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Arcos Dorados: Q1 Earnings Snapshot

Associated Press Finance
·1-min read

MONTEVIDEO, Uruguay (AP) — MONTEVIDEO, Uruguay (AP) — Arcos Dorados Holdings Inc. (ARCO) on Wednesday reported first-quarter profit of $28.5 million.

The company said it had net income of 14 cents per share.

The restaurant owner posted revenue of $1.08 billion in the period.

Arcos Dorados shares have decreased 12% since the beginning of the year. The stock has climbed 32% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ARCO at https://www.zacks.com/ap/ARCO