MONTEVIDEO, Uruguay--(BUSINESS WIRE)--Arcos Dorados Holdings, Inc. (NYSE: ARCO) (“Arcos Dorados” or the “Company”), Latin America’s largest restaurant chain and the world’s largest independent McDonald’s franchisee, today reported unaudited results for the three months, and audited results for the twelve months, ended December 31, 2023. Fourth Quarter 2023 Highlights Consolidated revenues totaled $1.2 billion, rising 15.4% in US dollars versus the prior year period. Systemwide comparable sales1 increas ...

MONTEVIDEO, Uruguay--(BUSINESS WIRE)--Arcos Dorados Holdings, Inc. (NYSE: ARCO) (“Arcos Dorados” or the “Company”), Latin America’s largest restaurant chain and the world’s largest independent McDonald’s franchisee, today announced that on March 7, 2024, its Board of Directors set the date for the Company's Annual Shareholders’ Meeting (“AGM”). The AGM will be held on April 26, 2024, in Cartagena, Colombia, at 3:00 p.m. (local time), for all shareholders of record as of March 29, 2024. About Arcos Dorados ...

Arcos Dorados (ARCO) ended the recent trading session at $11.62, demonstrating a +0.87% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.38% loss on the day. Meanwhile, the Dow lost 0.16%, and the Nasdaq, a tech-heavy index, lost 0.13%.Prior to today's trading, shares of the restaurant owner had lost 10.7% over the past month. This has lagged the Retail-Wholesale sector's gain of 6.92% and the S&P 500's gain of 4.74% in that time.Investors will be eagerly watching for the p ...

In the latest market close, Arcos Dorados (ARCO) reached $11.56, with a -1.78% movement compared to the previous day. This change lagged the S&P 500's daily loss of 0.6%. On the other hand, the Dow registered a loss of 0.17%, and the technology-centric Nasdaq decreased by 0.92%.Shares of the restaurant owner have depreciated by 3.92% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 5.07% and the S&P 500's gain of 3.56%.Investors will be eagerly watching for the perfor ...

MONTEVIDEO, Uruguay--(BUSINESS WIRE)--You are invited to join the senior management of Arcos Dorados Holdings Inc. (NYSE: ARCO) on a webcast to discuss the Company's results for the fourth quarter and full year ended December 31, 2023, which will be released before the market opens on Wednesday, March 13, 2024. Marcelo Rabach, Chief Executive Officer, and senior management will host the webcast. Opening remarks will be followed by a question and answer period. Participants will be able to join the webcast ...

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In the latest trading session, Arcos Dorados (ARCO) closed at $11.87, marking a -1% move from the previous day. This move lagged the S&P 500's daily gain of 0.06%. At the same time, the Dow added 0.13%, and the tech-heavy Nasdaq gained 0.24%.Coming into today, shares of the restaurant owner had lost 0.66% in the past month. In that same time, the Retail-Wholesale sector gained 8.04%, while the S&P 500 gained 6.45%.Analysts and investors alike will be keeping a close eye on the performance of Arcos Dorados i ...

Arcos Dorados (ARCO) closed the most recent trading day at $12.85, moving -0.93% from the previous trading session. This move lagged the S&P 500's daily gain of 1.07%. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq increased by 1.74%.Coming into today, shares of the restaurant owner had gained 8.9% in the past month. In that same time, the Retail-Wholesale sector gained 2.02%, while the S&P 500 gained 2.93%.The upcoming earnings release of Arcos Dorados will be of g ...

Arcos Dorados Holdings, Inc. (ARCO) released updates on its performance ahead of the scheduled quarterly earnings announcement in March 2024.The company reported robust systemwide comparable sales growth in the fourth quarter of 2023 and for the full year ending Dec 31, 2023. ARCO also provided guidance for restaurant openings and total capital expenditures for 2024.ARCO had a robust year-end, driven by its Three D’s Strategy of Digital, Delivery and Drive-thru. Digital channels contributed 53% to ARCO's sy ...