Arcos Dorados Reports Second Quarter 2023 Financial Results

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 unaudited results for the three and six months ended June 30, 2023. Second Quarter 2023 Highlights Systemwide comparable sales¹ increased 31.5%, rising 1.3 times blended inflation. Consolidated revenues reached $1.04 billion, growing 17.2% in US dollars and 36.2% in c