7Baggers
Quarterly
Annual
    Unit: USD2024-03-31 2023-12-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2022-03-16 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2015-12-31 2015-05-12 2015-03-31 2015-03-17 2014-12-31 2014-12-31 2014-11-04 2014-09-30 2014-08-05 2014-06-30 2014-05-06 2014-03-31 2014-03-11 2013-12-31 2013-12-31 2013-11-05 2013-09-30 2013-08-06 2013-06-30 2013-04-30 2013-03-31 2012-12-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 
      
    		                                                 
      revenues
    		                                                 
      sales by company-operated restaurants
    		1,031,422,000 4,137,675,000 4,137,675,000 3,016,212,000 1,940,884,000 946,354,000 3,457,491,000 3,457,491,000 2,485,230,000 1,603,644,000 755,294,000 2,543,907,000      1,927,252,000 876,082,000 876,082,000 743,471,000 743,471,000 3,504,302,000 1,000,966,000 1,000,966,000 2,628,220,000 868,775,000 1,759,445,000 881,387,000 878,058,000 878,058,000 3,859,883,000 965,142,000 965,142,000 2,858,917,000 977,156,000 1,881,761,000 947,698,000 934,063,000 934,063 917,568,000 917,568,000 920,513,000 865,877,000 882,839,000 2,560,962,000 943,166,000 852,042,000 791,352,000 
      revenues from franchised restaurants
    		49,934,000 194,203,000 194,203,000 140,211,000 90,429,000 44,438,000 161,411,000 161,411,000 115,049,000 74,932,000 35,387,000 116,034,000      87,749,000 37,547,000 37,547,000 31,587,000 31,587,000 146,763,000 45,037,000 45,037,000 109,216,000 35,245,000 73,971,000 36,535,000 37,436,000 37,436,000 173,427,000 44,535,000 44,535,000 128,390,000 44,056,000 84,334,000 41,487,000 42,847,000 42,847 40,932,000 40,932,000 41,394,000 38,335,000 38,759,000 112,684,000 40,837,000 36,447,000 35,305,000 
      total revenues
    		1,081,356,000 4,331,878,000 4,331,878,000 3,156,423,000 2,031,313,000 990,792,000 3,618,902,000 3,618,902,000 2,600,279,000 1,678,576,000 790,681,000 2,659,941,000      2,015,001,000 913,629,000 913,629,000 775,058,000 775,058,000 3,651,065,000 1,046,003,000 1,046,003,000 2,737,436,000 904,020,000 1,833,416,000 917,922,000 915,494,000 915,494,000  1,009,677,000 1,009,677,000 2,987,307,000 1,021,212,000 1,966,095,000 989,185,000 976,910,000 976,910 958,500,000 958,500,000 961,907,000 904,212,000 921,598,000 246,000,750 984,003,000 888,489,000 826,657,000 
      operating costs and expenses
    		                                                 
      company-operated restaurant expenses:
    		                                                 
      food and paper
    		-360,987,000 -1,457,720,000 -1,457,720,000 -1,061,634,000 -685,611,000 -333,866,000 -1,227,293,000 -1,227,293,000 -880,804,000 -564,436,000 -263,408,000 -899,077,000      -702,263,000 -310,713,000 -310,713,000 -259,461,000 -259,461,000 -1,243,907,000 -342,959,000 -342,959,000 -933,194,000 -298,825,000 -634,369,000 -318,647,000 -315,722,000 -315,722,000 -1,350,515,000 -333,338,000 -333,338,000 -1,007,556,000 -341,898,000 -665,658,000 -334,411,000 -331,247,000 -331,247 -307,798,000 -307,798,000 -323,061,000 -308,087,000 -304,660,000 -887,968,000 -328,173,000 -302,336,000  
