Arcos Dorados Holdings Inc. operates as a franchisee of McDonald's restaurants. The company has the exclusive right to own, operate, and grant franchises of McDonald's restaurants in 20 countries and territories in Latin America and the Caribbean, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curacao, Ecuador, French Guiana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, Trinidad and Tobago, Uruguay, the U.S. Virgin Islands of St. Croix and St. Thomas, and Venezuela. As of December 31, 2020, it operated or franchised 2,236 restaurants. The company was founded in 2007 and is based in Montevideo, Uruguay.
IPO Year: 2011
Exchange: NYSE
Website: arcosdorados.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/1/2023 | $15.00 | Buy | Jefferies |
| 9/27/2022 | $9.00 | Overweight | Barclays |
| 4/4/2022 | $8.00 | Buy → Hold | HSBC Securities |
| 3/24/2022 | $7.80 → $10.00 | Neutral → Buy | BofA Securities |
| 2/23/2022 | $9.50 | Neutral → Outperform | Credit Suisse |
| 1/19/2022 | $6.00 → $7.00 | Neutral → Buy | Goldman Sachs |
| 9/20/2021 | Buy → Neutral | BofA Securities | |
| 7/2/2021 | $8.00 → $8.50 | Overweight | JP Morgan |
Arcos Dorados Holdings Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company") today announced that its subsidiary Arcos Dorados B.V. (the "Issuer") intends to offer senior unsecured notes (the "Notes") in a private placement to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non-U.S. persons in accordance with Regulation S under the Securities Act. The Notes are expected to be guaranteed on a senior unsecured basis by the Company and certain of the Company's subsidiaries. The timing of pricing and terms of the Notes are subject to market conditions and other factors. The proceeds
Arcos Dorados Holdings Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company") today announced the commencement of an offer to purchase for cash any and all of its outstanding 5.875% Notes due 2027 (the "Notes") (the "Offer"). The Offer is being made upon the terms and subject to the conditions (including the Financing Condition (as defined in the Offer to Purchase)) set forth in the offer to purchase dated January 15, 2025 (the "Offer to Purchase") and the notice of guaranteed delivery (the "Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Offer Documents"). The table below summarizes certain payment terms for the Notes: Description of Security CUSIP
Arcos Dorados Holdings Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company"), Latin America's largest restaurant chain and the world's largest independent McDonald's franchisee announced that, on December 30, 2024, it renewed its Master Franchise Agreement ("MFA") with McDonald's (NYSE:MCD). The parties have finalized a new, 20-year MFA, that became effective on January 1, 2025, and replaced the previous MFA. The new MFA also includes a renewal option, at McDonald's discretion, for a new, 20-year MFA, beginning January 1, 2045. As previously announced, the new MFA includes a royalty fee of gross sales of 6.0% for the first ten years, 6.25% for the subsequent five years and 6.5% for the fi
Total revenues of $1.1 billion established a new high for a third quarter. Systemwide comparable sales1 grew 32.1% year-over-year, with positive average check and guest volume contributing to the result. Digital channel sales (from Mobile App, Delivery and Self-order Kiosks) rose 16% versus the prior year period and represented 58% of systemwide sales in third quarter. Loyalty Program implemented in three markets, grew to 12.9 million registered members2. Consolidated Adjusted EBITDA1 was $125.0 million, with an 11.0% margin. Net Income was $35.2 million in the quarter, or $0.17 per share. Arcos Dorados Holdings Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company"), Latin A
Scheduled for: Wednesday, November 13, 2024 10:00 a.m. New York / 12:00 p.m. Montevideo You are invited to join the senior management of Arcos Dorados Holdings Inc. (NYSE:ARCO) on a webcast to discuss the Company's results for the third quarter ended September 30, 2024, which will be released before the market opens on Wednesday, November 13, 2024. Marcelo Rabach, Chief Executive Officer, and senior management will host the webcast. Opening remarks will be followed by a question and answer period. Participants will be able to join the webcast (Google Chrome is recommended) using the following link: Arcos Dorados Third Quarter 2024 Results Webcast. The link will also be available on the
