Arcos Dorados Holdings Inc. (ARCO) is scheduled to report second-quarter 2024 results on Aug 14.Q2 EstimatesThe Zacks Consensus Estimate for earnings is pegged at 13 cents per share, down 7.1% year over year. In the past 30 days, earnings estimates for the quarter have witnessed downward revisions of 38.1%. The consensus mark for revenues is pegged at $1.05 billion, up 1.6% year over year.Factors to NoteArcos Dorados’ second-quarter 2024 top line is likely to have been aided by robust comparable sales, expa ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Arcos Dorados Holdings Inc. (ARCO) is a franchisee of McDonald’s restaurants. The Zacks Consensus Estimate for its current year earnings has been 2.3% downward over the last 60 days.Herc Holdings Inc. (HRI) is an equipment rental supplier. The Zacks Consensus Estimate for its current year earnings has been revised 3.4% downward over the last 60 days.Nissan Motor Co., Ltd. (NSANY) is an automobile manufacturing giant. The Zacks Consens ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:BRP (DOOO) designs, develops, manufactures and distributes recreational vehicles. The Zacks Consensus Estimate for its current year earnings has been revised 21.2% downward over the last 60 days.Core & Main (CNM) is a specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, to municipalities, private water companies and professional contractors across municipal, non-residential a ...

Investors with a contrarian bent are likely interested in figuring out what are the top oversold stocks to buy. However, it’s reasonable to say that “oversold” is in the eye on the beholder.That is, as Investopedia explains in its definition, “oversold” is a subjective term. There are technical trading tools that can help you identify oversold stocks. Most notably, the Relative Strength Index.However, merely buying every stock with a technically oversold rating (below 50) does not guarantee you will profit ...

Arcos Dorados Holdings Inc. (ARCO) reported first-quarter 2024 results, with revenues beating the Zacks Consensus Estimate. The top line increased year-over-year, while the bottom line fell from the prior-year quarter’s figure.During the quarter, the company stated benefits from the integration of the business model with the Three-D's strategy (Digital, Delivery, and Drive-thru). Also, the emphasis on pricing, product assortment and guest traffic management resulted in comparable sales growth exceeding infl ...

Arcos Dorados 1Q24 Results May 15, 2024 Disclaimer This presentation contains forward-looking statements that represent our beliefs, projections and predictions about future events or our future performance. Forward-looking statements can be identified by terminology such as "may," "will," "would," "could," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue" or the negative of these terms or other similar expressions or phrases. These forward-looking ...

Arcos Dorados Holdings Inc. (NYSE:ARCO) Q1 2024 Earnings Conference Call May 15, 2024 10:00 AM ET Company Participants Daniel Schleiniger - Investor Relations Marcelo Rabach - Chief Executive Officer Luis Raganato - Chief Operating Officer Mariano Tannenbaum - Chief Financial Officer Conference Call Participants Daniel Schleiniger Good morning, everyone, and thank you for joining our First Quarter 2024 Earnings Webcast. With us today are Marcelo Rabach, our Chief Executive Officer; Luis Raganato, our Chief ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of May, 2024 Commission File Number: 001-35129 Arcos Dorados Holdings Inc. (Exact name of registrant as specified in its charter) Río Negro 1338, First Floor Montevideo, Uruguay, 11100 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports und ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...

Several different food-related exchange traded funds (ETFs) are available that dabble in restaurant stocks. The largest is the Invesco Leisure and Entertainment ETF (NYSEARCA:PEJ), with net assets of $298 million. However, only four out of its 31 holdings are pure-play restaurant stocks. An industry-specific ETF to select for restaurant stocks would be the AdvisorShares Restaurant ETF (NYSEARCA:EATZ). With an appropriately designated stock symbol, EATZ is actively managed and is entirely made up of restaura ...