Arcos Dorados (ARCO) Misses Q2 EPS by 7c, Revenues Beat

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Arcos Dorados Reports Second Quarter 2020 Financial Results

August 12, 2020 7:30 AM EDT

Strong sequential monthly systemwide comparable sales and Adjusted EBITDA recovery throughout the quarter Latin Americas largest Free-standing restaurant base and most extensive Delivery network supported the sales recovery during the quarter Digital platform generated 40% of sales in the quarter, including strong growth in orders through the Delivery Hub on the Companys Mobile App Strengthened customer trust with robust McProtegidos, or McSafe, Program to ensure employee, customer and food safety in all... More