Arcos Dorados (ARCO) Tops Q3 EPS by 11c
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Arcos Dorados Reports Third Quarter 2022 Financial Results
November 16, 2022 7:30 AM ESTSystemwide comparable sales¹ grew 34.2% year-over-year, boosted by higher guest traffic and market share gains across the region Digital channels (Delivery, Mobile App and Self-order Kiosks) contributed 42% of systemwide sales¹ and set a new Digital sales record in US dollars, with strong growth in all channels Consolidated Adj. EBITDA¹ of $103.0 million, up 15.0% in US dollars and 27% in constant currency Net Income¹ reached $47.7 million, or $0.23 per share, almost double the prior year result
MONTEVIDEO, Uruguay--(BUSINESS WIRE)-- Arcos Dorados Holdings Inc.... More
