Arcos Dorados Holdings Inc. (ARCO) on Thursday reported second-quarter earnings of $45 million. The company said it had net income of 22 cents per share. The restaurant owner posted revenue of $1.31 billion in the period.
Arcos Dorados shares have increased almost 8% since the beginning of the year. The stock has climbed 14% in the last 12 months.
Original reporting: Alexandria, VA News – WTOP News — read the source article.