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 |
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)
SCHEDULE 13G/A - Arcos Dorados Holdings Inc. (0001508478) (Subject)
SCHEDULE 13G/A - Arcos Dorados Holdings Inc. (0001508478) (Subject)
SCHEDULE 13G/A - Arcos Dorados Holdings Inc. (0001508478) (Subject)
SCHEDULE 13G/A - Arcos Dorados Holdings Inc. (0001508478) (Subject)
SCHEDULE 13G/A - Arcos Dorados Holdings Inc. (0001508478) (Subject)
20-F - 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)
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
Arcos Dorados Holdings Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company"), hereby announces that on this date the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 (the "2024 Annual Report") with the Securities and Exchange Commission (the "SEC"). The 2024 Annual Report can be accessed by visiting either the SEC's website at www.sec.gov or the SEC Filings section of the Company's investor relations website at ir.arcosdorados.com. In addition, shareholders may receive a hard copy of the Company's complete audited financial statements free of charge, by requesting a copy from: Investor Relations Contact Media Contact Dan Schleiniger David
Scheduled for: Wednesday, May 14, 2025 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, 2025, which will be released before the market opens on Wednesday, May 14, 2025. 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 2025 Earnings Webcast. The link will also be available on the Events section o
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 events: BTG Latam Opportunities Conference 2025. This in-person event will be held in London on Tuesday, March 18 and Wednesday, March 19, 2025, and the Company will participate on both days. Morgan Stanley 17th Annual Latin America Executive Conference. This in-person event will be held in New York on Wednesday, April 2 and Thursday, April 3, 2025, and the Company will participate on both days. Bradesco BBI 10th Brazil Investment Forum. This in-person
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 that on March 7, 2025, its Board of Directors set the date for the Company's Annual Shareholders' Meeting ("AGM"). The AGM will be held on April 25, 2025, in Willemstad, Curaçao, at 4:00 p.m. (local time), for all shareholders of record as of March 31, 2025. Follow us on: LinkedIn Instagram X YouTube About Arcos Dorados Arcos Dorados is the world's largest independent McDonald's franchisee, operating in Latin America and the Caribbean. It has the exclusive right to own, operate and grant franchi
Arcos Dorados Holdings Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company") today announced its intent to redeem all of its outstanding 5.875% senior notes due 2027 (the "Notes"). A notice of redemption will be sent to the holders of the Notes in accordance with the requirements of the indenture governing the Notes (the "Indenture"). Pursuant to the terms of the Indenture, the Notes will be redeemed at a redemption price equal to 100% of the outstanding principal amount of the Notes plus accrued and unpaid interest (including Additional Amounts, if any) from October 4, 2024, to, but excluding the redemption date. The anticipated redemption date is April 4, 2025. This press release does n
Scheduled for: Wednesday, March 12, 2025 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, 2024, which will be released before the market opens on Wednesday, March 12, 2025. 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 2024 Earnings Webcast. The link will also be availab
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: BTG Brazil CEO Conference 2025. This in-person event will be held in São Paulo, from Tuesday, February 25 to Thursday, February 27, 2025, and the Company will participate on February 26 and 27. 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 YouTube About Arcos Dorados Arcos Dorados is the world's largest independent McDonald's franchisee, o
Arcos Dorados Holdings Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company") today announced the tender results in connection with its offer to purchase for cash any and all of its outstanding 5.875% Notes due 2027 (the "Notes") (the "Offer"). The Offer was 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"). As previously announced, the expiration time for the Offer was 5:00 p.m., New York City time
Arcos Dorados Holdings Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company") today announced the pricing of U.S.$600,000,000 aggregate principal amount of 6.375% Senior Notes due 2032 (the "Notes") to be issued by its subsidiary Arcos Dorados B.V. (the "Issuer"). The Notes will be issued at a price of 99.583%. The Notes mature on January 29, 2032 and will be guaranteed on a senior unsecured basis by the Company and certain of the Company's subsidiaries. The Notes were offered 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 w
(CUSIP NOS. 03965U AC4 / G0457F AC1; ISINs US03965UAC45 / USG0457FAC17) Arcos Dorados Holdings Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company") today announced that it has extended the expiration deadline of its previously announced offer to purchase for cash any and all of its outstanding 5.875% Notes due 2027 (the "Notes") (the "Offer"). The Offer was previously scheduled to expire at 8:00 a.m., New York City time, on January 23, 2025 and will instead expire at 5:00 p.m., New York City time, on January 23, 2025 (the "Expiration Time"), unless further extended or early terminated by Arcos Dorados. If a holder of a Note has already validly tendered and not validly withdrawn Notes pur
Scheduled for: Wednesday, May 14, 2025 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, 2025, which will be released before the market opens on Wednesday, May 14, 2025. 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 2025 Earnings Webcast. The link will also be available on the Events section o
Scheduled for: Wednesday, March 12, 2025 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, 2024, which will be released before the market opens on Wednesday, March 12, 2025. 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 2024 Earnings Webcast. The link will also be availab
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
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