Arcos Dorados (ARCO) Reports Q4 EPS of $0.11, Revenues Beat
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Arcos Dorados Reports Fourth Quarter and Full Year 2020 Financial Results
March 17, 2021 7:30 AM EDTSolid finish to a challenging year with fourth quarter consolidated revenue at almost 95% of the prior year period in constant currency, despite a tough comparison Drive-Thru and Delivery up 49% and 171% in constant currency, respectively, versus the prior year quarter, capturing market share in the Companys largest markets Adjusted EBITDA reached $58.4 million in the fourth quarter, excluding Venezuela, building sequentially on each Divisions positive results in the prior quarter Strong cash flow from operations... More
