Arcos Dorados Reports Third 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 nine months ended September 30, 2023. Third Quarter 2023 Highlights Systemwide comparable sales¹ grew 37.3% versus the prior year quarter, rising 1.4 times the period’s blended inflation rate. Consolidated revenues reached $1.1 bill