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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, the largest independent McDonald's franchisee, reported robust growth with 35.7% comparable sales increase in Q4 2022, leading to a revenue exceeding $1.0 billion for the first time. Adjusted EBITDA reached a new record, surpassing previous highs from Q4 2021. The company opened 66 restaurants in 2022 and plans 75-80 openings in 2023, focusing on free-standing units. Digital sales contributed 44% of total sales, indicating strong market share growth, particularly in Digital and Delivery segments. Total capital expenditures for 2023 are projected at $350 million.

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Arcos Dorados Holdings Inc. (NYSE: ARCO), the largest independent McDonald's franchisee, is set to host its 2023 Investor Update Event on February 02, 2023, in São Paulo, Brazil. The event will provide analysts and institutional investors with insights into the company’s fourth quarter 2022 results and guidance for 2023 unit growth and capital expenditures. Management will also discuss their 3D’s Strategy (Digital, Delivery, Drive-thru) and long-term growth outlook. Attendance requires pre-registration by January 27, 2023, with options for both in-person and online participation.

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Arcos Dorados Holdings Inc. (NYSE: ARCO), the largest independent McDonald’s franchisee, is set to host its 2023 Investor Update Event on February 2, 2023, at 9:30 a.m. in São Paulo, Brazil. The event will focus on previewing Q4 2022 results and providing guidance on unit growth and capital expenditures for 2023. Additionally, management will discuss the company's 3D’s Strategy—Digital, Delivery, and Drive-thru. Participants can attend in person or via webcast, with pre-registration required by January 27, 2023.

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Arcos Dorados (NYSE: ARCO) reported strong Q3 2022 results with systemwide comparable sales growing 34.2% year-over-year, aided by increased guest traffic and a 42% contribution from digital channels, totaling $916.3 million in revenue. Consolidated Adjusted EBITDA reached $103 million, up 15% year-over-year, while net income nearly doubled to $47.7 million or $0.23 per share. The company opened 15 new units, mainly in Brazil, and improved its net debt to Adjusted EBITDA ratio to 1.0x.

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Arcos Dorados Holdings (NYSE: ARCO), a leading restaurant chain in Latin America and the largest independent McDonald's franchisee globally, announced its participation in the Barclays Eat, Sleep, Play Conference. This event will occur in New York from November 29 to November 30, 2022. Arcos Dorados operates over 2,250 restaurants and employs more than 90,000 people across 20 countries in Latin America and the Caribbean. The company is dedicated to community development and environmental sustainability.

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Arcos Dorados Holdings Inc. (NYSE: ARCO) will release its third quarter results for the period ending September 30, 2022, before markets open on November 16, 2022. The webcast will feature CEO Marcelo Rabach and senior management, followed by a Q&A session. Arcos Dorados is the largest independent McDonald's franchisee in Latin America and the Caribbean, operating over 2,250 restaurants and employing more than 90,000 people. Interested participants can join via a designated link and access a replay after the event.

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Arcos Dorados Holdings Inc. (NYSE: ARCO), the world's largest independent McDonald’s franchisee, announced its participation in two major investor events. The Credit Suisse 16th Annual LatAm Equities Conference will occur in New York from September 7 to 9, 2022, with participation on September 7 and 8. Additionally, the HSBC Global Emerging Markets Forum 2022 will be held virtually from September 13 to 30, with Arcos Dorados attending on September 29 and 30. More details are available on its Investor Relations website.

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Arcos Dorados Holdings, Inc. (NYSE: ARCO) reported robust financial results for Q2 2022, including a 47.9% increase in systemwide comparable sales year-over-year. Consolidated revenues reached $883.9 million, up 49.5% from the previous year. The company achieved a record Adjusted EBITDA of $92.4 million, nearly doubling from last year, and net income increased to $15.6 million or $0.07 per share. Digital channels accounted for 41% of total sales, reflecting strong growth across all divisions and a solid recovery in customer traffic.

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Arcos Dorados Holdings Inc. (NYSE: ARCO) will host a webcast on August 10, 2022, at 10:00 a.m. ET to discuss its Q2 2022 results, releasing prior to market open. CEO Marcelo Rabach and senior management will present the findings and engage in a Q&A session. The webcast can be accessed via the company's investor relations page and will be available for replay through November 2022.

Arcos Dorados is the largest independent McDonald’s franchisee in Latin America and the Caribbean, operating over 2,250 restaurants and employing more than 90,000 people.

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Arcos Dorados Holdings Inc. (NYSE: ARCO), the largest restaurant chain in Latin America and the world's leading independent McDonald's franchisee, announced its participation in key investor events in June 2022.

These include the BofA Securities 2022 Emerging Markets Debt and Equity Conference in Miami Beach on June 1-2, the Bradesco BBI 13th London Conference on June 8-9, and a JPMorgan virtual call on June 22. The company, which operates over 2,250 restaurants across Latin America and the Caribbean, remains committed to community development and environmental initiatives.

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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