STOCK TITAN

ARCOS DORADOS HOLDINGS INC. - ARCO STOCK NEWS

Welcome to our dedicated page for ARCOS DORADOS HOLDINGS news (Ticker: ARCO), a resource for investors and traders seeking the latest updates and insights on ARCOS DORADOS HOLDINGS stock.

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.

News
Rhea-AI Summary

Arcos Dorados Holdings, Inc. (NYSE: ARCO), Latin America's largest restaurant chain, announced a $0.15 per share dividend for 2022. This will be distributed in four quarterly installments: $0.04 on March 31, June 30, and September 30, and $0.03 on December 30, 2022. Shareholders of record will receive payments on March 28, June 27, September 26, and December 26, 2022. As of December 31, 2021, Arcos Dorados operated over 2,250 restaurants across 20 countries, employing over 90,000 people.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.91%
Tags
dividends
-
Rhea-AI Summary

Arcos Dorados Holdings, Inc. (NYSE: ARCO) reported robust fourth quarter and full-year results for 2021. Systemwide comparable sales grew by 33.6% year-over-year, with revenue reaching $777.1 million, up 28.3% from 2020. Consolidated Adjusted EBITDA hit a record $112.4 million, nearly doubled from the previous year. Net income also saw a significant rise, at $47.2 million, or $0.22 per share, compared to $0.11 in Q4 2020. The Board declared a $0.15 annual dividend. The company anticipates opening at least 200 new restaurants over the next three years.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.91%
Tags
-
Rhea-AI Summary

Arcos Dorados Holdings, Inc. (NYSE: ARCO), the largest restaurant chain in Latin America and the world's largest independent McDonald's franchisee, announced its Annual Shareholders’ Meeting (AGM) scheduled for April 29, 2022, in Mexico City at 10:00 a.m. local time. Shareholders of record as of March 28, 2022, will be eligible to attend. The company operates over 2,250 McDonald's restaurants across 20 countries in Latin America and the Caribbean, employing more than 90,000 people, focusing on community development and sustainable practices.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
conferences
Rhea-AI Summary

Arcos Dorados Holdings Inc. (NYSE: ARCO) will present its fourth quarter and annual results for 2021 on March 16, 2022, before market opening. The CEO Marcelo Rabach and senior management will host a webcast at 10:00 a.m. in New York (11:00 a.m. in Montevideo). Participants can join via the provided link. A replay will be available until May 17, 2022. As the largest independent McDonald’s franchisee in Latin America and the Caribbean, Arcos Dorados operates over 2,250 restaurants and employs over 90,000 people.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
Tags
none
-
Rhea-AI Summary

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 Credit Suisse 2022 Latin America Investment Conference from February 1 to February 3, 2022. The Company's sessions are scheduled for February 1 and 2. Arcos Dorados operates over 2,250 restaurants in 20 countries and territories, employing more than 90,000 individuals. The Company is committed to community development and environmental responsibility. For more details, visit www.arcosdorados.com/ir.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.88%
Tags
conferences
-
Rhea-AI Summary

Arcos Dorados Holdings (NYSE: ARCO) reported strong results for the fourth quarter of 2021, with systemwide comparable sales growing 24.2% on a two-year basis. Adjusted EBITDA surpassed the previous record set in Q4 2019, indicating strong profitability trends. The company plans to invest $650 million in capital expenditures from 2022 to 2024 and aims to open at least 200 new restaurants during this growth cycle. The outlook remains positive, driven by a robust balance sheet and growth support from McDonald’s.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.53%
Tags
none
Rhea-AI Summary

dLocal has partnered with Arcos Dorados to enhance payment processing in Uruguay, facilitating in-app purchases for food delivery through the McDonald's app. This collaboration aims to support the growing digital economy and streamline user experiences for customers utilizing credit and debit cards. By utilizing dLocal's expertise, Arcos Dorados is looking to improve convenience and expand its food delivery services, capitalizing on market growth.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
none
-
Rhea-AI Summary

Arcos Dorados Holdings Inc. (NYSE: ARCO), the largest independent McDonald's franchisee, will host its 2022 Investor Update Event and Webcast on January 26, 2022, in São Paulo, Brazil. The event will present future growth plans and the Company’s 3D Strategy (Digital, Delivery, Drive-thru) alongside its ESG platform. Pre-registration is required for in-person attendance, and a webcast option is available for analysts and investors unable to attend. A replay will be accessible until March 16, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.17%
Tags
none
-
Rhea-AI Summary

Arcos Dorados, the largest restaurant chain in Latin America and a McDonald's franchisee, reported a notable financial performance for Q3 2021. Systemwide comparable sales surged by 56.6%, contributing to total revenues of $723.4 million, a 60.1% increase in constant currency compared to 2020. Adjusted EBITDA reached $89.6 million, showing a significant rise from the previous year. Net income totaled $25.2 million, translating to $0.12 per share. The company's net debt to adjusted EBITDA improved to 2.0x. Arcos Dorados continues to show strong operational recovery despite ongoing challenges in Venezuela.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.2%
Tags
Rhea-AI Summary

On November 10, 2021, Arcos Dorados (NYSE: ARCO) will host a webcast to discuss its third quarter and nine-month results for the period ending September 30, 2021. The presentation will begin at 10:00 a.m. EST in New York and will be available via the company’s investor relations webpage. Led by CEO Marcelo Rabach, the session will include opening remarks and a Q&A segment. Following the live event, a replay will be accessible until February 10, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.63%
Tags
none

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
Link
United States of America
Montevideo