      payroll and employee benefits
    		-201,960,000 -790,042,000 -790,042,000 -580,286,000 -379,382,000 -185,317,000 -668,764,000 -668,764,000 -487,031,000 -321,669,000 -152,228,000 -482,608,000      -438,716,000 -168,366,000 -168,366,000 -160,743,000 -160,743,000 -734,093,000 -198,994,000 -198,994,000 -565,727,000 -183,926,000 -381,801,000 -192,232,000 -189,569,000 -189,569,000 -814,112,000 -198,094,000 -198,094,000 -615,118,000 -205,901,000 -409,217,000 -208,809,000 -200,408,000 -200,408 -184,201,000 -184,201,000 -186,320,000 -181,403,000 -187,303,000 -511,907,000 -189,371,000 -167,791,000  
      occupancy and other operating expenses
    		-299,053,000 -1,154,334,000 -1,154,334,000 -843,176,000 -542,720,000 -263,723,000 -967,690,000 -967,690,000 -708,082,000 -464,874,000 -220,127,000 -772,169,000      -512,124,000 -240,304,000 -240,304,000 -216,551,000 -216,551,000 -997,065,000 -268,646,000 -268,646,000 -756,761,000 -252,516,000 -504,245,000 -252,126,000 -252,119,000 -252,119,000 -1,055,188,000 -258,633,000 -258,633,000 -786,542,000 -263,387,000 -523,155,000 -260,693,000 -262,462,000 -262,462 -233,103,000 -233,103,000 -250,436,000 -237,936,000 -236,999,000 -675,757,000 -242,345,000 -231,302,000  
      royalty fees
    		-65,003,000 -249,278,000 -249,278,000 -180,317,000 -115,259,000 -56,739,000 -194,522,000 -194,522,000 -133,753,000 -82,677,000 -38,616,000 -131,401,000      -97,779,000 -44,998,000 -44,998,000 -38,002,000 -38,002,000 -173,663,000 -49,154,000 -49,154,000 -128,665,000 -46,152,000 -82,513,000 -41,127,000 -41,386,000 -41,386,000 -188,885,000 -47,948,000 -47,948,000 -139,731,000 -47,539,000 -92,192,000 -45,750,000 -46,442,000 -46,442 -44,713,000 -44,713,000 -45,662,000 -42,944,000 -43,993,000 -124,668,000 -45,732,000 -41,484,000  
      franchised restaurants – occupancy expenses
    		-21,990,000 -83,359,000 -83,359,000 -60,053,000 -38,629,000 -18,209,000 -68,028,000 -68,028,000 -50,044,000 -32,863,000 -16,008,000 -50,627,000         -15,226,000  -63,939,000   -46,434,000  -31,097,000  -15,717,000  -63,273,000   -47,653,000  -31,619,000  -15,708,000           
      general and administrative expenses
    		-68,658,000 -285,000,000 -285,000,000 -202,924,000 -135,118,000 -65,592,000 -239,263,000 -239,263,000 -169,172,000 -110,534,000 -55,538,000 -210,909,000      -157,417,000 -63,658,000 -63,658,000 -65,471,000 -65,471,000 -272,065,000 -77,473,000 -77,473,000 -208,407,000 -63,832,000 -144,575,000 -77,399,000 -67,176,000 -67,176,000 -317,745,000 -85,414,000 -85,414,000 -240,272,000 -76,820,000 -163,452,000 -83,119,000 -80,333,000 -80,333 -81,066,000 -81,066,000 -76,614,000 -74,962,000 -77,629,000 -245,511,000 -89,403,000 -95,698,000  
      other operating income (expenses)
