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Arcos Dorados Holdings Inc - ARCO STOCK NEWS

Welcome to our dedicated news page for Arcos Dorados Holdings (Ticker: ARCO), a resource for investors and traders seeking the latest updates and insights on Arcos Dorados Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Arcos Dorados Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Arcos Dorados Holdings's position in the market.

Rhea-AI Summary
Arcos Dorados Holdings, Inc. (NYSE: ARCO) reported strong financial results for the fourth quarter and full year 2023, with total revenues reaching $1.2 billion and $4.3 billion, respectively. Systemwide comparable sales grew significantly, digital channel sales contributed significantly, and the Company's net income and Adjusted EBITDA showed positive trends. The Company also declared a cash dividend for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.5%
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earnings
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Rhea-AI Summary
Arcos Dorados Holdings, Inc. announces the date for its Annual Shareholders' Meeting in April 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
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conferences
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Rhea-AI Summary
Arcos Dorados Holdings Inc. (NYSE: ARCO) will discuss its Q4 and full-year 2023 results in a webcast led by CEO Marcelo Rabach. The webcast will follow the release of financial results on March 13, 2024. Participants can join the webcast via a provided link.
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earnings
Rhea-AI Summary
Arcos Dorados Holdings, Inc. reported a 32.4% systemwide comparable sales growth in the fourth quarter of 2023, with total revenue growing 15.4% versus the prior year quarter. The company opened 81 restaurants in 2023 and expects to open 80 to 90 restaurants in 2024, with a pipeline composed of 90% free-standing restaurants. The total capital expenditures in 2024 are expected to be $300 million to $350 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.9%
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earnings
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Rhea-AI Summary
Arcos Dorados Holdings Inc. (NYSE: ARCO) announced its participation in investor events, including Bradesco BBI Retail Days and BTG Pactual Brazil CEO Conference 2024. The events will be held in São Paulo in January and February 2024, with the Company participating on specific dates. More information is available on the Company's IR website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
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conferences
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Rhea-AI Summary
Arcos Dorados Holdings, Inc. (NYSE: ARCO) reported unaudited results for the three and nine months ended September 30, 2023. The company achieved a 37.3% year-over-year growth in systemwide comparable sales, reaching $1.1 billion in total revenues. Digital channels contributed 50% of systemwide sales, with $731.5 million. Consolidated Adjusted EBITDA was $129.1 million, and net income reached $59.7 million, or $0.28 per share. The company opened 27 restaurants in the quarter, including 25 free-standing locations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.54%
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earnings
Rhea-AI Summary
Arcos Dorados Holdings Inc. to discuss third quarter 2023 results in webcast
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End-of-Day
3.17%
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earnings
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Rhea-AI Summary
Arcos Dorados, the world's largest independent McDonald's franchisee, has expanded its partnership with UBQ Materials to implement building components 'Made with UBQ™' in its São Paulo-based restaurant. The new electrical conduits, connection boxes, and modular wood boards showcase sustainability initiatives and circular economy practices. Arcos Dorados aims to reduce greenhouse gas emissions by 36% in restaurants and offices and by 31% throughout the supply chain by 2030.
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-0.62%
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none
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Rhea-AI Summary
Arcos Dorados Holdings Inc. to participate in Goldman Sachs Global Retailing Conference
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End-of-Day
0.41%
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conferences
Rhea-AI Summary
Arcos Dorados Holdings, Inc. reported strong Q2 2023 results, with systemwide comparable sales growing 31.5% YoY and total revenues reaching $1.04 billion, up 17.2% in USD and 36.2% in constant currency. Consolidated Adjusted EBITDA was $110.1 million, up 20.5% in USD and 31.0% in constant currency. Net income in the quarter almost doubled the prior year result, reaching $28.4 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.79%
Tags
earnings
Arcos Dorados Holdings Inc

NYSE:ARCO

ARCO Rankings

ARCO Stock Data

2.32B
124.11M
3.13%
44.37%
1.59%
Food Service Contractors
Accommodation and Food Services
Link
Uruguay
Wtc Free Zone

About ARCO

Arcos Dorados Holdings Inc. is a company that owns the master franchise of the fast food restaurant chain McDonald’s in 20 countries within Latin America and the Caribbean. As of December 31, 2010, it represented 6.7% of McDonald's franchised restaurants globally.