Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Arcos Dorados Holdings Inc ARCO

Arcos Dorados Holdings Inc. is a McDonald's franchisee. The Company operates or franchises over 2,140 McDonald's-branded restaurants. It divides its operations into four geographical divisions: Brazil; the Caribbean division, consisting of Aruba, Colombia, Curacao, French Guiana, Guadeloupe, Martinique, Puerto Rico, Trinidad and Tobago, the United States Virgin Islands of Saint Croix and Saint Thomas, and Venezuela; the North Latin America division (NOLAD), consisting of Costa Rica, Mexico and Panama, and the South Latin America division (SLAD), consisting of Argentina, Chile, Ecuador, Peru and Uruguay. Its menus feature over three tiers of products: entry-level options, such as its Big Pleasures, Small Prices offerings and Almuerzos Colombianos (Colombian Lunches) in Colombia; core menu options, such as the Big Mac, Happy Meal and Quarter Pounder, and premium options, such as Big Tasty or Angus premium hamburgers and chicken sandwiches and low-calorie or low-sodium products.


NYSE:ARCO - Post by User

Bullboard Posts
Post by RionsRunon May 10, 2018 12:53pm
124 Views
Post# 28012507

Misses Q1 EPS by 2c, Beats on Revenues

Misses Q1 EPS by 2c, Beats on Revenues
Arcos Dorados (ARCO) Misses Q1 EPS by 2c, Beats on Revenues 
 
Love the scope of this company and can't fault new management who is executing well. The hitch to this stock is maybe future instability or economic concerns of certain countries.  However this is not written in stone and management is well aware. 
 
Arcos Dorados (ARCO) Misses Q1 EPS by 2c, Beats on Revenues 
 
May 9, 2018 8:02 AM EDT 
 
 
Arcos Dorados (NYSE: ARCO) reported Q1 EPS of $0.06, $0.02 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $802.8 million versus the consensus estimate of $795 million. 
 
First Quarter 2018 Key Results – Excluding Venezuela 
 
As reported consolidated revenues increased 5.5% to $802.8 million versus the first quarter of 2017. On a constant currency basis1, consolidated revenues grew 10.7%. 
Systemwide comparable sales1 rose 9.8% year-over-year. 
As reported Adjusted EBITDA1 increased 12.5% to $68.0 million compared with the prior-year quarter. 
Consolidated Adjusted EBITDA margin expanded 60 basis points to 8.5%. 
As reported General and Administrative (G&A) expenses remained flat as a percentage of revenues. 
As reported net income decreased to $13.6 million, from $41.0 million in the first quarter of 2017, primarily due to re-development proceeds of $51.9 million in the year ago period. 
 
Seeking Alpha transcript...
We have also made significant progress with McDelivery. We are now operating McDelivery in eight markets across our region, both via the global agreement with Uber Eats and local agreements with other leading delivery partners. 
 
During the first quarter, we continue to add restaurants to the delivery footprint. While still in the pilot phase in some markets, we are capturing incremental guest counts in the restaurants that offer this service. 
 
On the mobile phones, our app has been downloaded more than 13 million times in our geography. And in each of the 10 countries where it has been launched, our app is among the top three most downloaded in the food category. Every category of our menu from the affordability platforms to our core products, to our signature line saw growth in the first quarter. Additionally, we continue to drive volume to our Dessert Centers. 
 
https://seekingalpha.com/article/4171933-arcos-dorados-arco-ceo-sergio-alonso-q1-2018-results-earnings-call-transcript
 
Bullboard Posts