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 ...

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 ...

The most recent trading session ended with Arcos Dorados (ARCO) standing at $11.25, reflecting a +0.63% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a gain of 0.32% for the day. Elsewhere, the Dow saw an upswing of 0.68%, while the tech-heavy Nasdaq appreciated by 0.2%.The restaurant owner's shares have seen a decrease of 4.12% over the last month, not keeping up with the Retail-Wholesale sector's gain of 5.25% and the S&P 500's gain of 5.11%.Investors wil ...

Arcos Dorados Holdings Inc. (ARCO) reported fourth-quarter 2023 results, with revenues beating the Zacks Consensus Estimate. The top and the bottom line increased on a year-over-year basis.During the quarter, the company reported increased visit frequency and market share gains, with the Three D’s strategy driving sustainable sales growth supported by restaurant volume and average checks. Also, it reported benefits from the expansion of Digital channels facilitated by a mobile app, growing Delivery sales an ...

Arcos Dorados Holdings Inc. (NYSE:ARCO) Q4 2023 Earnings Conference Call March 13, 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 Daniel Schleiniger Good morning, everyone, and thank you for joining our Fourth Quarter and Full Year 2023 Earnings Webcast. With us today are Marcelo Rabach, our Chief Executive Officer; Luis Raganato, our Chief Operating Of ...