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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.
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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 location value="LS/br.sp"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.