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ARCOS DORADOS HOLDINGS INC. - ARCO STOCK NEWS

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Arcos Dorados Holdings Inc. (NYSE: ARCO) is the world's largest independent McDonald's franchisee, with the exclusive rights to own, operate, and grant franchises of McDonald's restaurants in 20 countries and territories across Latin America and the Caribbean. As of June 30, 2023, Arcos Dorados operates more than 2,300 restaurants, employing over 95,000 people.

The company's core business comprises two main segments: company-operated restaurants and franchised restaurants. The diverse menu includes classic offerings such as hamburgers, McNuggets, salads, sandwiches, and french fries.

Latest News: On September 6, 2023, Arcos Dorados expanded its partnership with UBQ Materials, a climate tech developer. The collaboration has led to the use of UBQ™ in bench seating and electrical system components in its new São Paulo restaurant, highlighting Arcos Dorados' commitment to sustainability. This initiative builds on their earlier introduction of UBQ™-based serving trays in McDonald's restaurants across Brazil and the Caribbean.

In a pioneering move, Arcos Dorados has also collaborated with J&J Green Paper to adopt the biodegradable and compostable JANUS® technology for its food packaging in Argentina. This shift supports the company's broader environmental goals, including reducing greenhouse gas emissions by 36% in restaurants and offices and by 31% throughout its supply chain by 2030.

Arcos Dorados is dedicated to making a positive impact through its Recipe for the Future ESG platform, focusing on sustainability and community engagement. The company is committed to reducing its environmental footprint and promoting responsible business practices.

Financially, Arcos Dorados is listed on the New York Stock Exchange under the symbol ARCO, offering investors a unique opportunity to participate in the growth of the fast-food sector in Latin America and the Caribbean.

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Arcos Dorados Holdings Inc. (NYSE: ARCO) to discuss second quarter 2023 results in webcast
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Arcos Dorados Holdings Inc. files its annual report on Form 20-F for the fiscal year ended December 31, 2022.
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Arcos Dorados Holdings Inc. (NYSE: ARCO) will host a webcast on May 17, 2023, at 10:00 a.m. ET to discuss its Q1 2023 financial results for the period ending March 31, 2023. CEO Marcelo Rabach and senior management will present the results, followed by a Q&A session. The financial results will be released before the market opens on the same day.

Participants can access the webcast via a link provided in the release and on the Company's Investor Relations website. A replay of the webcast will be available until August 17, 2023.

As the largest independent franchisee of McDonald's worldwide, Arcos Dorados operates over 2,300 restaurants in Latin America and the Caribbean, employing more than 95,000 individuals.

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Arcos Dorados Holdings Inc. (NYSE: ARCO), the largest restaurant chain in Latin America and the world's largest independent McDonald's franchisee, will participate in the Bradesco BBI 9th Brazil Investment Forum in São Paulo, Brazil, from April 4 to April 5, 2023.

The Company operates over 2,300 McDonald's restaurants across 20 countries in Latin America and the Caribbean, employing more than 90,000 people as of December 31, 2022. For more details, visit www.arcosdorados.com/ir.

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Arcos Dorados Holdings announced record financial results for Q4 and full year 2022, with total revenue hitting $1 billion in a single quarter and $3.6 billion for the year, a 30.3% increase year-over-year. The company achieved a consolidated Adjusted EBITDA of $115.1 million in Q4, a 21.3% growth, and $390.1 million for the year, up 41.8%. Net income rose to $55.7 million ($0.26 per share) for Q4 and $144.8 million ($0.69 per share) for the year, marking historical highs. Digital sales contributed significantly, comprising 44% of systemwide sales in Q4. A cash dividend of $0.19 per share was declared for 2023.

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Arcos Dorados Holdings Inc. (NYSE: ARCO) will host a webcast on March 15, 2023 at 10:00 a.m. EST to discuss its Q4 and full-year results for 2022, releasing them before market open. CEO Marcelo Rabach and senior management will present, followed by a Q&A session. Participants can access the webcast through a designated link, with a replay available until May 16, 2023. As the largest independent McDonald's franchisee in Latin America and the Caribbean, Arcos Dorados operates over 2,300 restaurants and is deeply committed to community development and positive environmental impact.

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Arcos Dorados Holdings Inc. (NYSE: ARCO), the largest restaurant chain in Latin America and the world's biggest independent McDonald's franchisee, will participate in the BTG Pactual Brasil CEO Conference 2023 in São Paulo, Brazil. This in-person event is scheduled for February 14-15, 2023. Arcos Dorados operates over 2,300 McDonald's restaurants across 20 countries in Latin America and the Caribbean, employing more than 90,000 people. The company's commitment to community development and environmental sustainability is highlighted through its Recipe for the Future initiative. For more details, visit www.arcosdorados.com/ir.

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FAQ

What is the current stock price of ARCOS DORADOS HOLDINGS (ARCO)?

The current stock price of ARCOS DORADOS HOLDINGS (ARCO) is $8.8 as of November 14, 2024.

What is the market cap of ARCOS DORADOS HOLDINGS (ARCO)?

The market cap of ARCOS DORADOS HOLDINGS (ARCO) is approximately 1.8B.

What is Arcos Dorados Holdings Inc.?

Arcos Dorados Holdings Inc. is the world's largest independent McDonald's franchisee, operating in 20 countries across Latin America and the Caribbean.

What are the main business segments of Arcos Dorados?

The company operates through two main segments: company-operated restaurants and franchised restaurants.

What recent sustainability initiatives has Arcos Dorados undertaken?

Arcos Dorados recently expanded its use of UBQ™ materials in São Paulo and adopted JANUS® technology for food packaging in Argentina.

How many restaurants does Arcos Dorados operate?

As of June 30, 2023, Arcos Dorados operates over 2,300 McDonald's restaurants.

What is the 'Recipe for the Future' ESG platform?

'Recipe for the Future' is Arcos Dorados' ESG platform aimed at promoting sustainability and positive community impact.

Which stock exchange is Arcos Dorados listed on?

Arcos Dorados is listed on the New York Stock Exchange under the symbol ARCO.

Who are Arcos Dorados' sustainability partners?

Their partners include UBQ Materials and J&J Green Paper.

What are Arcos Dorados' environmental goals?

The company aims to reduce greenhouse gas emissions by 36% in restaurants and offices and by 31% in its supply chain by 2030.

What types of products are available on the Arcos Dorados menu?

The menu includes hamburgers, McNuggets, salads, sandwiches, and french fries.

How does Arcos Dorados contribute to sustainability?

The company integrates sustainable materials into its operations and promotes responsible waste management practices.

ARCOS DORADOS HOLDINGS INC.

NYSE:ARCO

ARCO Rankings

ARCO Stock Data

1.83B
130.66M
3.13%
44.35%
2.64%
Restaurants
Consumer Cyclical
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United States of America
Montevideo