    		3,846,000      11,080,000 11,080,000    26,369,000                     8,705,000 8,705,000               2,663,000 
      total operating costs and expenses
    		-1,013,805,000 -4,017,839,000 -4,017,839,000 -2,924,171,000 -1,890,136,000 -924,507,000 -3,354,480,000 -3,354,480,000 -2,417,372,000 -1,569,583,000 -742,334,000 -2,520,422,000      -1,890,105,000 -859,945,000 -859,945,000 -769,673,000 -769,673,000 -3,580,208,000 -955,320,000 -955,320,000 -2,720,263,000 -869,342,000 -1,850,921,000 -956,201,000 -894,720,000 -894,720,000 -3,804,788,000 -929,582,000 -929,582,000 -2,849,468,000 -958,939,000 -1,890,529,000 -950,836,000 -939,693,000 -939,693 -878,693,000 -878,693,000 -901,851,000 -862,939,000 -866,382,000 -2,497,154,000 -909,742,000 -852,385,000  
      operating income
    		67,551,000 314,039,000 314,039,000 232,252,000 141,177,000 66,285,000 264,422,000 264,422,000 182,907,000 108,993,000 48,347,000 139,519,000      124,896,000 53,684,000 53,684,000 5,385,000 5,385,000 70,857,000 90,683,000 90,683,000 17,173,000 34,678,000 -17,505,000 -38,279,000 20,774,000 20,774,000 228,522,000 80,095,000 80,095,000 137,839,000 62,273,000 75,566,000 38,349,000 37,217,000 37,217 79,807,000 79,807,000 60,056,000 41,273,000 55,216,000 176,492,000 74,261,000 36,104,000 60,581,000 
      yoy
    		-52.15% 18.76% 18.76% -12.17% -22.81% -39.18% 89.52% 89.52%          2219.33% -40.80% -40.80% -94.06% -68.64% 104.33% -336.90% -336.90% -17.33% 66.93% -107.66% -147.79% -74.06% -84.93% 266.97% 108.86% 108.86% 270.37% 167224.07% -5.31% -51.95% -38.03% -99.91% -54.78% -54.78% -19.13% 14.32% -8.86%     
      qoq
    		-78.49% 35.21% 35.21% 64.51% 112.98% -74.93% 44.57% 44.57% 67.82% 125.44% -65.35%       132.65% 896.92% 896.92% 0.00% -92.40% -21.86% 428.06% 428.06% -50.48% -298.10% -54.27% -284.26% 0.00% -90.91% 185.31% -41.89% -41.89% 121.35% -17.59% 97.05% 3.04% 99900.00% -99.95% 32.89% 32.89% 45.51% -25.25% -68.71% 137.66% 105.69% -40.40%  
      operating margin %
    		                                                 
      net interest expense and other financing results
    		-16,438,000 373.77% 373.77% -26,960,000 -21,987,000 -9,859,000 446.93% 446.93%           -24.24% -24.24%    -618.04% -618.04%        5.99% 5.99%       44.54% 44.54%        
      income from derivative instruments
    		-1,933,000 0.00% 0.00% -13,220,000 -14,120,000 -4,929,000 0.00% 0.00% -5,258,000 -12,836,000 -11,692,000       -2,445,000 0.00% 0.00%   -685,000 0.00% 0.00% -65,000 -117,000     -4,141,000 0.00% 0.00% -42,000      0.00% 0.00%  -163,000 -1,163,000   -7,898,000  
      foreign currency exchange results
    		-998,000   22,231,000 20,945,000 7,283,000   9,862,000 8,544,000 15,827,000 -9,189,000      43,337,000   -23,698,000 -23,698,000 -74,117,000   -63,134,000 -7,236,000 -55,898,000 -35,451,000 -20,447,000 -20,447,000 -38,783,000   -35,255,000 448,000 -35,703,000 -12,791,000 -22,912,000 -22,912   -1,960,000 -7,224,000 -3,887,000 -3,017,000 -20,909,000 2,105,000  
