The latest update is out from Arcos Dorados Holdings ( (ARCO) ).
Arcos Dorados Holdings Inc. released its consolidated financial statements for the years ending December 31, 2024, and 2023, highlighting a significant impairment loss of $1,067,000 in 2024 due to economic and market conditions affecting its long-lived assets. The audit report emphasized the complexity of assessing impairment indicators across various countries and the challenges in estimating future cash flows, which are influenced by numerous economic factors.
More about Arcos Dorados Holdings
Arcos Dorados Holdings Inc. operates in the fast-food industry, primarily focusing on managing and franchising McDonald’s restaurants in Latin America and the Caribbean. The company is a major player in the region, navigating diverse economic and political environments across twenty countries.
YTD Price Performance: 4.00%
Average Trading Volume: 1,346,494
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.64B
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