Arcos Dorados Holdings Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company"), Latin America's largest restaurant chain and the world's largest independent McDonald's franchisee, notified McDonald's (NYSE:MCD) that it will exercise its option to renew its Master Franchise Agreement ("MFA") with McDonald's. As previously disclosed, Arcos Dorados received a Renewal Notice from McDonald's, on August 1, 2024, to replace the parties' existing MFA with a new, 20-year MFA, to be effective as of January 1, 2025. On September 30, 2024, and in line with the current MFA's renewal procedures, Arcos Dorados provided notice to McDonald's of its intention to exercise its Renewal Option. The parties are now
Total revenues of $1.1 billion in the quarter, up 6.8% in US dollars versus the prior year period. Systemwide comparable sales¹ grew 40.8% year-over-year, including strong guest volume growth. Digital channels (Mobile App, Delivery and Self-order Kiosks) accounted for more than 57% of systemwide sales in the period, including 24% identified sales. Loyalty Program implemented in three markets, grew to 11.2 million registered members2. Consolidated Adjusted EBITDA¹ was $118.8 million, rising 7.9% year-over-year in US dollars. Net Income was $26.6 million in the second quarter, or $0.13 per share. Arcos Dorados Holdings Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company"), La
Scheduled for: Wednesday, August 14, 2024 10:00 a.m. New York / 11:00 a.m. Montevideo You are invited to join the senior management of Arcos Dorados Holdings Inc. (NYSE:ARCO) on a webcast to discuss the Company's results for the second quarter ended June 30, 2024, which will be released before the market opens on Wednesday, August 14, 2024. Marcelo Rabach, Chief Executive Officer, and senior management will host the webcast. Opening remarks will be followed by a question and answer period. Participants will be able to join the webcast (Google Chrome is recommended) using the following link: Arcos Dorados Second Quarter 2024 Results Webcast. The link will also be available on the Events
Arcos Dorados Holdings, Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company"), Latin America's largest restaurant chain and the world's largest independent McDonald's franchisee, today announced its participation in the following investor event: Bradesco BBI 15th London Conference. This in-person event will be held in London, on Wednesday, June 5, and Thursday, June 6, 2024, and the Company will participate on both days. This information is also available in the Events section of the Company's IR website: www.arcosdorados.com/ir. Follow us on: LinkedIn, Instagram, X/Twitter, YouTube About Arcos Dorados Arcos Dorados is the world's largest independent McDonald's franchisee, operati
J&J Green Paper Commends Arcos Dorados for moving towards a more sustainable future.The largest McDonald's franchise in the world that operates the brand in Argentina began to implement a change in the primary bags and wrappers of hamburgers.JANUS® is an all-natural coating that creates a barrier to grease, water and oxygen when applied to paper for food packaging, like wrap paper, boxes, cups, utensils, K-cups, and straws.The organic JANUS compound is 100% biodegradable, backyard compostable, repulpable and recyclable. JANUS replaces the current coating standard – petroleum-derived polyethylene – offering a solution to single-use plastics and PFAS chemicals, each a well-known health and en
6-K - Arcos Dorados Holdings Inc. (0001508478) (Filer)
6-K - Arcos Dorados Holdings Inc. (0001508478) (Filer)
6-K - Arcos Dorados Holdings Inc. (0001508478) (Filer)
SCHEDULE 13G/A - Arcos Dorados Holdings Inc. (0001508478) (Subject)
6-K - Arcos Dorados Holdings Inc. (0001508478) (Filer)
6-K - Arcos Dorados Holdings Inc. (0001508478) (Filer)
6-K - Arcos Dorados Holdings Inc. (0001508478) (Filer)
6-K - Arcos Dorados Holdings Inc. (0001508478) (Filer)
6-K - Arcos Dorados Holdings Inc. (0001508478) (Filer)
6-K - Arcos Dorados Holdings Inc. (0001508478) (Filer)
Jefferies initiated coverage of Arcos Dorados with a rating of Buy and set a new price target of $15.00
Barclays initiated coverage of Arcos Dorados with a rating of Overweight and set a new price target of $9.00
