Berto Acquisition Corp. (TACO) Q3 2021 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and thank you for standing by. Welcome to the Fiscal Third Quarter 2021 Conference Call and Webcast with Del Taco Restaurants, Inc. I would now like to turn the call over to Mr. Rafael Gross, Managing Director at ICR, to begin. Thank you. Good afternoon and welcome. On today's call are John Capasola, President and Chief Executive Officer, and Steve Brake, Chief Financial Officer. After we deliver our prepared remarks, we'll open the lines for your questions. But first, let me remind everyone that part of our discussion today will include forward-looking statements. These statements are not guarantees of future performance, and therefore, under reliance, should not be placed upon them. We do not undertake to update these forward-looking statements at a later date and refer you to today's earnings press release and our SEC filings for a more detailed discussion of the risks that could impact Del Taco's future operating results and financial condition. Today's earnings press release also includes non-GAAP financial measures, such as adjusted net income, adjusted EBITDA, and restaurant contribution, along with reconciliations of these non-GAAP measures to the nearest GAAP measures. However, non-GAAP financial measures should not be considered as alternatives to GAAP measures such as net income or loss, operating income or loss, net cash flows provided by operating activities, or any other gap measure of liquidity or financial performance. Let me now turn the call over to John Capusola, President and Chief Executive Officer. Thank you, Rafael, and hello, everyone. We appreciate you all joining us for today's call. I'm very proud of our teams who continue to drive strong restaurant-level execution in this difficult operating environment. Our third quarter performance...