v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jul. 05, 2026
Jul. 06, 2025
Jul. 05, 2026
Jul. 06, 2025
Revenues $ 257,657 $ 262,401 $ 861,438 $ 899,196
Operating costs and expenses, net:        
Food and packaging 28,246 26,949 94,866 88,076
Payroll and employee benefits 32,410 32,465 112,670 109,171
Occupancy and other 18,621 17,840 61,527 59,184
Franchise occupancy expenses 49,694 50,829 166,043 169,898
Franchise support and other costs 4,242 3,314 11,423 9,813
Franchise advertising and other services expenses 47,108 47,994 156,201 165,015
Selling, general and administrative expenses 17,041 20,577 80,480 89,954
Depreciation and amortization 10,478 8,671 35,068 29,197
Pre-opening costs 88 866 293 2,922
Other operating (income) expense, net (3,062) 4,531 7,991 8,838
Gains on the sale of company-operated restaurants (6) 0 (27) 0
Total operating costs and expenses 204,860 214,036 726,535 732,068
Earnings from operations 52,797 48,365 134,903 167,128
Other pension and post-retirement expenses, net 1,262 1,342 4,209 4,472
Interest expense, net 18,176 18,135 58,729 60,866
Earnings before income taxes 33,359 28,888 71,965 101,790
Income tax expense 12,318 6,049 23,994 27,256
Earnings from continuing operations 21,041 22,839 47,971 74,534
Losses from discontinued operations, net of taxes (919) (812) (20,062) (161,049)
Net earnings (loss) $ 20,122 $ 22,027 $ 27,909 $ (86,515)
Net earnings (loss) per share - basic:        
Earnings from continuing operations (in dollars per share) $ 1.09 $ 1.20 $ 2.49 $ 3.91
Net (loss) earnings per share (in dollars per share) 1.04 1.16 1.45 (4.54)
Net earnings (loss) per share - diluted:        
Earnings from continuing operations (in dollars per share) 1.08 1.19 2.48 3.89
Net (loss) earnings per share (in dollars per share) 1.03 1.15 1.44 (4.51)
Cash dividends declared per common share (in dollars per share) $ 0 $ 0 $ 0 $ 0.88
Discontinued Operations, Disposed of by Sale | Del Taco Holdings Inc.        
Operating costs and expenses, net:        
Losses from discontinued operations, net of taxes $ (919) $ (812) $ (20,062) $ (161,049)
Net earnings (loss) per share - basic:        
(Losses) earnings from discontinued operations (in dollars per share) $ (0.05) $ (0.04) $ (1.04) $ (8.45)
Net earnings (loss) per share - diluted:        
(Losses) earnings from discontinued operations (in dollars per share) $ (0.05) $ (0.04) $ (1.04) $ (8.40)
Company restaurant sales        
Revenues $ 96,268 $ 94,112 $ 322,871 $ 322,962
Franchise rental revenues        
Revenues 73,017 76,538 242,526 260,254
Franchise royalties and other        
Revenues 43,081 44,604 144,996 153,973
Franchise contributions for advertising and other services        
Revenues $ 45,291 $ 47,147 $ 151,045 $ 162,007