MONTEVIDEO, Uruguay (AP) — MONTEVIDEO, Uruguay (AP) — Arcos Dorados Holdings Inc. (ARCO) on Wednesday reported first-quarter profit of $28.5 million.
The company said it had net income of 14 cents per share.
The restaurant owner posted revenue of $1.08 billion in the period.
Arcos Dorados shares have decreased 12% since the beginning of the year. The stock has climbed 32% in the last 12 months.
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