Arcos Dorados Holdings Inc Stock Price, News & Analysis

Arcos Dorados Holdings Inc. (NYSE: ARCO) announced a cash tender offer to purchase all its 6.625% Notes due 2023 and up to $150,000,000 of its 5.875% Notes due 2027. The 2023 Notes are set to expire on April 22, 2022, while the 2027 Notes will expire on May 13, 2022. The company’s offers are conditioned on meeting financing requirements and may undergo adjustments. The tender offers are linked to a potential offering of new senior notes by its subsidiary Arcos Dorados B.V.

Arcos Dorados Holdings, Inc. (NYSE: ARCO) announced restated quarterly financials for 2019-2021 due to a divisional reorganization effective October 1, 2021. The restructuring aims to improve operational efficiency, creating three divisions: Brazil, North Latin America (NOLAD), and South Latin America (SLAD). In 2021, total revenues reached $2.66 billion, with NOLAD and SLAD showing significant growth in comparable sales, particularly SLAD, which recorded growth of 117.1% overall. Operating income for 2021 was $139.5 million, reflecting a recovery in performance across divisions.

Arcos Dorados Holdings, Inc. (NYSE: ARCO), Latin America's largest restaurant chain, announced a $0.15 per share dividend for 2022. This will be distributed in four quarterly installments: $0.04 on March 31, June 30, and September 30, and $0.03 on December 30, 2022. Shareholders of record will receive payments on March 28, June 27, September 26, and December 26, 2022. As of December 31, 2021, Arcos Dorados operated over 2,250 restaurants across 20 countries, employing over 90,000 people.

Arcos Dorados Holdings, Inc. (NYSE: ARCO) reported robust fourth quarter and full-year results for 2021. Systemwide comparable sales grew by 33.6% year-over-year, with revenue reaching $777.1 million, up 28.3% from 2020. Consolidated Adjusted EBITDA hit a record $112.4 million, nearly doubled from the previous year. Net income also saw a significant rise, at $47.2 million, or $0.22 per share, compared to $0.11 in Q4 2020. The Board declared a $0.15 annual dividend. The company anticipates opening at least 200 new restaurants over the next three years.

Arcos Dorados Holdings, Inc. (NYSE: ARCO), the largest restaurant chain in Latin America and the world's largest independent McDonald's franchisee, announced its Annual Shareholders’ Meeting (AGM) scheduled for April 29, 2022, in Mexico City at 10:00 a.m. local time. Shareholders of record as of March 28, 2022, will be eligible to attend. The company operates over 2,250 McDonald's restaurants across 20 countries in Latin America and the Caribbean, employing more than 90,000 people, focusing on community development and sustainable practices.

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.