Arcos Dorados ( (ARCO) ) has released its Q4 earnings. Here is a breakdown of the information Arcos Dorados presented to its investors.
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Arcos Dorados Holdings Inc., the largest restaurant chain in Latin America and the Caribbean and the world’s largest independent McDonald’s franchisee, operates over 2,400 restaurants across 20 countries.
In its latest earnings report, Arcos Dorados announced record revenues of $4.5 billion for the full year 2024, marking its highest annual result in US dollars. The company also highlighted significant growth in digital sales and an expansion of its loyalty program.
Key financial metrics include a 5.9% increase in consolidated adjusted EBITDA to $500.1 million and a net income of $148.8 million for the year. The company’s digital sales channels contributed 57% of systemwide sales, and the loyalty program saw a substantial increase in membership. Arcos Dorados also opened 85 new restaurants in 2024, with a focus on modernizing its restaurant portfolio.
Looking ahead, Arcos Dorados remains optimistic about its strategic growth, supported by a strong balance sheet and a focus on digital and operational efficiencies. The company plans to continue expanding its restaurant footprint and enhancing its digital platforms to drive future growth.