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MONTEVIDEO, Uruguay, January 29, 2024--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 its systemwide comparable sales growth for the fourth quarter and full year ended December 31, 2023, ahead of its quarterly earnings announcement planned for March 2024. The Company also provided guidance for restaurant openings and total capital expenditures for 2024

Systemwide comparable sales grew 32.4% in the fourth quarter of 2023, with total revenue1 growing 15.4% versus the prior year quarter Opened 81 restaurants in 2023 and expect to open 80 to 90...