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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

McDonald's Franchisee Arcos Dorados Pops In Q3 On Latin Flavor

Arco McDonald Brazil
Arcos Dorados

Arcos Dorados Holdings Inc. (NYSE:ARCO) shares climbed in premarket as the McDonald’s operator delivered stronger profitability and momentum across key markets in the third quarter.

Investors cheered rising digital mix, improving comps, and a Brazil tax credit that may support future cash flow.

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