MONTEVIDEO, Uruguay--(BUSINESS WIRE)--You are invited to join the senior management of Arcos Dorados Holdings Inc. (NYSE: ARCO) on a webcast to discuss the Company's results for the fourth quarter and full year ended December 31, 2023, which will be released before the market opens on Wednesday, March 13, 2024. Marcelo Rabach, Chief Executive Officer, and senior management will host the webcast. Opening remarks will be followed by a question and answer period. Participants will be able to join the webcast ...

Investing in small-cap stocks offers multiple advantages for those looking to diversify their portfolios with potential high-growth opportunities efficiently. Small-cap stocks strike a unique balance between the relatively nascent microcap sphere and the more mature mid and large-cap segments. They boast the established foundations needed for stability yet remain agile enough to promise significant long and medium-term growth prospects. This category is especially appealing because these companies, still in ...

The restaurant industry is known for its fierce competitiveness, but therein lies a golden opportunity for savvy investors. Starbucks (NASDAQ:SBUX), which arguably has been an industry bellwether for the longest time, is known for its strategic growth in the coffeehouse sector. Its focus on enhancing same-store sales and expanding store networks globally has been crucial in driving long-term growth for its business. However, in following its example, several restaurant stocks, have found success and have po ...

In the latest trading session, Arcos Dorados (ARCO) closed at $11.87, marking a -1% move from the previous day. This move lagged the S&P 500's daily gain of 0.06%. At the same time, the Dow added 0.13%, and the tech-heavy Nasdaq gained 0.24%.Coming into today, shares of the restaurant owner had lost 0.66% in the past month. In that same time, the Retail-Wholesale sector gained 8.04%, while the S&P 500 gained 6.45%.Analysts and investors alike will be keeping a close eye on the performance of Arcos Dorados i ...

Arcos Dorados (ARCO) closed the most recent trading day at $12.85, moving -0.93% from the previous trading session. This move lagged the S&P 500's daily gain of 1.07%. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq increased by 1.74%.Coming into today, shares of the restaurant owner had gained 8.9% in the past month. In that same time, the Retail-Wholesale sector gained 2.02%, while the S&P 500 gained 2.93%.The upcoming earnings release of Arcos Dorados will be of g ...

Arcos Dorados Holdings, Inc. (ARCO) released updates on its performance ahead of the scheduled quarterly earnings announcement in March 2024.The company reported robust systemwide comparable sales growth in the fourth quarter of 2023 and for the full year ending Dec 31, 2023. ARCO also provided guidance for restaurant openings and total capital expenditures for 2024.ARCO had a robust year-end, driven by its Three D’s Strategy of Digital, Delivery and Drive-thru. Digital channels contributed 53% to ARCO's sy ...

MONTEVIDEO, Uruguay--(BUSINESS WIRE)--Arcos Dorados Holdings, Inc. (NYSE: ARCO) (“Arcos Dorados” or the “Company”), Latin America’s largest restaurant chain and the world’s largest independent McDonald’s franchisee, today reported its systemwide comparable sales growth for the fourth quarter and full year ended December 31, 2023, ahead of its quarterly earnings announcement planned for March 2024. The Company also provided guidance for restaurant openings and total capital expenditures for 2024. “We had a ...

In the latest trading session, Arcos Dorados (ARCO) closed at $12.90, marking a -1.45% move from the previous day. This move lagged the S&P 500's daily loss of 0.07%. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq decreased by 0.36%.Coming into today, shares of the restaurant owner had gained 2.27% in the past month. In that same time, the Retail-Wholesale sector gained 1.02%, while the S&P 500 gained 3.05%.Market participants will be closely following the financial ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, January 25:Arcos Dorados Holdings Inc. (ARCO) : This franchisee of McDonald’s restaurants carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 9.3% over the last 60 days.Arcos Dorados Holdings has a PEG ratio of 1.04 compared with 2.74 for the industry. The company possesses a Growth Score of A.EnerSys (ENS) : This stored energy solutions company ...

The U.S. restaurant industry made a solid turnaround last year after a disappointing 2022 and continued to perform despite inflationary pressures. Sales soared as Americans continued to spend lavishly on eating out, helping the industry recover from the setback during the peak of the COVID-19 pandemic.The Commerce Department reported last week that sales at U.S. bars and restaurants totaled $96.1 billion in December, increasing 8.7% month over month. On a year-over-year basis, restaurant sales jumped a whop ...