Arcos Dorados Posts Record Q2 Revenue of $1.3 Billion

Earnings
โดย GuruFocus·BR·Read original
Summary · why it matters

Arcos Dorados Holdings reported record second-quarter revenue of $1.3 billion, up more than 14% year-over-year, with system-wide comparable sales growing 15.3%. Adjusted EBITDA totaled $126.8 million, up over 20%, and earnings per share doubled versus last year. Digital sales grew more than 25% to about 66% of total sales, while identified sales surpassed 28% of total sales. The company opened 16 restaurants in the quarter, bringing first-half openings to 35, and improved net leverage to 1.1 times. Brazil led the performance with US dollar sales up more than 25% and adjusted EBITDA up more than 40%.

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