Arcos Dorados (ARCO) Tops Q2 EPS by 2c
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Arcos Dorados Reports Second Quarter 2021 Financial Results
August 11, 2021 7:30 AM EDTSystemwide comparable sales1 grew 98.7% versus the prior year and were nearly flat on a 2-year basis, as operating conditions improved throughout the quarter Total revenues1 rebounded strongly in constant currency, rising 104.5% versus 2020 and 4.2% on a 2-year basis The three Ds added strong Drive-thru and record Delivery sales, up 29% and 94% in constant currency, respectively, with Digital generating 39% of total sales1 Consolidated1 Adjusted EBITDA reached $48.3 million, up 12.6% in constant currency on a 2-year... More
