Arcos Dorados Holdings Inc Stock Price, News & Analysis

Arcos Dorados Holdings, Inc. (NYSE: ARCO) has announced a stock dividend for 2021, affirming its commitment to shareholders. The Board approved a distribution of one share for every seventy shares held, to be paid on July 23, 2021, for shareholders of record as of July 14, 2021. Fractional shares will be compensated in cash based on the Class A shares’ closing price on July 13, 2021. As the largest independent McDonald’s franchisee in the world, Arcos Dorados operates over 2,200 restaurants in 20 Latin American and Caribbean countries.

Arcos Dorados Holdings Inc. (NYSE: ARCO), the largest restaurant chain in Latin America and the world's biggest independent McDonald's franchisee, announced its participation in key investor events. The HSBC Andean Investor Trip will take place virtually on May 17, followed by the BTG Pactual CEO Conference Brasil 2021, scheduled from May 25 to May 27. The Company operates over 2,200 restaurants across 20 countries in Latin America and the Caribbean, employing over 100,000 people. More details can be found on their investor relations website.

Arcos Dorados Holdings, the largest restaurant chain in Latin America, reported Q1 2021 results with consolidated revenues of $559.8 million, down 9.1% year-over-year, but up 3.8% in constant currency. Systemwide comparable sales increased 2.1%, marking the first positive result since Q4 2019. The company's Adjusted EBITDA margin improved to 4.4%, and the net loss per share decreased to $(0.14), down from $(0.25) last year. Over 98% of restaurants were operating, with Brazil experiencing a significant market share gain.

Arcos Dorados Holdings Inc. (NYSE: ARCO) announced the filing of its 2020 Annual Report on Form 20-F with the SEC on April 29, 2021. This report covers the fiscal year ending December 31, 2020. It can be accessed through the SEC’s website or the Company’s official site. Arcos Dorados operates over 2,200 McDonald’s restaurants in 20 countries across Latin America and the Caribbean, employing more than 100,000 people. The Company emphasizes its commitment to community development and environmental sustainability.

Arcos Dorados (NYSE: ARCO) has announced a webcast scheduled for May 12, 2021, to discuss its financial results for the first quarter ended March 31, 2021. The event will feature remarks from CEO Marcelo Rabach and senior management, followed by a Q&A session. Participants can access the webcast link through the Company's Investor Relations webpage. The replay will be available until August 11, 2021. Arcos Dorados is recognized as the largest independent McDonald's franchisee in Latin America and the Caribbean, operating over 2,200 restaurants.

Arcos Dorados (NYSE: ARCO), the largest restaurant chain in Latin America, reported its Q4 results for 2020, revealing a consolidated revenue decline of 19.5% to $605.7 million. Full-year revenues fell 32.9% to $2.0 billion due to COVID-19 impacts. The company posted a basic net income of $0.12 per share for Q4, down from $0.18 in Q4 2019, while experiencing a full-year net loss of $(0.69) per share. Adjusted EBITDA for Q4 was $58.4 million, a significant drop from previous levels, and G&A expenses fell by 19.2%. Looking forward, the company anticipates market normalization but acknowledges short-term uncertainties.

Arcos Dorados Holdings, Inc. (NYSE: ARCO), Latin America’s largest restaurant chain and the world’s largest independent McDonald’s franchisee, has announced its Annual Shareholders’ Meeting (AGM) scheduled for April 28, 2021, at 10:00 a.m. (local time) in Bogota, Colombia. Shareholders of record as of March 26, 2021, are eligible to attend. The Company operates over 2,200 McDonald's restaurants across 20 Latin American and Caribbean countries, employing over 100,000 individuals. Arcos Dorados is committed to community development and environmental sustainability.