Arcos Dorados Q1 Profit Declines
(RTTNews) - Arcos Dorados Holdings, Inc. (ARCO), a restaurant chain and McDonald's franchisee, reported Wednesday that net income attributable to the company for the first quarter declined to $28.51 million or $0.14 per share from $37.41 million or $0.18 per share in the prior-year quarter.
Total revenues for the quarter grew 9.1 percent to $1.08 billion from $990.79 million in the same quarter last year. However, it surged 46.8 percent in constant currency. Systemwide comparable sales grew 38.6 percent in the first quarter.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
read more
European Economic News Preview: German Unemployment Data Due
Unemployment from Germany and Spain are the top economic news due on Tuesday, headlining a light day for the European economic news. At 2.00 am ET, the Federal Statistical Office releases Germany's labor force survey results for April. At 2.30 am ET, the Federal Statistical Office is scheduled to issue Swiss consumer prices for May.
RTTNews
|
4h 9min ago
Sensex, Nifty Tumble In Early Trade; Adani Group Stocks Suffer Heavy Losses
Indian shares traded lower on Tuesday after witnessing a strong rally in the previous session on the back of robust GDP data and encouraging exit poll results projecting the NDA could win between 355 and 380 seats in the 543-member lower house of parliament.
RTTNews
|
5h 27min ago
Sensex, Nifty Seen Marginally Higher At Open Before Election Results
Indian shares are seen opening flat to slightly higher on Tuesday as investors await results of the country's general election. Vote counting begins at 8 am and a clear trend should emerge by noon.
RTTNews
|
7h 1min ago
Japanese Market Significantly Lower
Giving up some of the gains in the previous two sessions, the Japanese stock market is significantly lower on Tuesday, with the Nikkei 225 falling to near the 38,600 level, following the mixed cues from Wall Street overnight, with weakness across most sectors led by Index heavyweights and technology stocks.
RTTNews
|
7h 13min ago
Rebound Anticipated For Thai Stock Market
Ahead of Monday's holiday for Queen Suthida's birthday, the Thai stock market had turned lower again - one day after snapping the two-day slide in which it had stumbled more than 15 points or 1.1 percent. The Stock Exchange of Thailand now sits just above the 1,345-point plateau although it's likely to bounce higher again on Tuesday.
RTTNews
|
7h 26min ago
Thailand Manufacturing Sector Moves Back To Expansion - S&P Global
The manufacturing sector in Thailand bounced back up into expansion territory in May, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 50.3.
RTTNews
|
7h 33min ago
Malaysia Manufacturing Sector Bounces To Expansion - S&P Global
The manufacturing sector in Malaysia swung back up into expansion territory in May, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 50.2.
RTTNews
|
7h 35min ago
Australia Company Gross Operating Profits Sink 2.5% In Q1
Company gross operating profits in Australia were down a seasonally adjusted 2.5 percent on quarter in the first quarter of 2024, the Australian Bureau of Statistics said on Tuesday.
RTTNews
|
7h 44min ago
