Arcos Dorados Holdings, Inc., the largest independent McDonald’s franchisee in the world, has announced the filing of its annual report for the fiscal year ended December 31, 2023. The report, known as the “2023 Annual Report,” has been submitted to the Securities and Exchange Commission (SEC). Interested parties can access the report on the SEC’s website or the SEC Filings section of Arcos Dorados’ investor relations website.
In addition to the online accessibility, shareholders have the option to request a hard copy of the complete audited financial statements, which will be provided free of charge. To obtain a copy, shareholders can make a request through the designated channels.
Operating in 20 Latin American and Caribbean countries and territories, Arcos Dorados boasts a network of over 2,350 McDonald’s restaurants. These establishments are either operated directly by the company or by its sub-franchisees, employing more than 100,000 individuals. The company takes pride in its status as the largest quick service restaurant chain in the region.
Moreover, Arcos Dorados is committed to the development of the communities it serves. The company strives to provide young people with their first formal job opportunities, contributing to local economies and fostering personal growth. Additionally, Arcos Dorados aims to achieve a positive environmental impact by implementing its “Recipe for the Future” initiative.
As a publicly traded company, Arcos Dorados’ common stock can be found on the New York Stock Exchange under the ticker symbol ARCO. Those interested in learning more about the company can visit the Investors section of Arcos Dorados’ website.
Arcos Dorados continues to prioritize transparency, shareholder engagement, and sustainable practices as it moves forward in its mission to deliver quality service and make a difference in the communities it serves.
Arcos Dorados Holdings, Inc., the largest independent McDonald’s franchisee in the world, has recently filed its annual report for the fiscal year ended December 31, 2023. This report, known as the “2023 Annual Report,” is available for interested parties to access on the Securities and Exchange Commission’s (SEC) website or on Arcos Dorados’ investor relations website.
In terms of market trends, the fast-food industry has been experiencing steady growth, driven by factors such as convenience, affordability, and increasing consumer demand for quick-service restaurants. As the largest quick-service restaurant chain in Latin America and the Caribbean, Arcos Dorados is well-positioned to capitalize on this trend.
Forecasts for the fast-food industry in the region suggest continued growth in the coming years, fueled by a growing middle class and increased urbanization. As Latin American economies continue to develop, there is likely to be a greater demand for quick-service restaurants, providing Arcos Dorados with opportunities for expansion.
One of the key challenges in the fast-food industry is the changing consumer preferences and demands. With increasing awareness of health and environmental issues, there has been a growing demand for healthier and more sustainable food options. Arcos Dorados has recognized this challenge and has implemented its “Recipe for the Future” initiative, aiming to achieve a positive environmental impact.
While there are advantages to operating a large franchise network like Arcos Dorados, such as economies of scale and brand recognition, there are also disadvantages. One disadvantage is the potential for reputational damage if any of the franchise locations face issues such as food safety concerns or labor violations. Managing a large network of restaurants across multiple countries and territories also presents operational challenges, including cultural differences, regulatory compliance, and supply chain management.
For more information on Arcos Dorados and its operations, interested individuals can visit the Investors section of Arcos Dorados’ website.
You can learn more about Arcos Dorados and its commitment to environmental impact and community development by visiting their website at Arcos Dorados.