Arcos Dorados: Q3 Earnings Snapshot
By AP News
Published - Nov 13, 2024, 07:41 AM ET
Last Updated - Dec 16, 2024, 05:27 PM EST
MONTEVIDEO, Uruguay (AP) — MONTEVIDEO, Uruguay (AP) — Arcos Dorados Holdings Inc. (ARCO) on Wednesday reported third-quarter net income of $35.2 million.
The company said it had net income of 17 cents per share.
The restaurant owner posted revenue of $1.13 billion in the period.
Arcos Dorados shares have declined 34% since the beginning of the year. The stock has decreased 13% in the last 12 months.
