Arcos Dorados (ARCO) ended the recent trading session at $11.62, demonstrating a +0.87% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.38% loss on the day. Meanwhile, the Dow lost 0.16%, and the Nasdaq, a tech-heavy index, lost 0.13%.Prior to today's trading, shares of the restaurant owner had lost 10.7% over the past month. This has lagged the Retail-Wholesale sector's gain of 6.92% and the S&P 500's gain of 4.74% in that time.Investors will be eagerly watching for the p ...

In the latest market close, Arcos Dorados (ARCO) reached $11.56, with a -1.78% movement compared to the previous day. This change lagged the S&P 500's daily loss of 0.6%. On the other hand, the Dow registered a loss of 0.17%, and the technology-centric Nasdaq decreased by 0.92%.Shares of the restaurant owner have depreciated by 3.92% over the course of the past month, underperforming the Retail-Wholesale sector's gain of 5.07% and the S&P 500's gain of 3.56%.Investors will be eagerly watching for the perfor ...

MONTEVIDEO, Uruguay--(BUSINESS WIRE)--You are invited to join the senior management of Arcos Dorados Holdings Inc. (NYSE: ARCO) on a webcast to discuss the Company's results for the fourth quarter and full year ended December 31, 2023, which will be released before the market opens on Wednesday, March 13, 2024. Marcelo Rabach, Chief Executive Officer, and senior management will host the webcast. Opening remarks will be followed by a question and answer period. Participants will be able to join the webcast ...

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In the latest trading session, Arcos Dorados (ARCO) closed at $11.87, marking a -1% move from the previous day. This move lagged the S&P 500's daily gain of 0.06%. At the same time, the Dow added 0.13%, and the tech-heavy Nasdaq gained 0.24%.Coming into today, shares of the restaurant owner had lost 0.66% in the past month. In that same time, the Retail-Wholesale sector gained 8.04%, while the S&P 500 gained 6.45%.Analysts and investors alike will be keeping a close eye on the performance of Arcos Dorados i ...

Arcos Dorados (ARCO) closed the most recent trading day at $12.85, moving -0.93% from the previous trading session. This move lagged the S&P 500's daily gain of 1.07%. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq increased by 1.74%.Coming into today, shares of the restaurant owner had gained 8.9% in the past month. In that same time, the Retail-Wholesale sector gained 2.02%, while the S&P 500 gained 2.93%.The upcoming earnings release of Arcos Dorados will be of g ...

Core Insights - Arcos Dorados Holdings, Inc. (ARCO) reported strong systemwide comparable sales growth for Q4 2023 and the full year ending December 31, 2023, driven by its Three D's Strategy of Digital, Delivery, and Drive-thru [1] - The company anticipates opening 80 to 90 Experience of the Future (EOTF) restaurants in 2024, with a focus on free-standing units [4] - Total capital expenditures for 2023 were $350 million, with expectations for 2024 in the range of $300-$350 million [5] Systemwide Comparable Sales - In Q4 2023, systemwide comparable sales increased by 32.4%, down from 35.7% in the same period last year [2] - Brazil's systemwide comparable sales rose by 6.2% year-over-year, compared to a 21.9% increase a year ago [2] - The South Latin American Division (SLAD) saw a significant 94.7% year-over-year increase in systemwide comparable sales, compared to a 75.3% surge last year [3] Digital and Loyalty Program Performance - Digital channels contributed 53% to ARCO's systemwide sales in Q4 2023, with digital sales in constant currency rising by almost 65% [1][3] - The Loyalty Program surpassed three million members by the end of 2023, indicating increased customer engagement [1] Restaurant Openings - In 2023, ARCO opened 81 EOTF restaurants, with 50 located in Brazil [4] - The company plans to continue its expansion with 80 to 90 new openings in 2024, focusing on free-standing units [4] Capital Expenditures - Total capital expenditures for 2023 were $350 million, covering openings, modernizations, and investments in digital platforms [5] - For 2024, ARCO expects capital expenditures between $300-$350 million, funded by available cash and operational cash flow [5] Stock Performance - Arcos Dorados' shares surged by 49.9% over the past year, significantly outperforming the Zacks Retail - Restaurants industry's growth of 1.6% [6]

Core Insights - Arcos Dorados Holdings, Inc. reported strong systemwide comparable sales growth for Q4 and FY 2023, ahead of its earnings announcement scheduled for March 2024 [1] - The company continues to implement its Three D's Strategy (Digital, Delivery, and Drive-thru), which has significantly contributed to sales growth [2] Sales Performance - Systemwide comparable sales grew solidly in Q4, with Brazil experiencing a rebound in November and December after a challenging October [3] - Digital sales increased nearly 65% in constant currency, with Delivery sales up around 50% in Q4 [3] - Loyalty Program membership surpassed three million by the end of 2023, indicating strong customer engagement [2][3] Restaurant Openings and Capital Expenditures - In 2023, the company opened 81 Experience of the Future (EOTF) restaurants, with a focus on free-standing units [4] - For 2024, Arcos Dorados plans to open 80 to 90 EOTF restaurants, with approximately 90% being free-standing units [4] - Total capital expenditures for 2023 were approximately $350 million, in line with guidance, and projected capital expenditures for 2024 are estimated between $300 million and $350 million [4][6] Regional Performance - Brazil's comparable sales growth for FY 2023 was 9.9%, while NOLAD and SLAD regions reported 10.6% and 90.9% growth, respectively [5] - The company’s strong performance in NOLAD was particularly noted in Mexico and the French West Indies, despite challenges in Panama [3] Company Overview - Arcos Dorados is the largest independent McDonald's franchisee globally, operating over 2,300 restaurants across 20 Latin American and Caribbean countries [9] - The company is committed to community development and providing job opportunities for young people [9]

Company Performance - Arcos Dorados (ARCO) closed at $12.90, reflecting a -1.45% change from the previous day, underperforming the S&P 500's daily loss of 0.07% [1] - Over the past month, shares of Arcos Dorados have increased by 2.27%, while the Retail-Wholesale sector gained 1.02% and the S&P 500 rose by 3.05% [1] - The company is expected to report an EPS of $0.25, which is a decrease of 3.85% from the prior-year quarter, while revenue is anticipated to reach $1.16 billion, representing a 14.4% increase compared to the year-ago quarter [1] Analyst Estimates - Recent changes to analyst estimates for Arcos Dorados indicate a positive outlook for the company's business operations and profit generation [2] - The Zacks Rank system currently rates Arcos Dorados as 1 (Strong Buy), which has historically delivered an average annual return of +25% since 1988 [2] - Over the past month, the Zacks Consensus EPS estimate for Arcos Dorados has remained unchanged [2] Valuation Metrics - Arcos Dorados has a Forward P/E ratio of 13.83, which is lower than the industry's average Forward P/E of 19.79, indicating a valuation discount [3] - The company has a PEG ratio of 1.09, compared to the Retail - Restaurants industry's average PEG ratio of 1.84 [3] - The Retail - Restaurants industry, which includes Arcos Dorados, ranks in the top 44% of all industries according to the Zacks Industry Rank [3]