Rabach noted that Arcos is gaining traction from a qualitative focus on the organization's three-pillar strategy, comprised of improved customer service, relevant and "desirable" menu offerings, and heightened restaurant-level execution. Given that its operations are confined chiefly to Latin America, home to some of the most inflationary economies in the world, Arcos Dorados Holdings' (NYSE: ARCO) third-quarter revenue increase of nearly 4% can be interpreted as impressive. As we dive into Arcos' report, note that all comparative numbers refer to those of the prior-year quarter.