Gold bars to be exempt from tariffs, White House clarifies
MONTEVIDEO - Arcos Dorados Holdings Inc. (NYSE:ARCO), the world’s largest independent McDonald’s franchisee and a leading restaurant chain in Latin America and the Caribbean, has announced the appointment of Luis Raganato as its new Chief Executive Officer, effective July 1, 2025. The company, currently valued at $1.59 billion, has demonstrated strong financial performance with revenues of $4.47 billion in the last twelve months. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value calculations, presenting a potential opportunity for investors. Raganato will take over from Marcelo Rabach, who will step down as CEO but continue to serve on the company’s Board of Directors.
Raganato’s journey with Arcos Dorados began in 1991 as a crew member in Argentina, culminating in his role as Chief Operating Officer since 2019. His leadership was pivotal during the 2020 global pandemic, and he played a significant part in advancing the company’s digital transformation, contributing to its recent record financial results. The company maintains a healthy dividend yield of 3.19% and has increased its dividend for three consecutive years, reflecting strong operational performance. For deeper insights into ARCO’s financial health and growth potential, investors can access comprehensive analysis through InvestingPro’s detailed research reports. Executive Chairman Woods Staton expressed confidence in Raganato’s ability to lead the company into its next growth phase, highlighting his commitment to the company’s values and vision.
In parallel, Carlos Gonzalez will step into the role of Chief Operating Officer, also effective July 1, 2025. Gonzalez, with a background in the financial and automotive sectors, joined McDonald’s Chile in 2000 and rose through various leadership positions, most recently serving as President of the South Latin American Division. The company maintains a solid market position with a P/E ratio of 11.73 and positive earnings projections for the current fiscal year.
Arcos Dorados operates more than 2,400 restaurants in 20 Latin American and Caribbean countries and territories, employing over 100,000 people as of March 31, 2025. The company is committed to community development, providing first formal job opportunities for young people, and implementing environmentally sustainable practices. With an EBITDA of $483.7 million in the last twelve months, the company demonstrates strong operational efficiency despite challenging market conditions.
This leadership transition is part of the company’s ongoing strategy to drive growth and value for stakeholders. The information provided is based on a press release statement from Arcos Dorados Holdings Inc.
In other recent news, Arcos Dorados Holdings Inc. announced its first-quarter earnings, which fell short of analyst expectations. The company reported earnings per share of $0.07, missing the consensus estimate of $0.15. However, revenue surpassed expectations, coming in at $1.1 billion compared to the anticipated $1.05 billion. Systemwide comparable sales grew by 11.1% year-over-year, aligning with the company’s blended inflation rate. Despite this growth, consolidated adjusted EBITDA declined by 16.2% to $91.3 million, with margins contracting from 10.1% to 8.5%. CEO Marcelo Rabach mentioned that the first quarter was expected to be the low point of the year, with March showing the strongest performance. Digital sales saw a year-over-year increase of 6.3%, making up nearly 60% of total systemwide sales, and the company’s loyalty program reached 18.8 million members. Arcos Dorados opened 12 new "Experience of the Future" restaurants during the quarter and plans to accelerate openings to meet its annual target of 90-100 new restaurants.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.