December 03, 2016 2:23 AM ET

Hotels, Restaurants and Leisure

Company Overview of Arcos Dorados Holdings, Inc.

Company Overview

Arcos Dorados Holdings Inc. operates as a franchisee of McDonald’s restaurants. It has the exclusive right to own, operate, and grant franchises of McDonald’s restaurants in 20 countries and territories in Latin America and the Caribbean, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curaçao, Ecuador, French Guiana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, Trinidad and Tobago, Uruguay, the U.S. Virgin Islands of St. Croix and St. Thomas, and Venezuela. As of December 31, 2015, the company operated and franchised 2,141 McDonald’s branded restaurants. Arcos Dorados Holdings Inc. was founded in 2007 and is based in Montevideo, Uruguay.

Dr. Luis Bonavita 1294

Office 501

11300 WTC Free Zone

Montevideo,  1636

Uruguay

Founded in 2007

Phone:

598 2626 3000

Key Executives for Arcos Dorados Holdings, Inc.

Arcos Dorados Holdings, Inc. does not have any Key Executives recorded.

Arcos Dorados Holdings, Inc. Key Developments

Arcos Dorados Holdings, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

Arcos Dorados Holdings, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported total revenue of $775.656 million against $753.695 million a year ago. Operating income was $38.557 million against $20.838 million a year ago. Income before income taxes was $16.237 million against loss of $21.698 million a year ago. Net loss attributable to company was $1.834 million or $0.01 per basic share against $35.924 million or $0.17 per basic share a year ago. The improvement reflects stronger operating results coupled with lower foreign exchange losses, partially offset by higher net interest and income tax expenses. Adjusted EBITDA was $63.158 million against $50.946 million a year ago. Brazil was the key contributor to expanded Adjusted EBITDA during the quarter, followed by the Caribbean division and NOLAD, while SLAD’s result declined due to margin contraction and the year-over-year depreciation of the Argentine peso. Net cash provided by operating activities was $50.5 million in the third quarter of 2016, while cash used in financing activities amounted to $65.5 million. During the quarter, capital expenditures totaled $24.2 million. For the nine months, the company reported total revenue of $2,121.471 million against $2,287.754 million a year ago. Operating income was $124.483 million against $40.129 million a year ago. Income before income taxes was $98.536 million against loss of $55.905 million a year ago. Net income attributable to company was $57.659 million or $0.27 per basic share against loss of $57.184 million or $0.27 per basic share a year ago. Adjusted EBITDA was $152.169 million against $133.853 million a year ago. Net financial debt was $499.345 million. During the first nine months of 2016, capital expenditures totaled $52.1 million.

Arcos Dorados Holdings, Inc., Q3 2016 Earnings Call, Nov 02, 2016

Arcos Dorados Holdings, Inc., Q3 2016 Earnings Call, Nov 02, 2016

Arcos Dorados Holdings, Inc. to Report Q3, 2016 Results on Nov 02, 2016

Arcos Dorados Holdings, Inc. announced that they will report Q3, 2016 results Pre-Market on Nov 02, 2016

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Recent Private Companies Transactions

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