Overview
- Arcos Dorados reported revenue of $1.22 billion and earnings of $0.17 per share, beating analyst expectations and reflecting systemwide comparable sales growth of 16 percent.
- Adjusted EBITDA reached a first-quarter record of $118 million, a 29.3 percent year‑over‑year increase, and EBITDA margin expanded 120 basis points to 9.7 percent.
- Digital channel revenue rose 21 percent and accounted for 64 percent of systemwide sales, driven by self‑order kiosks, delivery partnerships and loyalty programs.
- The company opened 19 restaurants in the quarter, said 75 percent of its estate is modernized, and finished the period with $255.6 million in cash and cash equivalents.
- CEO Luis Raganato emphasized value marketing, core menu focus, licensing deals and continued digital investment to convert market share into sustained profit growth, and shares jumped about 9 percent after the results.