Arcos Dorados Reports Strong Fourth Quarter and Full Year 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 months, and audited results for the twelve months, ended December 31, 2023. Fourth Quarter 2023 Highlights Consolidated revenues totaled $1.2 billion, rising 15.4% in US dollars versus the prior year period. Systemwide comparable sales1