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Stock impact report

Arcos Dorados Reports Strong Comparable Sales for the Fourth Quarter 2023 and Provides Guidance for 2024 [Yahoo! Finance]

Arcos Dorados Holdings Inc. Class A Shares (ARCO) 
Last arcos dorados holdings inc. class a shares earnings: 3/18 08:00 am Check Earnings Report
US:NYSE Investor Relations: arcosdorados.com/ir.html
Company Research Source: Yahoo! Finance
Opened 81 restaurants in 2023 and expect to open 80 to 90 restaurants in 2024, with a pipeline composed of 90% free-standing restaurants Total Capital Expenditures in 2024 are expected to be $300 million to $350 million MONTEVIDEO, Uruguay, January 29, 2024 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 solid finish to a very strong year. Our Three D's Strategy of Digital, Delivery and Drive-thru continues to evolve and leverages the Latin American quick service restaurant industry's largest free-standing restaurant portfolio. Digital channels Show less Read more
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