Q4 2025 Arcos Dorados Holdings Inc Earnings Call Transcript

Mar 19, 2026 / 02:00 PM GMT

Release Date Price: €6.59 (-1.35%)

Transcript

Key Points

Positve

Arcos Dorados Holdings Inc (ARCO) reported double-digit revenue growth and expanded margins in Q4 2025.
The company achieved a 17.2% year-over-year increase in adjusted EBITDA, marking an 80 basis point expansion in the adjusted EBITDA margin.
Digital penetration reached its highest level, with 62% of total sales coming from digital channels, showing strong performance in self-order kiosks, delivery, and loyalty programs.
Arcos Dorados Holdings Inc (ARCO) opened 102 restaurants in 2025, increasing the modernized percentage of its portfolio to 73%.
The loyalty program expanded to 27.2 million registered members, covering more than 90% of all restaurants in the company's footprint.

Negative

Brazil faced a challenging consumption environment, impacting sales growth despite some improvement towards the end of the year.
Higher food and paper costs, particularly beef in Brazil, pressured margins, although some relief was seen in Q4 2025.
Payroll expenses increased as a percentage of revenue due to comparisons with the previous year's tax benefits in Brazil.
The company had to implement a headcount reduction to focus resources on high-value projects, indicating cost pressures.
NOLAD margins were challenged due to sales growing below blended inflation and food and paper cost pressures in the latter half of 2025.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ARCO.N - Arcos Dorados Holdings Inc
Q4 2025 Arcos Dorados Holdings Inc Earnings Call
Mar 19, 2026 / 02:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning and thank you for joining Arcosarrado's 4th quarter and full year 2025 earnings webcast.

With us today are Luis Anato, our Chief Executive Officer, and Marianna Tannenbaum, our Chief Financial Officer.

Today's webcast, which is being recorded, will consist of prepared remarks from our leadership team, which will be accompanied by a slide presentation that is also available in the investor section of our website, IR.arcoterrados.com.

To better follow the presentation, please note that you can set your view to full screen on the webcast platform.

Additionally, you can submit your questions at any time during the presentation using the Q&A function on the bottom of the

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.