Arcos Dorados Holdings Inc (ARCO), the largest independent McDonald's franchisee in Latin America, reported a 17.1% YoY sales growth for Q2 2023, reaching $1.04 billion, slightly below the expected $1.05 billion. The company's consolidated revenue rose 38.9% in constant currency, with digital channel sales constituting 49% of systemwide sales. The operating margin was 7.2%, and the operating income for the quarter was $74.82 million. However, the EPS of $0.13 missed the analyst consensus of 14 cents.