Investors who want to play the significant improvement in the quality of life and buying power of consumers in Latin America are not exactly spoiled for choice. With regulatory burdens and costs making U.S. listings increasingly seem like more bother than they're worth, there is only a scant handful of direct consumer plays for the region.
That scarcity value alone would make Arcos Dorados (ARCO) interesting. But given that this large McDonald's (MCD) franchisee also happens to be delivering very solid growth as well, it is worth a look from investors looking to play the emerging consumer trend in Latin America.
Slinging a Lot More Burgers South of the Border
Arcos Dorados saw revenue jump nearly 29% on a reported basis for the second quarter, or nearly 19% on a constant currency basis. Same-store sales chipped in 15% growth, as the company continues to benefit from traffic and ticket growth across its operating geography.
To read the full piece, click below:
Arcos Dorados: When Quality Meets Scarcity
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