ARCOS DORADOS HOLDINGS INC

Ticker: ARCO CUSIP: G0457F107 Class: SHS CLASS -A -

VICTORY CAPITAL MANAGEMENT INC's Holding History (CIK: 0001040188)

Note: Option positions (PUT/CALL) are excluded.

Q4 2017

Shares 503,798 Value ($000) $5,214 Avg Close $8.69 Range $7.95 - $9.34

Q3 2017

Shares 488,787 Value ($000) $4,912 Avg Close $7.68 Range $6.40 - $8.95

Q2 2017

Shares 494,589 Value ($000) $3,685 Avg Close $7.19 Range $6.40 - $8.24

Q1 2017

Shares 475,296 Value ($000) $3,826 Avg Close $5.48 Range $4.71 - $7.13

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	503,798	$5,214	$8.69	$7.95 - $9.34
Q3 2017	488,787	$4,912	$7.68	$6.40 - $8.95
Q2 2017	494,589	$3,685	$7.19	$6.40 - $8.24
Q1 2017	475,296	$3,826	$5.48	$4.71 - $7.13