Shares of Arcos Dorados Holdings Inc. (NYSE: ARCO), the largest independent McDonald's franchisee in Latin America and the Caribbean, surged 5.27% in pre-market trading on Wednesday following the release of its impressive third-quarter 2025 financial results. The company's performance significantly exceeded analyst expectations, driven by strong operational results and a substantial tax benefit.
Arcos Dorados reported a remarkable quarterly earnings per share (EPS) of $0.71, dramatically outperforming the FactSet analyst consensus estimate of $0.14 by 407%. This represents a substantial increase from $0.17 per share in the same period last year. The company's net income for the quarter reached $150.4 million, bolstered by a $125.2 million net benefit from a federal tax credit in Brazil related to the period 2016-2023.
While revenue came in at $1.2 billion, slightly below the analyst estimate of $1.229 billion, it still showed a 5.11% increase year-over-year. The company's performance was further strengthened by robust systemwide comparable sales growth of 12.7% versus the prior year, aligning with the company's blended inflation for the period. Notably, Arcos Dorados' digital channels, including Mobile App, Delivery, and Self-order Kiosks, saw an 11.2% year-over-year increase in sales, accounting for 61% of systemwide sales in the quarter. These results demonstrate the company's successful digital transformation and operational efficiency in a challenging economic environment across Latin America and the Caribbean.
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