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Why is ARCO up 2.84%?
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ARCO:NYSE
Arcos Dorados Holdings Inc
$7.98
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+2.84%(+0.22) 1D
Oct 13, 3:38:47 PM GMT-4 · USD
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| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for ARCO...
Open
$7.78
High
$8.03
Low
$7.72
Mkt. cap
1.66B
Avg. vol.
1.86M
Volume
2.13M
Dividend
3.51%
Quarterly dividend
$0.07
Ex-dividend date
Dec 23, 2026
P/E ratio
6.55
52-wk high
$9.75
52-wk low
$6.67
EPS
$1.22
Beta
0.47
Shares outstanding
128.35M
No. of employees
97K
Open
$7.78
High
$8.03
Low
$7.72
Mkt. cap
1.66B
Avg. vol.
1.86M
Volume
2.13M
Dividend
3.51%
Quarterly dividend
$0.07
Ex-dividend date
Dec 23, 2026
P/E ratio
6.55
52-wk high
$9.75
52-wk low
$6.67
EPS
$1.22
Beta
0.47
Shares outstanding
128.35M
No. of employees
97K
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Profile
Arcos Dorados Holdings is the master franchise of the fast food restaurant chain McDonald's in 20 countries and territories across Latin America and the Caribbean. As of October 2024, it operates nearly 2,400 restaurants, making it the largest independent McDonald's franchisee in the world and the largest quick-service restaurant chain in Latin America and the Caribbean, serving over 4.3 million customers daily.
The company generates revenue through sales from company-operated restaurants and rental income from franchised restaurants. The rental income is structured as either a flat fee or a percentage of sales, depending on which is higher. As of June 30, 2024, Arcos Dorados employs more than 100,000 individuals across its operations.
In terms of market presence, Arcos Dorados represented approximately 6.7% of McDonald's franchised restaurants globally as of its last reporting period. A new 20-year master franchise agreement with McDonald's is set to take effect on January 1, 2025. This agreement includes a royalty structure starting at 6% for the first ten years, increasing incrementally thereafter. Wikipedia
About Arcos Dorados Holdings Inc
CEOMarcelo Rabach
Employees96.8K
FoundedAug 3, 2007
Headquarters-
SectorRestaurant
Websitearcosdorados.com