Arcos Dorados Holdings ( (ARCO) ) just unveiled an announcement.
Arcos Dorados Holdings Inc. reported its financial results for the fourth quarter and full year 2024, achieving record revenues of $4.5 billion, driven by strong local currency growth and digital sales channels. The company saw significant growth in its loyalty program and opened 85 new restaurants, reinforcing its market leadership in the region. Despite challenging macroeconomic conditions, Arcos Dorados achieved a net income of $148.8 million and maintained a healthy leverage ratio, highlighting its resilience and strategic positioning in the fast-food industry.
More about Arcos Dorados Holdings
Arcos Dorados Holdings Inc. is the largest restaurant chain in Latin America and the Caribbean and the world’s largest independent McDonald’s franchisee. The company focuses on providing fast-food services through its extensive network of McDonald’s restaurants across the region.
YTD Price Performance: 4.00%
Average Trading Volume: 1,346,494
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.64B
For an in-depth examination of ARCO stock, go to TipRanks’ Stock Analysis page.
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