Arcos Dorados Reports Mixed Mid-Year Results

Arcos Dorados Holdings (ARCO) has released an update.

Arcos Dorados Holdings Inc. reported a net income of $55.1 million for the first half of 2024, a slight decrease from $65.8 million in the same period the previous year, according to their latest unaudited financial statements. The company experienced a total revenue increase to $2.19 billion, up from $2.03 billion in 2023, but also faced higher operating costs and a significant foreign currency translation loss.

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