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Arcos Dorados Holdings Inc. reports developments tied to its McDonald's-branded restaurant operations in Latin America and the Caribbean. The company is an independent McDonald's franchisee with the exclusive right to own, operate and sub-franchise restaurants across 21 countries and territories, and it manages activity through Brazil, the North Latin American Division and the South Latin American Division.
Company news centers on operating and financial results, systemwide comparable sales, currency and macroeconomic conditions in key markets, annual report filings, shareholder meeting matters and investor communications. Updates also cover capital-structure actions, including debt and sustainability-linked note disclosures, along with community and environmental initiatives associated with the company's Recipe for the Future framework.
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.
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.
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.
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.
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.
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.
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.
Arcos Dorados (NYSE: ARCO), the largest restaurant chain in Latin America and the world's largest independent McDonald's franchisee, announced its participation in the BTG Pactual Latin American CEO Conference 2021. This virtual event will take place from October 5 to 7, 2021, with Arcos Dorados participating on October 6 and 7. The company operates over 2,250 McDonald's restaurants across 20 countries in Latin America and the Caribbean, employing over 100,000 people. For more details, visit their Investor Relations website.
Arcos Dorados Holdings Inc. (NYSE: ARCO), the largest restaurant chain in Latin America and the world's largest independent McDonald's franchisee, is participating in several upcoming investor events. These include LarrainVial’s 15th Annual Andean Conference from September 7-10, 2021, and Morgan Stanley’s 24th Annual Latin America Conference from September 13-16, 2021. The company is dedicated to community development and employs over 100,000 people across 2,250 restaurants in 20 countries. For more information, visit www.arcosdorados.com/ir.
Arcos Dorados Holdings Inc. (NYSE: ARCO), the largest restaurant chain in Latin America and the world's largest independent McDonald's franchisee, has announced its participation in several upcoming investor events. These include the JPMorgan Brazil Consumer and Healthcare Check-up on August 19, 22nd Santander Annual Conference on August 18 and 20, Credit Suisse Agribusiness, Food and Beverages Conference on August 23, and UBS III Mexico Consumer Round table on August 26, 2021. For more information, visit their IR website.