Arcos Dorados (ARCO) Unveils Strong Q4 Comps and '24 View
ARCOArcos Dorados (ARCO) Zacks Investment Research·2024-01-31 03:10

Arcos Dorados Holdings, Inc. (ARCO) released updates on its performance ahead of the scheduled quarterly earnings announcement in March 2024. The company reported robust systemwide comparable sales growth in the fourth quarter of 2023 and for the full year ending Dec 31, 2023. ARCO also provided guidance for restaurant openings and total capital expenditures for 2024. ARCO had a robust year-end, driven by its Three D’s Strategy of Digital, Delivery and Drive-thru. Digital channels contributed 53% to ARCO's ...