Arcos Dorados Holdings Inc. (ARCO) is scheduled to report third-quarter 2024 results on Nov. 13.ARCO’s Q3 EstimatesThe Zacks Consensus Estimate for earnings is pegged at 16 cents per share, down 46.7% year over year. In the past 30 days, earnings estimates have remained stable. The consensus mark for revenues is pegged at $1.11 billion, down 0.4% year over year.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Factors to Note Ahead of ARCO’s Q3 ReleaseArcos Dorados’ upcoming quarterly r ...

Fast growth, a cheap valuation, and an unchanged royalty rate make Arcos Dorados stock a bargain.Shares of McDonald's (MCD -0.10%) South America, Central America, and Caribbean franchisee Arcos Dorados (ARCO 12.33%) leapt 16% higher through 9:45 a.m. ET Tuesday. The catalyst was what seems to be a rather run-of-the-mill announcement: Arcos Dorados has exercised its option to renew its master franchise agreement (MFA) with the restaurant chain.It's the specifics of the renewal, though, that are driving Arcos ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Arcos Dorados Holdings Inc. (ARCO) is a McDonald's franchisee company. The Zacks Consensus Estimate for its current year earnings has been revised 10% downward over the last 60 days.BM Technologies, Inc. (BMTX) is a financial technology company. The Zacks Consensus Estimate for its current year earnings has been revised 132.1% downward over the last 60 days.Bio-Techne Corporation (TECH) is a life sciences and diagnostics company.The Z ...

Arcos Dorados Holdings Inc. (ARCO) reported second-quarter 2024 results, wherein earnings came in line with the Zacks Consensus Estimate while revenues surpassed the same. The top line beat the estimate for the fourth straight quarter. The company’s shares declined 4.7% on Aug 15 following the results.Delving DeeperARCO reported adjusted earnings per share (EPS) of 13 cents in the second quarter. The metric remained flat year over year.It reported quarterly revenues of $1,110.9 million, beating the consensu ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Arcos Dorados Holdings Inc. (ARCO) is a franchisee of McDonald’s restaurants. The Zacks Consensus Estimate for its current year earnings has been 13.5% downward over the last 60 days.CONMED Corporation (CNMD) is a medical technology company that sells surgical devices. The Zacks Consensus Estimate for its current year earnings has been revised 7.2% downward over the last 60 days.CVS Health Corporation (CVS) is a provider of healthcare ...

文章核心观点 - Arcos Dorados是拉丁美洲最大的独立麦当劳特许经营商,在该地区快餐行业占据主导地位,具有较强的护城河 [6] - 拉丁美洲经济正在快速增长,中产阶级不断扩大,为公司提供了良好的发展机遇 [7] - 公司数字渠道收入占比较高,毛利率较高,是公司业绩增长的重要驱动因素 [13] 公司表现总结 - 公司营收同比增长6.7%,超过行业平均水平,主要得益于阿根廷市场的强劲表现 [12] - 公司系统性同店销售增长40.8%,剔除阿根廷因素后增长10.2%,高于通胀水平2.4倍 [13] - 公司EBITDA利润率有所扩大,但净利润同比下降,每股收益持平 [14] - 公司现金流充足,维持了良好的资产负债表状况 [14] 估值与行业对比 - 公司估值水平相对麦当劳更具吸引力,市盈率仅为后者的一半,但分红增长前景更为不确定 [15] - 公司长期分红增长有望超过麦当劳,为投资者带来额外收益 [15] 技术面分析 - 公司股价呈现上升趋势,但面临150日均线附近的阻力位,若未能突破可能会回调至9美元或7.5美元附近支撑位 [16] - 若能突破阻力位,有望在2025年初创出新高 [16]

