Arcos Dorados (ARCO) Tops Q4 EPS by 6c
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Arcos Dorados Reports Fourth Quarter and Full Year 2021 Financial Results
March 16, 2022 7:30 AM EDTSystemwide comparable sales¹ grew 33.6% year-over-year and 24.2% on a 2-year basis, driven by the Companys successful Three-Ds Strategy focused on Drive-thru, Delivery and Digital Digital channels (Delivery, Self-order Kiosks and Mobile App) generated 36% of systemwide sales in the quarter Consolidated Adjusted EBITDA¹ in US dollars reached a quarterly record of $112.4 million, almost double the prior year and up 10.5% versus the fourth quarter 2019 Net Income¹ reached $47.2 million, or $0.22 per share, compared with net income of $0.11 per share in the prior year... More
