Del Taco Restaurants, Inc. (TACO) Q1 2019 Earnings Call Transcript
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Del Taco Restaurants, Inc. (NASDAQ: TACO)
Q1 2019 Earnings Call
May. 06, 2019, 4:30 p.m. ET

Contents:

  • Prepared Remarks

  • Questions and Answers

  • Call Participants

Prepared Remarks:

Operator

Thank you for standing by and welcome to the First Fiscal Year Quarter 2019 Conference Call and Webcast for Del Taco Restaurants, Inc. I would now like to turn the call over to Mr. Steven Brake, Executive Vice President and Chief Financial Officer, to begin.

Steven Brake -- Executive Vice President and Chief Financial Officer

Thank you, operator, and thank you all for joining us today. On the call with me is John Cappasola, President and Chief Executive Officer. After we deliver our prepared remarks, we will open the lines for your questions.

Before we begin, I would like to remind everyone that part of our discussion today will include some forward looking statements. These statements are not guarantees of future performance, and therefore undue 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 the SEC filings filed by Del Taco Restaurants, Inc. for a more detailed discussion of the risks that could impact future operating results and financial conditions.

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Today's earnings press release also includes non-GAAP financial measures such as adjusted net income, adjusted EBITDA, and restaurant contribution. Non-GAAP financial measures should not be considered as alternatives to GAAP measures such as net income, operating income, net cash flows provided by operating activities, or any other GAAP measures of liquidity or financial performance. We refer you to today's earnings press release, which includes a reconciliation of the non-GAAP measures to the nearest GAAP measures.

I would now like to turn the call over to John Cappasola, Chief Executive Officer.

John Cappasola -- President and Chief Executive Officer

Thank you, Steve. We appreciate everyone joining us on the call today.

Although our quarterly results were negatively impacted by unfavorable weather in California and throughout the West as well as the anticipated three-week shift of the Latin season, we are encouraged by our recent second quarter trends, which I will cover in a moment, and we are reaffirming our full-year guidance.