Arcos Dorados Holdings Inc Stock Price, News & Analysis

Arcos Dorados Holdings Inc. (NYSE: ARCO) will host a webcast on May 17, 2023, at 10:00 a.m. ET to discuss its Q1 2023 financial results for the period ending March 31, 2023. CEO Marcelo Rabach and senior management will present the results, followed by a Q&A session. The financial results will be released before the market opens on the same day.

Participants can access the webcast via a link provided in the release and on the Company's Investor Relations website. A replay of the webcast will be available until August 17, 2023.

As the largest independent franchisee of McDonald's worldwide, Arcos Dorados operates over 2,300 restaurants in Latin America and the Caribbean, employing more than 95,000 individuals.

Arcos Dorados Holdings Inc. (NYSE: ARCO), the largest restaurant chain in Latin America and the world's largest independent McDonald's franchisee, will participate in the Bradesco BBI 9th Brazil Investment Forum in São Paulo, Brazil, from April 4 to April 5, 2023.

The Company operates over 2,300 McDonald's restaurants across 20 countries in Latin America and the Caribbean, employing more than 90,000 people as of December 31, 2022. For more details, visit www.arcosdorados.com/ir.

Arcos Dorados Holdings announced record financial results for Q4 and full year 2022, with total revenue hitting $1 billion in a single quarter and $3.6 billion for the year, a 30.3% increase year-over-year. The company achieved a consolidated Adjusted EBITDA of $115.1 million in Q4, a 21.3% growth, and $390.1 million for the year, up 41.8%. Net income rose to $55.7 million ($0.26 per share) for Q4 and $144.8 million ($0.69 per share) for the year, marking historical highs. Digital sales contributed significantly, comprising 44% of systemwide sales in Q4. A cash dividend of $0.19 per share was declared for 2023.

Arcos Dorados Holdings Inc. (NYSE: ARCO) will host a webcast on March 15, 2023 at 10:00 a.m. EST to discuss its Q4 and full-year results for 2022, releasing them before market open. CEO Marcelo Rabach and senior management will present, followed by a Q&A session. Participants can access the webcast through a designated link, with a replay available until May 16, 2023. As the largest independent McDonald's franchisee in Latin America and the Caribbean, Arcos Dorados operates over 2,300 restaurants and is deeply committed to community development and positive environmental impact.

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 BTG Pactual Brasil CEO Conference 2023 in São Paulo, Brazil. This in-person event is scheduled for February 14-15, 2023. Arcos Dorados operates over 2,300 McDonald's restaurants across 20 countries in Latin America and the Caribbean, employing more than 90,000 people. The company's commitment to community development and environmental sustainability is highlighted through its Recipe for the Future initiative. For more details, visit www.arcosdorados.com/ir.

Arcos Dorados, the largest independent McDonald's franchisee, reported robust growth with 35.7% comparable sales increase in Q4 2022, leading to a revenue exceeding $1.0 billion for the first time. Adjusted EBITDA reached a new record, surpassing previous highs from Q4 2021. The company opened 66 restaurants in 2022 and plans 75-80 openings in 2023, focusing on free-standing units. Digital sales contributed 44% of total sales, indicating strong market share growth, particularly in Digital and Delivery segments. Total capital expenditures for 2023 are projected at $350 million.

Arcos Dorados Holdings Inc. (NYSE: ARCO), the largest independent McDonald's franchisee, is set to host its 2023 Investor Update Event on February 02, 2023, in São Paulo, Brazil. The event will provide analysts and institutional investors with insights into the company’s fourth quarter 2022 results and guidance for 2023 unit growth and capital expenditures. Management will also discuss their 3D’s Strategy (Digital, Delivery, Drive-thru) and long-term growth outlook. Attendance requires pre-registration by January 27, 2023, with options for both in-person and online participation.

Arcos Dorados Holdings Inc. (NYSE: ARCO), the largest independent McDonald’s franchisee, is set to host its 2023 Investor Update Event on February 2, 2023, at 9:30 a.m. in São Paulo, Brazil. The event will focus on previewing Q4 2022 results and providing guidance on unit growth and capital expenditures for 2023. Additionally, management will discuss the company's 3D’s Strategy—Digital, Delivery, and Drive-thru. Participants can attend in person or via webcast, with pre-registration required by January 27, 2023.

Arcos Dorados (NYSE: ARCO) reported strong Q3 2022 results with systemwide comparable sales growing 34.2% year-over-year, aided by increased guest traffic and a 42% contribution from digital channels, totaling $916.3 million in revenue. Consolidated Adjusted EBITDA reached $103 million, up 15% year-over-year, while net income nearly doubled to $47.7 million or $0.23 per share. The company opened 15 new units, mainly in Brazil, and improved its net debt to Adjusted EBITDA ratio to 1.0x.