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 its systemwide comparable sales growth for the fourth quarter and full year ended December 31, 2023, ahead of its quarterly earnings announcement planned for March 2024. The Company also provided guidance for restaurant openings and total capital expenditures for 2024. “We had a ...

In the latest trading session, Arcos Dorados (ARCO) closed at $12.90, marking a -1.45% move from the previous day. This move lagged the S&P 500's daily loss of 0.07%. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq decreased by 0.36%.Coming into today, shares of the restaurant owner had gained 2.27% in the past month. In that same time, the Retail-Wholesale sector gained 1.02%, while the S&P 500 gained 3.05%.Market participants will be closely following the financial ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 25:Arcos Dorados Holdings Inc. (ARCO) : This franchisee of McDonald’s restaurants carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days.Arcos Dorados Holdings has a PEG ratio of 1.04 compared with 2.74 for the industry. The company possesses a Growth Score of A.EnerSys (ENS) : This stored energy solutions company ...

The U.S. restaurant industry made a solid turnaround last year after a disappointing 2022 and continued to perform despite inflationary pressures. Sales soared as Americans continued to spend lavishly on eating out, helping the industry recover from the setback during the peak of the COVID-19 pandemic.The Commerce Department reported last week that sales at U.S. bars and restaurants totaled $96.1 billion in December, increasing 8.7% month over month. On a year-over-year basis, restaurant sales jumped a whop ...

The S&P 500 is trading at new highs as Wall Street waits for the tech giants to start reporting their quarterly earnings results and offer insights into the state of the U.S. and global economies in the first quarter of 2024.Some are worried that the rally has been too top-heavy, driven by huge gains from mega-cap tech and the Magnificent 7 alone. Thankfully, far more areas are participating, with eight of the 11 S&P 500 sectors in the green over the last 12 months. Better yet, every sector outside of Energ ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 23:Arcos Dorados Holdings Inc. (ARCO) : This McDonald's franchisee company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days.Arcos Dorados Holdings has a PEG ratio of 1.02 compared with 2.68 for the industry. The company possesses a Growth Score of A.EnerSys (ENS) : This energy storage company carries a Zacks ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to fin ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today January 19th:Arcos Dorados (ARCO) : This company which, operates as a franchisee of McDonald's and also runs quick service restaurants in Latin America and the Caribbean, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days.Arcos Dorados has a PEG ratio of 1.01 compared with 2.66 for the industry. The compan ...

Amid the market volatility, investors are flocking to dividend investing for safe and consistent returns. Dividends are major sources of consistent income for investors. However, they do not offer dramatic price appreciation. These stocks tend to outperform in a choppy market and can reduce the volatility of a portfolio.In fact, stocks with a strong history of year-over-year dividend growth form a healthy portfolio with a greater scope of capital appreciation, as opposed to simple dividend-paying stocks or ...

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 its participation in the following investor events: Bradesco BBI Retail Days. This in-person event will be held in São Paulo, from Tuesday, January 30 to Wednesday, January 31, 2024, and the Company will participate on January 30. BTG Pactual Brazil CEO Conference 2024. This ...