This article contains promotional content. (March 2020) |
Company type | Public |
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NYSE: ARCO | |
Industry | Food |
Founded | August 3, 2007 |
Headquarters | , |
Number of locations | 4.522 restaurants (2021)[1] |
Area served | Latin America and the Caribbean |
Key people | Marcelo Rabach (CEO) Woods Staton (Executive Chairman) |
Revenue | US$ 2.65 billion (2021)[1] |
US$ 139.5 million (2021)[1] | |
US$ 45.48 million (2021)[1] | |
Total assets | US$ 2.36 billion (2021)[1] |
Number of employees | 81,256 (2021)[1] |
Website | arcosdorados.com |
Arcos Dorados Holdings Inc. (English: ''Golden Arches Holdings, Inc'') is a company that owns the master franchise of the fast food restaurant chain McDonald's in 20 countries within Latin America and the Caribbean.[2] As of December 31, 2010, it represented 6.7% of McDonald's franchised restaurants globally.[3] It has more than 81,250 employees.[1] It is the largest quick-service restaurant (QSR) chain in Latin America and the Caribbean serving over 4.3 million customers daily.[2]
The company operates the McDonald's-branded restaurants as company-operated restaurants and franchised restaurants.[3] Company revenues depend on sales made by company-operated restaurants and rental income from franchised restaurants. The rental income depends on which is greater, a flat fee or a percentage of sales.[3]