Brief: Arcos Dorados Reports Strong Comparable Sales For The Fourth Quarter

Arcos Dorados Holdings

01/02/2023 23:57

Feb 1 (Reuters) - Arcos Dorados Holdings Inc  ARCO.N :
    * ARCOS DORADOS REPORTS STRONG COMPARABLE SALES FOR THE
FOURTH
QUARTER 2022 AND PROVIDES GUIDANCE FOR 2023
    * ARCOS DORADOS HOLDINGS INC - SYSTEMWIDE COMPARABLE SALES
GREW
35.7% IN Q4 OF 2022
    * ARCOS DORADOS HOLDINGS INC - FOR 2023, CO EXPECTS TOTAL
CAPITAL
EXPENDITURES TO BE AROUND $350 MILLION
    * ARCOS DORADOS HOLDINGS INC -  IN FOURTH QUARTER OF 2022
REVENUE
SURPASSED $1.0 BILLION FOR FIRST TIME IN A SINGLE QUARTER

Source text for Eikon:  ID:nBw25ClRVa 
Further company coverage:  ARCO.N 
 ((Reuters.Briefs@thomsonreuters.com;))