Arcos Dorados Holdings Inc (NYSE:ARCO) Q1 2023 Earnings Conference Call May 17, 2023 10:00 AM ET
Company Participants
Marcelo Rabach - Chief Executive Officer
Luis Raganato - Chief Operating Officer
Mariano Tannenbaum - Chief Financial Officer
Daniel Schleiniger - Vice President, Investor Relations
Operator
Good morning, everyone and thank you for joining our First Quarter 2023 Earnings Webcast. With us today are Marcelo Rabach, our Chief Executive Officer; Luis Raganato, our Chief Operating Officer; and Mariano Tannenbaum, our Chief Financial Officer. Today’s webcast, which is being recorded will consist of prepared remarks from our leadership team, which will be accompanied by a slide presentation also available on the Investors section of our website www.arcosdorados.com/ir.
As a reminder, to better view the presentation on the webcast platform, please scroll over the upper left-hand part of the screen and click on the arrows to maximize the slides. After we conclude our opening remarks, we will answer your questions, which you can submit using the chat function on the left-hand side of the screen. You will need to minimize the slides to access the chat function.
Today’s call will contain forward-looking statements, and I refer you to the forward-looking statements section of our earnings release and recent filings with the SEC. We assume no obligation to update or revise any forward-looking statements to reflect new or changed events or circumstances. In addition to reporting financial results in accordance with generally accepted accounting principles, we report certain non-GAAP financial results. Investors are encouraged to review the reconciliation of these non-GAAP financial results as compared with GAAP results, which can be found in the press release and unaudited financial statements filed today with the SEC on Form 6-K.
Marcelo, over to you.
Marcelo Rabach
Thank you, Dan. Good morning, everyone and thank you for joining us today. The McDonald’s system has been generating consistently strong results around the world for the last couple of years. Arcos Dorados is no exception. This is a direct result of our long-term strategic approach to generating value for our shareholders and we expect the structural competitive advantages of our restaurant portfolio and digital platform to continue to drive value creation for the foreseeable future.
Our guests have spoken, there is no doubt we are operating the most in the QSR industry in Latin America and the Caribbean. They recognize the value we offer in our restaurants on a daily basis and the positive impact we make in our communities every year. This is why restaurant volumes continue to grow, and brand trust metrics are at all-time highs.