Arcos Dorados Holdings (ARCO) Company Report

Arcos Dorados achieved record total revenue of $1.2 billion in Q3 2025, with systemwide comparable sales increasing 12.7%.
Adjusted EBITDA surpassed $200 million for the quarter, though it saw an approximate 3% decline year-over-year when excluding a $85.6 million net federal tax credit in Brazil and prior year social contributions.
The company opened 22 restaurants in Q3 2025, remaining on track to meet its full-year guidance of 90-100 new openings.
Digital channel sales grew over 11% year-over-year, accounting for 61% of systemwide sales, and the loyalty program expanded to 23.6 million members.
Despite challenging consumer dynamics and significant input cost pressures, such as a 35% increase in beef costs in Brazil over the year, the company aims to expand EBITDA margin in 2026.

Nov 12, 2025, 3:00 PM

Arcos Dorados Reports Third Quarter 2025 Financial Results

ARCO

Earnings

Revenue Acceleration/Inflection

Arcos Dorados reported total revenues of $1.2 billion and systemwide comparable sales growth of 12.7% for the third quarter of 2025.
Consolidated Adjusted EBITDA was $201.1 million and Net Income reached $150.4 million, resulting in $0.71 per share.
These results included a $125.2 million net benefit from a federal tax credit in Brazil.
The company's Net Debt to Adjusted EBITDA leverage ratio stood at 1.2x as of September 30, 2025.

Nov 12, 2025, 12:30 PM

Arcos Dorados Reports Strong Third Quarter 2025 Financial Results

ARCO

Earnings

Revenue Acceleration/Inflection

Arcos Dorados Holdings Inc. reported total revenues of $1.2 billion and systemwide comparable sales growth of 12.7% for the third quarter of 2025.
The company achieved Consolidated Adjusted EBITDA of $201.1 million and Net Income of $150.4 million, resulting in $0.71 per share for Q3 2025.
These results included a $125.2 million net benefit from a federal tax credit in Brazil related to the period 2016-2023.
The Net Debt to Adjusted EBITDA leverage ratio stood at 1.2x as of September 30, 2025.

Nov 12, 2025, 12:25 PM

Arcos Dorados Holdings Inc. Announces Q3 2025 Financial Results and Debt Restructuring

ARCO

Earnings

Debt Issuance

Legal Proceedings

Arcos Dorados Holdings Inc. reported total revenues of $3,411,716 thousand and net income attributable to Arcos Dorados Holdings Inc. of $186,946 thousand for the nine-month period ended September 30, 2025, leading to basic and diluted net income per common share of $0.89.
During the nine-month period ended September 30, 2025, the company issued 2032 Senior Notes for an aggregate principal amount of $600 million and fully redeemed its outstanding 2027 Notes totaling $379,265 thousand.
On September 30, 2025, the company entered into a new $200 million Syndicated Revolving Credit Facility. As of that date, Arcos Dorados Holdings Inc. was in compliance with its consolidated net indebtedness to EBITDA ratio, reporting 1.23x against a requirement of less than 3.00x, and met its Master Franchise Agreement financial ratio requirements with a Fixed Charge Coverage Ratio of 2.26 and a Leverage Ratio of 3.24.
The company disclosed potential losses from tax, customs, labor, and civil law contingencies ranging between $500 million and $547 million as of September 30, 2025.

Nov 12, 2025, 12:18 PM

Arcos Dorados Enters New $200 Million Syndicated Revolving Credit Facility

ARCO

Debt Issuance

New Projects/Investments

Arcos Dorados Holdings Inc. and its subsidiary Arcos Dorados B.V. entered into a new $200 million syndicated revolving credit facility (RCF) on October 6, 2025.
This RCF replaces the Company's existing revolving credit facilities, which totaled $75 million.
The new facility has a four-year maturity, beginning September 30, 2025, with an optional one-year extension, and an interest rate of SOFR + 210 basis points up to SOFR + 240 basis points.
As of October 6, 2025, the RCF remains undrawn.