Arcos Dorados (ARCO) Misses Q2 EPS by 2c

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Go back to Arcos Dorados (ARCO) Misses Q2 EPS by 2c

Arcos Dorados Reports Second Quarter 2022 Financial Results

August 10, 2022 7:30 AM EDT

Systemwide comparable sales¹ grew 47.9% year-over-year, driven primarily by higher sales volume across all divisions Digital channels (Delivery, Mobile App and Self-order Kiosks) set a new quarterly sales record, generating 41% of systemwide sales, with Delivery sales up over 23% in constant currency Consolidated Adjusted EBITDA¹ in US dollars reached a second-quarter record of $92.4 million Net Income¹ reached $15.6 million, or $0.07 per share, up from $0.03 per share in the prior year quarter

MONTEVIDEO, Uruguay--(BUSINESS WIRE)-- Arcos Dorados Holdings, Inc. (NYSE:... More