Arcos Dorados: Q4 Earnings Snapshot
By AP News
Published - Mar 13, 2024, 07:51 AM ET
Last Updated - Mar 13, 2024, 07:51 AM EDT
MONTEVIDEO, Uruguay (AP) — MONTEVIDEO, Uruguay (AP) — Arcos Dorados Holdings Inc. (ARCO) on Wednesday reported fourth-quarter net income of $55.8 million.
The company said it had profit of 26 cents per share. Earnings, adjusted for non-recurring costs, came to 27 cents per share.
The restaurant owner posted revenue of $1.18 billion in the period. Its adjusted revenue was $1.16 billion.
For the year, the company reported profit of $181.3 million, or 86 cents per share. Revenue was reported as $4.3 billion.