ARCO, CAG and GSK have been added to the Zacks Rank #5 (Strong Sell) List on January 23, 2025.
Arcos Dorados' 3Q24 earnings show revenue growth in local currencies but flat in USD, with Argentina facing significant challenges due to deep recession and high inflation. The new master agreement with McDonald's has not been explained in detail, particularly regarding CAPEX requirements, raising concerns about future profitability and operational margins. Arcos FY24E earnings yield of 10% could seem interesting, considering the company is also growing.
ARCO's Q3 top-line benefits from strong performances in the Mobile App and Delivery services, along with the continued expansion of the Loyalty Program.
Arcos Dorados Holdings Inc. (ARCO) Q3 2024 Earnings Call Transcript
Arcos Dorados (ARCO) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.30 per share a year ago.
ARCO's third-quarter 2024 results are likely to be hurt by high costs and weakened consumer demand.
Fast growth, a cheap valuation, and an unchanged royalty rate make Arcos Dorados stock a bargain.
ARCO, BMTX and TECH have been added to the Zacks Rank #5 (Strong Sell) List on August 23, 2024.
Arcos Dorados (ARCO) second-quarter 2024 results are aided by a rise in guest traffic, which has continued to boost comparable sales.
ARCO, CNMD and CVS have been added to the Zacks Rank #5 (Strong Sell) List on August 15, 2024.
There are many reasons to buy Arcos Dorados NYSE: ARCO, but they center on the company's leadership in the Latin American QSR industry and its growing moat. Arcos Dorados is the largest independent McDonald's NYSE: MCD franchisee.
Arcos Dorados Holdings Inc. (NYSE:ARCO ) Q2 2024 Earnings Conference Call August 14, 2024 10:00 AM ET Company Participants Dan Schleiniger - Investor Relations Marcelo Rabach - Chief Executive Officer Luis Raganato - Chief Operating Officer Mariano Tannenbaum - Chief Financial Officer Dan Schleiniger Good morning, everyone, and thank you for joining our Second Quarter 2024 Earnings Webcast. With us today are Marcelo Rabach, our Chief Executive Officer; Luis Raganato, our Chief Operating Officer; and Mariano Tannenbaum, our Chief Financial Officer.