Arcos Dorados (ARCO) Reports Q3 EPS of $0.12, Revenues Beat, Comps Up 7.4%
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Arcos Dorados Reports Third Quarter 2018 Financial Results
November 14, 2018 8:00 AM ESTConsolidated revenue growth of 8.3%, on a constant currency basis, supported by a 7.4% increase in comparable sales1.
Adjusted EBITDA margin expanded 340 basis points to 12.3%1.
Net income increased 68% to $42.7 million1.
MONTEVIDEO, Uruguay--(BUSINESS WIRE)-- Arcos Dorados Holdings, Inc. (NYSE: ARCO) (Arcos Dorados or the Company), Latin Americas largest restaurant chain and the worlds largest independent McDonalds franchisee, today reported unaudited results for the third quarter ended September 30, 2018.
Third Quarter 2018 Highlights Excluding Venezuela
On a constant... More