Arcos Dorados Reports Third Quarter 2018 Financial Results
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Arcos Dorados (ARCO) Reports Q3 EPS of $0.12, Revenues Beat, Comps Up 7.4%
November 14, 2018 8:01 AM ESTArcos Dorados (NYSE: ARCO) reported Q3 EPS of $0.12, versus $0.00 reported last year. Revenue for the quarter came in at $724 million versus the consensus estimate of $454 million.
Systemwide comparable sales grew 7.4% on top of the 10.4% achieved last year, with strong contributions from most of our markets throughout Latin America and the Caribbean. Our operating structure and disciplined approach to growth was supported by restaurant level, bottom line profitability... More