      other non-operating expenses
    		-429,000 -32,275,000 -32,275,000 -100,000  -110,000 -43,750,000 -43,750,000  -108,000 -25,000          -46,000     -749,000 -258,000 -491,000 -173,000 -318,000 -318,000    -858,000 -168,000 -690,000 -374,000 -316,000 -316   -463,000 -707,000 -553,000 -181,250 -725,000 -745,000  
      income before income taxes
    		47,753,000 -13,183,000 -13,183,000 214,203,000 126,021,000 58,670,000 -10,490,000 -10,490,000 151,658,000 72,011,000 41,798,000 77,786,000      113,604,000 -620,000 -620,000 -34,756,000 -34,756,000 -76,549,000   -101,574,000 8,077,000 -109,651,000 -92,713,000 -16,938,000 -16,938,000 96,594,000   43,113,000 34,466,000 8,647,000 9,392,000 -745,000 -745 -1,687,000 -1,687,000 44,110,000 19,219,000 37,634,000 131,097,000 29,306,000 19,151,000 45,791,000 
      income tax expense
    		-18,961,000 10,774,000 10,774,000 -87,922,000 -59,850,000 -21,026,000 16,501,000 16,501,000 -65,411,000 -32,807,000  -31,933,000      -44,781,000 -10,983,000 -10,983,000  6,587,000 -32,479,000 -3,528,000 -3,528,000 -17,619,000 -7,656,000 -9,963,000 -6,264,000 -3,699,000 -3,699,000 -42,722,000 -5,349,000 -5,349,000 -21,424,000 -14,955,000 -6,469,000 -617,000 -5,852,000 -5,852 -4,881,000 -4,881,000 -11,449,000 -7,077,000 -12,146,000 -35,127,000 -9,476,000 -4,754,000  
      net income
    		28,792,000   126,281,000 66,171,000 37,644,000   86,247,000 39,204,000 24,629,000 45,853,000      68,823,000   -28,169,000 -28,169,000 -109,028,000   -119,193,000 421,000 -119,614,000 -98,977,000 -20,637,000 -20,637,000 53,872,000   21,689,000 19,511,000 2,178,000 8,775,000 -6,597,000 -6,597 5,470,000 5,470,000 32,661,000 12,142,000 25,488,000 95,970,000 19,830,000 14,397,000 35,599,000 
      yoy
    		-56.49% 29.45% 29.45% -10.39% -23.28% -3.98% 207.33% 207.33%          -344.32% -68.42% -68.42% -187.53% -76.37% -25997.39% -132.52% -132.52% 477.57% -102.04% -322.03% -323.44% -146.59% -195.15% 176.11% 404.81% 404.81% -428.77% -295855.65% -95.26% -80.91% -120.20% -100.05% -52.10% -52.10% 64.70% -15.66% -28.40%     
      qoq
    		-84.22% 44.45% 44.45% 90.84% 75.78% -73.29% 63.39% 63.39% 120.00% 59.18% -46.29%       577.06% -136.09% -136.09% 0.00% -74.16% -438.78% -127.00% -127.00% -28411.88% -100.35% 20.85% 379.61% 0.00% -138.31% 21.62% 104.24% 104.24% 11.16% 795.82% -75.18% -233.02% 99900.00% -100.01% 40.76% 40.76% 168.99% -52.36% -73.44% 383.96% 37.74% -59.56%  
      net income margin %
    		                                                 
      less: net income attributable to non-controlling interests
    		-283,000 278,117,000 278,117,000 -785,000 -396,000 -237,000 226,396,000 226,396,000 -396,000 -220,000 -126,000 -367,000       25,025,000 25,025,000   -305,000 53,481,000 53,481,000       -18,000 60,000,000 60,000,000     -5,000  66,155,000 66,155,000 -53,000 -34,000 -93,000     
      net income attributable to arcos dorados holdings inc.
