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Benzinga
Benzinga
Business
Priya Nigam

Why This Arcos Dorados Analyst Is Turning Bullish After Q4 Earnings

Arco Arcos Dorados Holdings Arcos Dorados Holdings Inc BofA BofA Securities NYSE

Arcos Dorados Holdings Inc (NYSE:ARCO) reported stronger-than-expected sales and achieved an impressive gross margin recovery in its fourth-quarter report, with “better operating leverage on leaner cost structures,” according to BofA Securities.

The company is the largest franchisee of McDonald's Corp (NYSE:MCD) restaurants. 

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