Del Taco launches value menu, “20 Under $2”

Del Taco Restaurants Inc. TACO, +0.40% launched its new value menu of food and beverages, “20 Under $2” on Wednesday. The menu includes new items like the Chipotle Chicken Taco, Snack Queso Quesadilla and Strawberry Sprite. “We know our guests are concerned about rising gasoline prices and overall inflation, and that’s why we think this is the right menu at the right time,” said Tim Hackbardt, Del Taco’s chief marketing officer, in a statement. The quick-service chain has also introduced two breakfast tacos, Hashbrowns, Egg & Cheese Stuffed Quesadilla Breakfast Taco and Hashbrowns & Bacon Stuffed Quesadilla Breakfast Taco along with two new mint shakes. Del Taco stock has run up 33.7% for the past year, outpacing the S&P 500 index SPX, -1.94%, which is up 27.6% for the period.