    		28,509,000 -95,702,000 -95,702,000 125,496,000 65,775,000 37,407,000 -85,476,000 -85,476,000 85,851,000 38,984,000 24,503,000 45,486,000      68,767,000 -14,860,000 -14,860,000 -28,233,000 -28,233,000 -109,333,000 -21,298,000 -21,298,000 -119,376,000 240,000 -119,616,000 -98,986,000 -20,630,000 -20,630,000 53,854,000 -15,703,000 -15,703,000 21,764,000 19,581,000 2,183,000 8,785,000 -6,602,000 -6,602 -20,181,000 -20,181,000 32,608,000 12,108,000 25,395,000 95,947,000 19,582,000 14,235,000  
      earnings per share information:
    		 182,415,000 182,415,000    140,920,000 140,920,000           10,165,000 10,165,000    32,183,000 32,183,000        44,297,000 44,297,000       45,974,000 45,974,000        
      basic net income per common share attributable to arcos dorados holdings inc.
    		0.14 384.58% 384.58% 0.6 0.31 0.18 472.17% 472.17% 0.41 0.19  0.22       -109.32% -109.32% -0.13  -0.52 -126.91% -126.91% -0.57  -0.57    0.26 1933.84% 1933.84% 0.1  0.01  -0.03  80.38% 80.38% 0.16 0.06 0.12 0.45 0.09 0.07  
      diluted net income per common share attributable to arcos dorados holdings inc.
    		0.14 0.00% 0.00% 0.6 0.31 0.18 0.00% 0.00% 0.41 0.19  0.22       0.00% 0.00% -0.13  -0.52 0.00% 0.00% -0.57  -0.57    0.26 0.00% 0.00% 0.1  0.01  -0.03  0.00% 0.00%        
      other operating income
    		   4,219,000 6,583,000    11,514,000 7,470,000 3,591,000                                       
      other non-operating (expenses) income
    		 -1,141,000 -1,141,000    -577,000 -577,000 -49,000               -93,000 -93,000       -848,000                  
      other non-operating income (expenses)
    		 181,274,000 181,274,000  6,000  140,343,000 140,343,000    2,185,000       10,043,000 10,043,000   146,000 32,090,000 32,090,000        44,221,000 44,221,000       46,222,000 46,222,000        
      other operating (expenses) income
    		     -1,061,000                                       -1,694,000     
      eearnings per share information:
    		 0.86 0.86    0.67 0.67                                 0.22 0.22        
      net interest expense
    		 0.86 0.86    0.67 0.67 -35,804,000 -32,582,000 -10,659,000 -49,546,000      -48,929,000   -16,324,000 -16,324,000 -72,750,000   -54,799,000 -18,990,000 -35,809,000 -18,852,000 -16,957,000 -16,957,000 -88,156,000   -58,571,000 -27,784,000 -30,787,000 -15,822,000 -14,965,000 -14,965   -13,812,000 -13,960,000 -11,979,000 -32,753,000 -27,996,000 -10,415,000  
      income tax benefit
    		 1,894,000 1,894,000        -17,169,000          6,587,000                             
      basic net earnings per common share attributable to arcos dorados holdings inc.
    		 -1,238,000 -1,238,000    -287,000 -287,000   0.12                      -396,000 -396,000                
      diluted net earnings per common share attributable to arcos dorados holdings inc.
