Arcos Dorados Holdings, Inc. (ARCO Quick QuoteARCO - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The upside was driven by the company’s announcement that it repaid all outstanding principal of its 10.25% Brazilian real denominated senior notes, maturing on Jul 13, 2016. This led to solid volume too with far more shares changing hands than in a normal session. Yesterday’s rally breaks the recent trend of the company, as the stock is now trading above the volatile price range of $4.55 to $5.19 in the past one-month time frame.

The company has seen no estimate revisions over the past 7 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Arcos Dorados currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

ARCOS DORADOS-A Price

ARCOS DORADOS-A Price | ARCOS DORADOS-A Quote

Another well-ranked stock in the Retail-Restaurants industry is Carrols Restaurant Group, Inc. (TAST Quick QuoteTAST - Free Report) , which sports a Zacks Rank #1 (Strong Buy).

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