The earnings call reflected a generally positive outlook with record-breaking revenue, strong comparable sales, and digital growth demonstrating operational strength. However, challenges persisted with declines in adjusted EBITDA due to input cost pressures, particularly in Brazil. The positive impact of a federal tax credit provided some relief, but the underlying cost issues indicated ongoing challenges.

Company Guidance

In the third quarter of 2025, Arcos Dorados Holdings Inc. reported a record total revenue of $1.2 billion, with system-wide comparable sales increasing by 12.7%, aligning with the blended inflation rate for the period. Despite challenges such as consumer dynamics in key markets like Brazil and sustained input cost pressure, the company achieved an adjusted EBITDA of over $200 million. This figure reflects the net benefit of a federal tax credit in Brazil, which amounted to $125.2 million, including $39.6 million in interest. Excluding this tax impact and the prior year's social contribution recovery, adjusted EBITDA in US dollars declined by about 3%, primarily due to elevated food and paper costs. The company opened 22 new restaurants during the quarter, with more than half of the capital expenditures directed towards new restaurant growth, keeping Arcos Dorados on track to meet its annual guidance of 90 to 100 new openings. Digital sales continued to grow, increasing by over 11% compared to the previous year and accounting for 61% of system-wide sales, driven by robust performances in delivery and self-order kiosks. The loyalty program also expanded, reaching 23.6 million members, a nearly 50% increase from 2024, contributing to sustainable top-line growth.

Record-Breaking Revenue

Total revenue reached $1.2 billion in the third quarter, marking a new high for a single quarter with balanced US dollar growth across all divisions.

Strong Comparable Sales

System-wide comparable sales rose 12.7%, with particularly strong performance in SLAD, especially Argentina, and selected NOLAD markets such as Mexico.

Digital and Loyalty Program Growth

Digital channel sales rose more than 11% compared to the previous year, generating 61% of system-wide sales, with the loyalty program growing by nearly 50% to 23.6 million members.

Successful New Restaurant Openings

Opened 22 new restaurants in the quarter, contributing to the goal of 90 to 100 openings for the year.

Brand Strength and Market Share

Marketing efforts strengthened brand connection, helped protect or expand market share, and supported performance across markets.

Improved Digital Sales in Brazil

Digital sales in Brazil accounted for nearly 72% of system-wide sales, demonstrating notable strength in delivery and self-order kiosks.

Positive Tax Credit Impact

The company benefited from an $85.6 million net federal tax credit in Brazil, expected to positively impact cash flows.

Arcos Dorados Holdings (ARCO) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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ARCO Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Mar 18, 2026	2025 (Q4)	0.23 / -	0.28	―	―	―
Nov 12, 2025	2025 (Q3)	0.14 / 0.71	0.17	317.65% (+0.54)
Aug 13, 2025	2025 (Q2)	0.08 / 0.11	0.13	-15.38% (-0.02)
May 14, 2025	2025 (Q1)	0.12 / 0.07	0.14	-50.00% (-0.07)
Mar 12, 2025	2024 (Q4)	0.21 / 0.28	0.26	7.69% (+0.02)
Nov 13, 2024	2024 (Q3)	0.16 / 0.17	0.28	-39.29% (-0.11)
Aug 14, 2024	2024 (Q2)	0.13 / 0.13	0.13	0.00% (0.00)
May 15, 2024	2024 (Q1)	0.16 / 0.14	0.18	-22.22% (-0.04)
Mar 13, 2024	2023 (Q4)	0.32 / 0.26	0.26	0.00% (0.00)
Nov 16, 2023	2023 (Q3)	0.22 / 0.28	0.22	27.27% (+0.06)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ARCO Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 12, 2025	$7.21	$7.59	+5.27%
Aug 13, 2025	$6.89	$7.56	+9.72%
May 14, 2025	$8.02	$7.57	-5.61%
Mar 12, 2025	$7.62	$8.02	+5.25%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Arcos Dorados Holdings Inc (ARCO) report earnings?

Arcos Dorados Holdings Inc (ARCO) is schdueled to report earning on Mar 18, 2026, Before Open (Confirmed).

What is Arcos Dorados Holdings Inc (ARCO) earnings time?

Arcos Dorados Holdings Inc (ARCO) earnings time is at Mar 18, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ARCO EPS forecast?

ARCO EPS forecast for the fiscal quarter 2025 (Q4) is 0.24.

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