategy and appealing to multi-unit franchise operators. With approximately 600 locations nationwide, Del Taco continues to focus on quality and value.
Del Taco Restaurants, Inc. (NASDAQ: TACO) announced that CEO John D. Cappasola, Jr. and CFO Steven L. Brake will participate in a virtual fireside chat at the 23rd Annual ICR Conference on January 12, 2021, at 12:30 PM ET. This event will be webcast live and later archived on www.deltaco.com and the ICR conference website at www.icrconference.com. Del Taco, founded in 1964, serves over three million guests weekly with a menu combining Mexican and American flavors, prepared from fresh ingredients.
Del Taco (NASDAQ: TACO) launches its festive menu, Happy Tamaledays, featuring seasoned, shredded pork tamales starting November 19, 2020. Customers can enjoy two tamales for $4, as well as various smothered options, including Cholula Smothered Tamales. A Tamale Fiesta Pack, containing 12 tamales, is also available. Del Taco aims to spread holiday cheer by gifting free tamales to essential workers throughout December. Additionally, exclusive tamale offers will be available through the Del Taco app every Friday in December.
Del Taco Restaurants, Inc. (TACO) reported fiscal Q3 2020 results, highlighting a 0.5% increase in total revenue to $120.8 million. Comparable restaurant sales rose 4.1% system-wide, with a 2.0% increase at company-operated locations and a 6.5% increase at franchised sites. The net income reached $5.8 million or $0.15 per diluted share, recovering from a net loss of $7.7 million in the previous year. Adjusted net income also improved to $6.0 million. The company reduced its outstanding revolving credit to $124 million, with a focus on operational efficiencies and ongoing innovation.
Del Taco (NASDAQ: TACO) is launching new menu items featuring Cholula Hot Sauce, including the $1 Crispy Chicken Cholula Taco and $5 Epic Cholula Crispy Chicken Burrito, available starting October 8. The introduction follows strong customer demand for their crispy chicken offerings. Del Taco aims to enhance flavor options through this collaboration, emphasizing Cholula’s popularity. Other new items include Cholula Loaded Fries and Cholula Breakfast Rollers. They are also hosting Tacoberfest, offering free menu items via the Del Taco app during October weekends.
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