Name | Value |
---|---|
Revenues | 1,018.6M |
Cost of Revenue | 866.6M |
Gross Profit | 152.0M |
Operating Expense | 70.5M |
Operating I/L | 81.5M |
Other Income/Expense | -6.8M |
Interest Income | 0.0M |
Pretax | 74.7M |
Income Tax Expense | 20.1M |
Net Income/Loss | 54.5M |
Arcos Dorados Holdings Inc. is a leading franchisee of McDonald's restaurants in 20 countries and territories in Latin America and the Caribbean. The company holds the exclusive rights to own, operate, and grant franchises for McDonald's restaurants in these regions. As of December 31, 2021, it operated or franchised 2,261 restaurants. Arcos Dorados generates revenue through the operation of these restaurants, offering McDonald's iconic menu items and leveraging the strength of the brand to attract customers. The company's business model revolves around the successful management and expansion of its McDonald's franchise operations in its designated markets.