Arcos Dorados Holdings (ARCO) has released an update.
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Arcos Dorados Holdings Inc., the world’s largest independent McDonald’s franchisee, has reported a robust second quarter in 2024 with total revenues increasing by 6.8% to $1.1 billion, and systemwide comparable sales surging by 40.8%. The company has seen significant digital channel growth, with these sales now accounting for over 57% of total systemwide sales, and their loyalty program expanding to 11.2 million members.
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