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.
Arcos Dorados' (ARCO) second-quarter 2024 results are likely to gain from robust systemwide comparable sales.
ARCO, HRI and NSANY have been added to the Zacks Rank #5 (Strong Sell) List on July 26, 2024.
Arcos Dorados Holdings is the largest QSR operator in Latin America and contributes 4% of McDonald's systemwide sales. Arcos shares have been punished alongside McDonald's, as McDonald's systemwide sales slow. However, Arcos sales are still showing strong momentum. The sum-of-the-parts model points to $12/share in equity value.
ARCO, IRWD and AVT have been added to the Zacks Rank #5 (Strong Sell) List on July 5, 2024.
DOOO, CNM and ARCO have been added to the Zacks Rank #5 (Strong Sell) List on June 28, 2024.