McDonald's, Arcos Dorados
Arcos Dorados Exercises Renewal Option for Its Master Franchise Agreement With McDonald’s
Arcos Dorados Holdings Inc. (NYSE: ARCO) ("Arcos Dorados" or the "Company"), Latin America’s largest restaurant chain and the world’s largest independent McDonald’s franchisee, notified McDonald’s (NYSE: MCD) that it will exercise its option to renew its Master Franchise Agreement ("MFA") with McDonald’s.
Arcos Dorados to exercise option to renew MFA with McDonald's
Arcos Dorados Holdings to renew Master Franchise Agreement with McDonald's, expected to open 90-100 restaurants in 2025.
Arcos Dorados Stock Climbs on McDonald's Franchisee Deal Renewal
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. Shares are still trading 20% lower than where they started the year.
McDonald’s largest global franchisee is working on a 20-year renewal agreement
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 territories, with approximately 90 to 100 new units expected to open in 2025.
Arcos Dorados: Hold Until New Franchise Agreement With MCD Materializes
We downgraded Arcos Dorados to a Hold rating due to challenges in Argentina, increased delivery costs, and negotiation of a new franchise agreement. See more.
Arcos Dorados Holdings Inc (ARCO) Stock: Understanding Its Underlying Value
Jefferies has recently initiated Arcos Dorados Holdings Inc (ARCO) stock to Buy rating, as announced on December 1, 2023, according to Finviz. Earlier, on September 27, 2022, Barclays had initiated the stock to Overweight,
Why Arcos Dorados Stock Just Jumped 16%
Arcos Dorados and McDonald's have renewed their master franchise agreement for another 20 years. Arcos Dorados' royalty rate will remain unchanged for the first half of the agreement. Analysts forecast earnings will grow at 16% over the next five years.
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Arcos Dorados (ARCO) Gears Up for Q2 Earnings: What's in Store?
Arcos Dorados Holdings Inc. ARCO is scheduled to report second-quarter 2024 results on Aug 14. The Zacks Consensus Estimate for earnings is pegged at 13 cents per share, down 7.1% year over year.
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Arcos Dorados Holdings Inc Class A
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Arcos Dorados (ARCO) Seizes Upside Opportunities as McDonald’s Latin Giant
Arcos Dorados (ARCO), the master franchisee for McDonald’s in much of Latin America and the Caribbean, has grappled with ...
Q2 Earnings Recap: Arcos Dorados (NYSE:ARCO) Tops Traditional Fast Food Stocks
Looking back on traditional fast food stocks’ Q2 earnings, we examine this quarter’s best and worst performers, including ...