Arcos Dorados: Q2 Earnings Snapshot
By AP News
Published - Aug 14, 2024, 07:40 AM ET
Last Updated - Aug 14, 2024, 07:40 AM EDT
MONTEVIDEO, Uruguay (AP) — MONTEVIDEO, Uruguay (AP) — Arcos Dorados Holdings Inc. (ARCO) on Wednesday reported second-quarter earnings of $26.6 million.
The company said it had profit of 13 cents per share.
The restaurant owner posted revenue of $1.11 billion in the period.
Arcos Dorados shares have fallen 20% since the beginning of the year. The stock has fallen nearly 7% in the last 12 months.