HSBC Securities downgraded Arcos Dorados from Buy to Hold and set a new price target of $8.00
BofA Securities upgraded Arcos Dorados from Neutral to Buy and set a new price target of $10.00 from $7.80 previously
Credit Suisse upgraded Arcos Dorados Holdings from Neutral to Outperform and set a new price target of $9.50
Goldman Sachs upgraded Arcos Dorados Holdings from Neutral to Buy and set a new price target of $7.00 from $6.00 previously
BofA Securities downgraded Arcos Dorados from Buy to Neutral
JP Morgan resumed coverage of Arcos Dorados with a rating of Overweight and set a new price target of $8.50 from $8.00 previously
Goldman initiated coverage of Arcos Dorados with a rating of Neutral and set a new price target of $5.60
Bradesco downgraded Arcos Dorados Holdings from Outperform to Neutral
Total revenues of $1.1 billion established a new high for a third quarter. Systemwide comparable sales1 grew 32.1% year-over-year, with positive average check and guest volume contributing to the result. Digital channel sales (from Mobile App, Delivery and Self-order Kiosks) rose 16% versus the prior year period and represented 58% of systemwide sales in third quarter. Loyalty Program implemented in three markets, grew to 12.9 million registered members2. Consolidated Adjusted EBITDA1 was $125.0 million, with an 11.0% margin. Net Income was $35.2 million in the quarter, or $0.17 per share. Arcos Dorados Holdings Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company"), Latin A
Total revenues of $1.1 billion in the quarter, up 6.8% in US dollars versus the prior year period. Systemwide comparable sales¹ grew 40.8% year-over-year, including strong guest volume growth. Digital channels (Mobile App, Delivery and Self-order Kiosks) accounted for more than 57% of systemwide sales in the period, including 24% identified sales. Loyalty Program implemented in three markets, grew to 11.2 million registered members2. Consolidated Adjusted EBITDA¹ was $118.8 million, rising 7.9% year-over-year in US dollars. Net Income was $26.6 million in the second quarter, or $0.13 per share. Arcos Dorados Holdings Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company"), La
Total revenues reached $1.2 billion in the fourth quarter and $4.3 billion for the full year 2023, the Company's strongest US dollar results for both periods Systemwide comparable sales1 grew 32.4% in the fourth quarter and 34.6% in the full year 2023, up 1.1x and 1.3x blended inflation, respectively Digital channel sales (Mobile App, Delivery and Self-order Kiosks) contributed 53% of the fourth quarter's systemwide sales, including 21% identified sales Consolidated Adjusted EBITDA1 in the fourth quarter and full year were $132.6 million and $472.3 million, respectively, also the Company's strongest US dollar results for each period Net Income in the fourth quarter was $55.8 mi
Systemwide comparable sales¹ grew 37.3% year-over-year, supported by strong sales volume across all divisions Total revenues reached $1.1 billion in the quarter, up 22.1% in US dollars and 42.9% in constant currency, versus the prior year period Digital channel sales (Delivery, Mobile App and Self-order Kiosks) contributed 50% of systemwide sales, reaching $731.5 million Consolidated Adjusted EBITDA¹ was $129.1 million, up 25.8% in US dollars and 43.9% in constant currency Net Income reached $59.7 million, or $0.28 per share, up from $0.22 per share in the prior year quarter Arcos Dorados Holdings, Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company"), Latin America's largest
Systemwide comparable sales¹ grew 31.5% year-over-year, with strong sales and market share performance in all divisions Total revenues reached $1.04 billion in the quarter, up 17.2% in US dollars and 36.2% in constant currency, versus the prior year period Digital channel sales (Delivery, Mobile App and Self-order Kiosks), reached $665.9 million, representing 49% of systemwide sales in the second quarter Consolidated Adjusted EBITDA¹ was $110.1 million, up 20.5% in US dollars and 31.0% in constant currency Net Income in the quarter grew to $28.4 million, or $0.13 per share, almost doubling the prior year result Arcos Dorados Holdings, Inc. (NYSE:ARCO) ("Arcos Dorados" or the
