Arcos Dorados Reports First Quarter 2020 Financial Results
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Arcos Dorados (ARCO) Misses Q1 EPS by 30c, Revenue Beats
May 13, 2020 7:32 AM EDTArcos Dorados (NYSE: ARCO) reported Q1 EPS of ($0.26), $0.30 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $617.5 million versus the consensus estimate of $564 million.
Recent Developments
Long-term Outlook, Restaurant Opening Plan and Reinvestment Plan
On April 22, 2020, the Company withdrew its 2020-2022 outlook for restaurant openings and total capital expenditures provided on March 18, 2020.... More
