Brief: Arcos Dorados Reports Fourth Quarter 2020 Comparable Sales And Provides An Outlook For 2021

Arcos Dorados Holdings

21/01/2021 12:11

Jan 21 (Reuters) - Arcos Dorados Holdings Inc  ARCO.N :
    * ARCOS DORADOS REPORTS FOURTH QUARTER 2020 COMPARABLE SALES
AND
PROVIDES AN OUTLOOK FOR 2021
    * ARCOS DORADOS HOLDINGS INC - SALES RECOVERY REMAINED
STRONG
THROUGH END OF 2020 IN ALL FOUR DIVISIONS
    * ARCOS DORADOS - EXPECT 40 TO 50 NEW RESTAURANT OPENINGS,
$110 TO
$130 MILLION OF TOTAL CAPEX AND A NORMALIZATION OF FINANCIAL
LEVERAGE LEVELS IN 2021
    * ARCOS DORADOS - QTRLY TOTAL SYSTEMWIDE COMPARABLE SALES,
EXCLUDING. VENEZUELA DOWN 7.9%

Source text for Eikon:  ID:nBw2sthSGa 
Further company coverage:  ARCO.N 

 ((Reuters.Briefs@thomsonreuters.com;))