Arcos Dorados (ARCO) Reports In-Line Q4 EPS
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Arcos Dorados Reports Fourth Quarter & Full Year 2015 Financial Results
March 16, 2016 8:01 AM EDTAchieved double-digit consolidated comparable sales growth, with margin expansion in all divisions in the fourth quarter 2015
MONTEVIDEO, Uruguay--(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 fourth quarter and audited results for the full year ended December 31, 2015.
Fourth Quarter 2015 Key Results
As reported consolidated revenues were $765.0 million, a 16.3% decline versus the fourth quarter of 2014. On an organic basis1 and excluding Venezuela, consolidated revenues grew 10.8%.... More