Del Frisco’s Still Backs Barteca Acquisition as Overall Traffic Declines
Photo Caption: Tacos and sides from Bartaco, the Barteca brand that was acquired by Del Frisco's in May 2018. Manny Vargas
Skift Take
Del Frisco's earnings reveal that its own brands are the real concern, not the Barteca deal investors were worried about.
Del Frisco’s is having trouble attracting customers to its restaurants, bringing to light concerns over the restaurant group’s decision to rapidly grow its recently acquired Barteca brands, Bartaco and Barcelona Wine Bar.
Same-store sales marginally grew 0.1 percent in the fourth quarter compared to last year, according to company earnings released Tuesday. Sales were impacted by a decrease in the number of guests, as the group’s long-time brands Double Eagle and Del Frisco’s Grille reported a significant decline of 2.6 percent and 7.6 percent, respectively. Foot traffic growth at Bartaco and Barcelona Wine Bar r