    		          0.12             10,000 10,000                         
      gain from derivative instruments
    		           -5,183,000         -73,000 -73,000  -2,474,000 -2,474,000   52,000 42,000 10,000 10,000     -303,000 261,000 30,000 231,000 231   289,000   1,168,750 4,675,000   
      gain from securities
    		                                                 
      franchised restaurants - occupancy expenses
    		                 -4,376,250 -17,951,000 -17,951,000  -15,226,000  -29,585,000 -29,585,000  -15,337,000  -15,380,000  -15,717,000  -14,496,000 -14,496,000  -16,034,000  -15,911,000  -15,708 -12,554,000 -12,554,000 -13,348,000 -13,745,000 -14,104,000 -3,313,000 -13,252,000 -11,973,000  
      other operating expenses
    		                 -3,600,250   -14,219,000 -14,219,000 -95,476,000   -81,075,000 -8,754,000 -72,321,000 -59,290,000 -13,031,000 -13,031,000 -15,070,000   -12,596,000 -7,360,000 -5,236,000 -2,143,000 -3,093,000 -3,093   -6,410,000       
      other non-operating income
    		                 223,750    -46,000                            
      (less) plus: net (income) loss attributable to non-controlling interests
    		                 -30,500   -64,000 -64,000    -183,000 -181,000 -2,000                      
      earnings per share information
    		                       -4,099,000 -4,099,000        146,000 146,000                
      basic net income per common share
    		                 0.013    -0.13     0  -0.47  -0.1     0.09  0.04  0.03          
      weighted-average number of common shares outstanding-basic
    		                  -17,505,000 -17,505,000  210,216,043  -15,620,000 -15,620,000  210,215,076  210,116,897  209,867,426  -14,860,000 -14,860,000  209,866,194  209,748,728  209,529,412 -13,751,000 -13,751,000 209,529,412 209,529,412 209,529,412  209,529,412   
      adjusted ebitda reconciliation
    		                  -14,401,000 -14,401,000                              
      depreciation and amortization
    		                 7,471 895,000 895,000  27,696     29,543  29,368  28,016     28,823  28,535  29,121   22,568 22,609 20,129 4,522.25 18,089 15,998  
      operating charges excluded from ebitda computation
    		                 2,442 -122,000 -122,000  8,772     1,837  50,868  1,533  -76,000 -76,000                
      adjusted ebitda
    		                 23,334    41,853     66,058  41,957  50,323     90,375  67,404  68,693   83,611 67,263 78,080 23,753 95,012 67,869  
      adjusted ebitda margin as % of total revenues
    		                 2.55 0.05 0.05  5.4  0.15 0.15  7.3  4.6  5.5  0.21 0.21  8.8  6.8  7   8.7 7.4 8.5 2.425 9.7 7.6  
      loss per share information:
    		                  210,215,800 210,215,800    209,867,426 209,867,426        209,529,412 209,529,412       209,529,412 209,529,412        
      operating (income) charges excluded from ebitda computation
    		                                   -721              
      see notes to the condensed consolidated financial statements.
    		                  29,884 29,884    28,381 28,381        27,022 27,022       19,759 19,759        
      plus(less): net (income) loss attributable to non-controlling interests
    		                  9,768 9,768                              
      plus (less): net income (income) attributable to non-controlling interests
    		                  93,336 93,336    117,995 117,995     7,000   111,607 111,607 75,000  5,000    104,582 104,582        
      plus(less): net income (income) attributable to non-controlling interests
    		                  10.2 10.2    11.3 11.3      7,000  11.1 11.1  70,000  10,000   10.9 10.9        
      total revenues .
    		                               4,033,310,000                  
      other operating items excluded from ebitda computation
    		                       -1,069 -1,069               2,355   987  2,735     
      other operating charges excluded from ebitda computation
    		                                     520            
      other operating income/(expenses)
    		                                             -366,500 -1,466,000 -1,801,000  
      net (income) loss attributable to non-controlling interests
    		                                                 
      other operating expenses net
    		                                           -3,862,000      
      other operating and g&a items excluded from ebitda computation
    		                                           3,381      
      less: net (income) attributable to non-controlling interests
    		                                4,490 4,490       5,016 5,016    -62,000 -248,000   
      other net operating charges excluded
    		                                             665.5 2,662   
      net income attributable to non-controlling interests
    		                                        -14,061,000 -14,061,000      -162,000  
      weighted-average number of shares outstanding
    		                                        248,000 248,000      208,063,349  
      other operating expenses classified as non-cash
    		                                               1,367  
      other operating incomes classified as non-recurring
    		                                               810  
      special charges
    		                                               13,590  
      net income attributable to arcos dorados holdings inc
    		                                                35,490,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.