Arcos Dorados (ARCO) Tops Q2 EPS by 9c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/13/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Super Micro Computer establishes $1.25 billion stock sale agreement
- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX Shares Indicated To Open At $155
Arcos Dorados Announces Key Management Changes
August 11, 2015 8:01 AM EDTSergio Alonso Appointed Chief Executive Officer
Woods Staton Remains as Executive Chairman
BUENOS AIRES, Argentina--(BUSINESS WIRE)-- Arcos Dorados (NYSE: ARCO), Latin Americas largest restaurant chain and the worlds largest McDonalds franchisee, today announced the appointment of Sergio Alonso, 52, as its new Chief Executive Officer, effective October 1. Mr. Alonso succeeds Chairman and Chief Executive Officer Woods Staton, 65, who will remain as Executive Chairman.
Sergio has been a part of the McDonalds system for nearly 30 years and has developed a track record of achieving... More
Arcos Dorados Reports Second Quarter 2015 Financial Results
August 11, 2015 8:01 AM EDTAchieved high single-digit comparable sales growth and delivered consolidated Adjusted EBITDA margin expansion.
BUENOS AIRES, Argentina--(BUSINESS WIRE)-- Arcos Dorados Holdings, Inc. (NYSE: ARCO) (Arcos Dorados or the Company), Latin Americas largest restaurant chain and the worlds largest McDonalds franchisee, today reported unaudited results for the quarter ended June 30, 2015.
Second Quarter 2015 Key Results
As reported consolidated revenues were $759.0 million, a 17.3% decline versus the second quarter of 2014. On an organic basis1 and excluding Venezuela consolidated revenues grew 7.7%. Systemwide comparable sales increased by 8.5% year-over-year.... More