Brief: Arcos Dorados Reports Strong 2-Year Comparable Sales For The Fourth Quarter 2021 And Provides Guidance For 2022 To 2024

Arcos Dorados Holdings

26/01/2022 13:19

Jan 26 (Reuters) - Arcos Dorados Holdings Inc  ARCO.N :
    * ARCOS DORADOS REPORTS STRONG 2-YEAR COMPARABLE SALES FOR
THE
FOURTH QUARTER 2021 AND PROVIDES GUIDANCE FOR 2022 TO 2024
    * EXPECTS TO OPEN AT LEAST 55 NEW RESTAURANTS IN 2022 AND
200 OR
MORE LOCATIONS FROM 2022 TO 2024
    * EXPECTS ABOUT 60% OF GROSS OPENINGS FROM 2022 TO 2024 TO
BE IN
BRAZIL
    * FOR 2022, COMPANY EXPECTS TOTAL CAPITAL EXPENDITURES TO BE
BETWEEN $180 AND $200 MILLION

Source text for Eikon:  ID:nBwb5HLtla 
Further company coverage:  ARCO.N 

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