Arcos Dorados (ARCO) Q1 Earnings Fall Y/Y, Sales Top Estimates
ARCOArcos Dorados (ARCO) zacks.com·2024-05-16 21:40

Arcos Dorados Holdings Inc. (ARCO) reported first-quarter 2024 results, with revenues beating the Zacks Consensus Estimate. The top line increased year-over-year, while the bottom line fell from the prior-year quarter’s figure.During the quarter, the company stated benefits from the integration of the business model with the Three-D's strategy (Digital, Delivery, and Drive-thru). Also, the emphasis on pricing, product assortment and guest traffic management resulted in comparable sales growth exceeding infl ...