Systemwide comparable sales¹ grew 37.6% year-over-year, supported by higher guest volume across all divisions Total revenue totaled $990.8 million in the first quarter, rising 25.3% year-over-year Digital channels (Delivery, Mobile App and Self-order Kiosks) continued to drive topline performance, representing about 47% of systemwide sales in the first quarter Consolidated Adjusted EBITDA¹ in US dollars was $100.5 million, up 28.0% versus the prior year Net Income was $37.4 million in the quarter, or $0.18 per share, compared to $0.12 per share in the prior year quarter Arcos Dorados Holdings, Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company"), Latin America's largest resta
Systemwide comparable sales¹ grew 34.2% year-over-year, boosted by higher guest traffic and market share gains across the region Digital channels (Delivery, Mobile App and Self-order Kiosks) contributed 42% of systemwide sales¹ and set a new Digital sales record in US dollars, with strong growth in all channels Consolidated Adj. EBITDA¹ of $103.0 million, up 15.0% in US dollars and 27% in constant currency Net Income¹ reached $47.7 million, or $0.23 per share, almost double the prior year result Arcos Dorados Holdings Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company"), Latin America's largest restaurant chain and the world's largest independent McDonald's franchisee, today reporte
Systemwide comparable sales¹ grew 42.0% year-over-year, driven primarily by higher guest volume across all divisions Digital channels (Delivery, Mobile App and Self-order Kiosks) generated 38% of systemwide sales in the quarter, with record Delivery, Self-order Kiosk and Order Ahead sales Consolidated Adjusted EBITDA¹ in US dollars reached a first-quarter record of $79.6 million, and trailing twelve month Adjusted EBITDA was the highest in the Company's history Net Income¹ reached $25.9 million, or $0.12 per share, compared with net loss of $(0.13) per share in the prior year quarter Arcos Dorados Holdings, Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company"), Latin America's larges
Arcos Dorados Holdings, Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company"), Latin America's largest restaurant chain and the world's largest independent McDonald's franchisee, today announced a dividend for 2022. On March 15, 2022, the Board of Directors approved a dividend for 2022. As such, the Company will pay $0.15 per share to all Class A and Class B shareholders of the Company in four quarterly installments, as follows: $0.04 per share on March 31, 2022, $0.04 per share on June 30, 2022, $0.04 per share on September 30, 2022, and $0.03 per share on December 30, 2022. The payments will be made to shareholders of record as of March 28, 2022, June 27, 2022, September 26, 2022, and Dece
Systemwide comparable sales1 grew 98.7% versus the prior year and were nearly flat on a 2-year basis, as operating conditions improved throughout the quarter Total revenues1 rebounded strongly in constant currency, rising 104.5% versus 2020 and 4.2% on a 2-year basis The three D's added strong Drive-thru and record Delivery sales, up 29% and 94% in constant currency, respectively, with Digital generating 39% of total sales1 Consolidated1 Adjusted EBITDA reached $48.3 million, up 12.6% in constant currency on a 2-year basis Net Income of $5.3 million, or $0.03 per share, rebounded strongly from a $(0.42) per share loss in the prior year quarter. Net Debt to Adjusted EBITDA de
Scheduled for: Wednesday, November 13, 2024 10:00 a.m. New York / 12:00 p.m. Montevideo You are invited to join the senior management of Arcos Dorados Holdings Inc. (NYSE:ARCO) on a webcast to discuss the Company's results for the third quarter ended September 30, 2024, which will be released before the market opens on Wednesday, November 13, 2024. Marcelo Rabach, Chief Executive Officer, and senior management will host the webcast. Opening remarks will be followed by a question and answer period. Participants will be able to join the webcast (Google Chrome is recommended) using the following link: Arcos Dorados Third Quarter 2024 Results Webcast. The link will also be available on the
Scheduled for: Wednesday, August 14, 2024 10:00 a.m. New York / 11:00 a.m. Montevideo You are invited to join the senior management of Arcos Dorados Holdings Inc. (NYSE:ARCO) on a webcast to discuss the Company's results for the second quarter ended June 30, 2024, which will be released before the market opens on Wednesday, August 14, 2024. Marcelo Rabach, Chief Executive Officer, and senior management will host the webcast. Opening remarks will be followed by a question and answer period. Participants will be able to join the webcast (Google Chrome is recommended) using the following link: Arcos Dorados Second Quarter 2024 Results Webcast. The link will also be available on the Events
