Shares of McDonald's (NYSE: MCD) South America, Central America, and Caribbean franchisee Arcos Dorados (NYSE: ARCO) leapt 16 ...
Arcos Dorados Holdings Inc. (NYSE: ARCO) ("Arcos Dorados" or the "Company"), Latin America’s largest restaurant chain and the ...
Arcos Dorados Holdings to renew Master Franchise Agreement with McDonald's, expected to open 90-100 restaurants in 2025.
Shares of Arcos Dorados climbed after the independent McDonald's franchisee said it would renew its master franchise agreement with the burger chain. The stock was up 16% at $10.10 in early trading.
In addition to a steady royalty rate for the next decade, Arcos Dorados and McDonald’s expect the renewed agreement to support additional growth in the franchisee’s 20 existing countries and ...
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