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Arcos Dorados Holdings Inc. (ARCO) stock declined over -3.18%, trading at $7.01 on NYSE, down from the previous close of $7.24. The stock opened at $6.91, fluctuating between $6.70 and $7.28 in the recent session.
Arcos Dorados Holdings Inc. operates as a franchisee of McDonald's restaurants. The company has the exclusive right to own, operate, and grant franchises of McDonald's restaurants in 20 countries and territories in Latin America and the Caribbean, including Argentina, Aruba, Brazil, Chile, Colombia, Costa Rica, Curacao, Ecuador, French Guiana, Guadeloupe, Martinique, Mexico, Panama, Peru, Puerto Rico, Trinidad and Tobago, Uruguay, the U.S. Virgin Islands of St. Croix and St. Thomas, and Venezuela. As of December 31, 2021, it operated or franchised 2,261 restaurants. The company was founded in 2007 and is based in Montevideo, Uruguay.
Employees | 100000 |
Beta | 1.09 |
Sales or Revenue | $4.33B |
5Y Sales Change% | 0.416% |
Fiscal Year Ends | December |
Sector | Consumer Cyclical |
Industry | Restaurants |
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