Arcos Dorados Reports Second Quarter Financial Results
Arcos Dorados Holdings Inc. Class A Shares (ARCO)
Last arcos dorados holdings inc. class a shares earnings: 3/18 08:00 am
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US:NYSE Investor Relations:
arcosdorados.com/ir.html
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Source: Business Wire
Total revenues of $1.1 billion in the quarter, up 6.8% in US dollars versus the prior year period.Systemwide comparable sales¹ grew 40.8% year-over-year, including strong guest volume growth.Digital channels (Mobile App, Delivery and Self-order Kiosks) accounted for more than 57% of systemwide sales in the period, including 24% identified sales.Loyalty Program implemented in three markets, grew to 11.2 million registered members2.Consolidated Adjusted EBITDA¹ was $118.8 million, rising 7.9% year-over-year in US dollars.Net Income was $26.6 million in the second quarter, or $0.13 per share. MONTEVIDEO, Uruguay--(BUSINESS WIRE)--Arcos Dorados Holdings Inc. (NYSE: ARCO) (“Arcos Dorados” or the “Company”), Latin America and the Caribbean’s largest restaurant chain and the world’s largest independent McDonald’s franchisee, today reported unaudited results for the three and six months ended June 30, 2024.Second Quarter 2024 HighlightsConsolidated revenues totaled $1.1 billion, rising 6.8
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News
- Are Options Traders Betting on a Big Move in Arcos Dorados (ARCO) Stock? [Yahoo! Finance]Yahoo! Finance
- Arcos Dorados Holdings Inc. (NYSE: ARCO) had its price target lowered by analysts at JPMorgan Chase & Co. from $14.00 to $12.00. They now have an "overweight" rating on the stock.MarketBeat
- Is Arcos Dorados Holdings Inc. (NYSE:ARCO) Worth US$8.3 Based On Its Intrinsic Value? [Yahoo! Finance]Yahoo! Finance
- Q2 Earnings Recap: Arcos Dorados (NYSE:ARCO) Tops Traditional Fast Food Stocks [Yahoo! Finance]Yahoo! Finance
- New Strong Sell Stocks for September 5th [Yahoo! Finance]Yahoo! Finance
ARCO
Earnings
- 8/14/24 - In-Line
ARCO
Analyst Actions
- 9/13/24 - JP Morgan
ARCO
Sec Filings
- 8/30/24 - Form 144
- 8/14/24 - Form 6-K
- 8/14/24 - Form 6-K
- ARCO's page on the SEC website