Arcos Dorados Expects Total Capital Expenditures In 2026 To Be $275M-$325M

Opened 102 restaurants in 2025 and expects to open 105 to 115 restaurants in 2026

Total Capital Expenditures in 2026 are expected to be $275 million to $325 million

Arcos Dorados Holdings Inc. (NYSE:ARCO) ("Arcos Dorados" or the "Company"), Latin America's largest restaurant chain and the world's largest independent McDonald's franchisee, today provided guidance for restaurant openings and total capital expenditures for 2026.

2025 Actual and 2026 Guidance – Restaurant Openings and Capital Expenditures

Restaurant Openings

The Company opened 102 restaurants in 2025, including 88 free-standing units. There were 64 openings in Brazil, 23 in the South Latin American Division, and 15 in the North Latin American Division. The total included 73 company-operated locations.

For 2026, the Company expects to open 105 to 115 restaurants across its operating footprint.

Capital Expenditures

Total capital expenditures in 2025 are estimated to have been towards the low end of last year's guidance range of $300 to $350 million.

For 2026, the Company projects total capital expenditures of $275 million to $325 million, including all openings, modernizations, optimizations and maintenance capital expenditures of the restaurant portfolio, as well as the Company's investments in its information technology systems and capabilities. The Company expects to fund these investments with cash generated from operations and cash on hand.