Scheduled for: Wednesday, May 15, 2024 10:00 a.m. New York / 11:00 a.m. Montevideo You are invited to join the senior management of Arcos Dorados Holdings Inc. (NYSE:ARCO) on a webcast to discuss the Company's results for the first quarter ended March 31, 2024, which will be released before the market opens on Wednesday, May 15, 2024. Marcelo Rabach, Chief Executive Officer, and senior management will host the webcast. Opening remarks will be followed by a question and answer period. Participants will be able to join the webcast (Google Chrome is recommended) using the following link: Arcos Dorados First Quarter 2024 Results Webcast. The link will also be available on the Events secti
Scheduled for: Wednesday, March 13, 2024 10:00 a.m. New York / 11:00 a.m. Montevideo You are invited to join the senior management of Arcos Dorados Holdings Inc. (NYSE:ARCO) on a webcast to discuss the Company's results for the fourth quarter and full year ended December 31, 2023, which will be released before the market opens on Wednesday, March 13, 2024. Marcelo Rabach, Chief Executive Officer, and senior management will host the webcast. Opening remarks will be followed by a question and answer period. Participants will be able to join the webcast (Google Chrome is recommended) using the following link: Arcos Dorados Fourth Quarter 2023 Results Webcast. The link will also be availabl
Scheduled for: Thursday, November 16, 2023 10:00 a.m. New York / 12:00 p.m. Montevideo You are invited to join the senior management of Arcos Dorados Holdings Inc. (NYSE:ARCO) on a webcast to discuss the Company's results for the third quarter ended September 30, 2023, which will be released before the market opens on Thursday, November 16, 2023. Marcelo Rabach, Chief Executive Officer, and senior management will host the webcast. Opening remarks will be followed by a question and answer period. Participants will be able to join the webcast (Google Chrome is recommended) using the following link: Arcos Dorados Third Quarter 2023 Results Webcast. The link will also be available on the Ev
Systemwide comparable sales¹ grew 47.9% year-over-year, driven primarily by higher sales volume across all divisions Digital channels (Delivery, Mobile App and Self-order Kiosks) set a new quarterly sales record, generating 41% of systemwide sales, with Delivery sales up over 23% in constant currency Consolidated Adjusted EBITDA¹ in US dollars reached a second-quarter record of $92.4 million Net Income¹ reached $15.6 million, or $0.07 per share, up from $0.03 per share in the prior year quarter Arcos Dorados Holdings, Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company"), Latin America's largest restaurant chain and the world's largest independent McDonald's franchisee, today reporte
Systemwide comparable sales1 grew 56.6% and rose 16.5% on a 2-year basis, including positive 2-year comparable sales growth in all divisions Total Revenues1 reflected a more normalized operating environment, rising 60.1% in constant currency versus 2020 and 24.0% on a 2-year constant currency basis Drive-thru and Delivery together contributed 49% to systemwide sales1, while Digital generated 36% of total sales even with improved on-premise sales performance Consolidated Adjusted EBITDA1 reached $89.6 million, more than three times higher than the prior year and up 54.8% versus the 3Q19 in constant currency Net Income1 of $25.2 million, or $0.12 per share, compared with a $(0.14
SC 13G - Arcos Dorados Holdings Inc. (0001508478) (Subject)
SC 13G - Arcos Dorados Holdings Inc. (0001508478) (Subject)
SC 13G/A - Arcos Dorados Holdings Inc. (0001508478) (Subject)
SC 13G/A - Arcos Dorados Holdings Inc. (0001508478) (Subject)
SC 13G/A - Arcos Dorados Holdings Inc. (0001508478) (Subject)
SC 13G/A - Arcos Dorados Holdings Inc. (0001508478) (Subject)
SC 13G/A - Arcos Dorados Holdings Inc. (0001508478) (Subject)
SC 13G/A - Arcos Dorados Holdings Inc. (0001508478) (Subject)
SC 13G - Arcos Dorados Holdings Inc. (0001508478) (Subject)
SC 13G/A - Arcos Dorados Holdings Inc. (0001508478) (Subject)