财务数据和关键指标变化 - 第二季度调整后EBITDA与收入增长基本持平,保持相对稳定的利润率 [26] - 第二季度EBITDA为历史同期第二高,预计全年EBITDA将创历史新高 [32] - 第二季度营业收入同比增长6.8%,创历史同期最高 [10] 各条业务线数据和关键指标变化 - 巴西同店销售增长10.2%,是通胀的2.6倍,销量和客单价贡献相当 [16] - 北拉美(NOLAD)同店销售增长是该地区通胀的2.5倍,主要来自客流量增长 [18] - 南拉美(SLAD)同店销售增长是该地区通胀的2倍,客流量贡献近一半 [20] - 阿根廷市场消费环境仍然很有挑战,但公司通过提供最佳价值主张来保持市场份额 [21] 各个市场数据和关键指标变化 - 巴西数字渠道销售占比达67%,其中识别销售占28% [16] - 北拉美数字渠道销售增长超60%,占比大幅提升 [18] - 南拉美数字渠道销售增长超30%(不含阿根廷) [20] - 公司在主要市场如巴西、智利、哥伦比亚等均实现了市场份额的显著提升 [23] 公司战略和发展方向及行业竞争 - 公司"3D"战略(数字化、外卖、自驾)已成为拉美快餐行业的新标准 [11][12] - 公司持续扩张门店网络,上半年新开37家EOTF门店,其中34家独立门店 [13] - 新门店首年投资回报率保持强劲,将支持未来多年的门店扩张 [13] - 公司在主要市场的市场份额均有所提升,领先竞争对手 [23] 管理层对经营环境和未来前景的评论 - 尽管面临宏观经济和消费环境的挑战,但公司业绩表现仍保持强劲 [8][9] - 公司有信心通过执行"3D"战略,持续提供最佳客户体验,实现可持续增长 [42][43] - 公司看好拉美地区快餐行业和麦当劳品牌的巨大增长潜力 [41] 其他重要信息 - 麦当劳已向公司发出续签20年特许经营协议的通知,双方正在就此进行谈判 [39][40][41] - 公司致力于通过"未来食谱"ESG计划为所在社区创造积极影响 [44] 问答环节重要的提问和回答 问题1 **Alejandro Fuchs 提问** 除去巴西劳工风险准备金的积极影响,公司利润率出现下降,主要来自哪些方面的压力 [53] **Mariano Tannenbaum 回答** 主要来自于外卖业务占比提升、公用事业成本上涨以及信息技术投入增加等因素 [54][55][56][57] 问题2 **Thiago Bortoluci 提问** 公司是否有信心未来几年能够保持同店销售增速超过通胀 [64] **Luis Raganato 回答** 公司有信心未来几年能够保持同店销售增速超过通胀,主要依靠"3D"战略的持续执行、产品类别创新以及运营改善 [66][67] 问题3 **Bob Ford 提问** 公司自有外卖解决方案的初期费用压力以及长期影响如何 [92] **Luis Raganato 回答** 自有外卖系统成本略有压力,但长期来看可以提供更低成本和更优质服务,目前规模还较小但正在探索可扩展的物流模式 [93]

业绩总结 - 2024年第二季度总收入为11亿美元，系统范围内可比销售增长40.8%[10] - 2024年第二季度净收入为2660万美元，每股收益为0.13美元[10] - 2024年第二季度调整后EBITDA为1.188亿美元，EBITDA利润率为10.7%[10] - 2024年第二季度的调整后EBITDA为历史第二高，尽管面临宏观经济和运营压力[8] 用户数据 - 巴西地区系统范围内可比销售增长为10.2%，数字渠道销售占总销售的近70%[13] - 2024年第二季度的数字销售渗透率为24%，识别销售渗透率为57%[25] - 数字销售同比增长24%，外送销售也增长24%[7] 未来展望 - 2024年上半年共开设37家EOTF（Experience of the Future）餐厅，其中巴西开设21家[9] - 麦当劳已于2024年8月1日向Arcos Dorados发出续约通知，提出新的20年主特许经营协议[38] 财务数据 - 2024年第二季度资本支出为8770万美元，分红支付为1260万美元[36]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of August, 2024 Commission File Number: 001-35129 Arcos Dorados Holdings Inc. (Exact name of registrant as specified in its charter) Río Negro 1338, First Floor Montevideo, Uruguay, 11100 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports ...

Arcos Dorados Holdings Inc. (ARCO) is scheduled to report second-quarter 2024 results on Aug 14.Q2 EstimatesThe Zacks Consensus Estimate for earnings is pegged at 13 cents per share, down 7.1% year over year. In the past 30 days, earnings estimates for the quarter have witnessed downward revisions of 38.1%. The consensus mark for revenues is pegged at $1.05 billion, up 1.6% year over year.Factors to NoteArcos Dorados’ second-quarter 2024 top line is likely to have been aided by robust comparable sales, expa ...