ARCO - Arcos Dorados GAAP EPS of $0.12 beats by $0.06 revenue of $790.68M beats by $59.96M

Arcos Dorados press release (NYSE:ARCO): Q1 GAAP EPS of $0.12 beats by $0.06. Revenue of $790.68M (+40.9% Y/Y) beats by $59.96M. Systemwide comparable sales grew 42.0% Y/Y. "We began 2022 with a strong pace of growth, opening 16 restaurants, including 14 free-standing units and 10 restaurants in Brazil. We have worked hard to increase the size and accelerate the pace of the openings pipeline. Based on the current run-rate, we expect to exceed restaurant opening and capital expenditure guidance for 2022."

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Arcos Dorados GAAP EPS of $0.12 beats by $0.06, revenue of $790.68M beats by $59.96M