Arcos Dorados Announces Long-Term Growth Targets and $25 Million Share Buyback
Arcos Dorados (ARCO) has outlined an ambitious strategic roadmap for the 2027-2030 period, targeting mid- to high single-digit annual revenue growth. The company aims to achieve high single-digit to low double-digit annual adjusted EBITDA growth through a significant expansion program. The expansion plan includes opening between 550 and 600 new restaurants by 2030, supported by a capital expenditure budget of $1.3 billion to $1.5 billion. Additionally, the company is initiating a $25 million share buyback program, signaling confidence in its long-term cash flow generation.
Tickers: $ARCO
Topics: EBITDA growth long-term guidance restaurant expansion revenue growth