|Exchange:||New York Stock Exchange|
|Stock:||Arcos Dorados Holdings Inc|
|Arcos Dorados Holdings, Inc. was incorporated on December 9, 2010 under the laws of the British Virgin Islands as a direct, wholly-owned subsidiary of Arcos Dorados Limited, the prior holding company for the Arcos Dorados business. The Company operates its McDonald’s-branded restaurants under two basic structures: Company-operated restaurants operated by it and franchised restaurants operated by franchisees.As of December 31, 2012, it operated or franchised 1,948 McDonald’s branded restaurants, which represented 7.0% of McDonald’s total franchised restaurants worldwide. It operates McDonald’s branded restaurants under two different operating formats, Company-operated restaurants and franchised restaurants. It divides its operations into four geographical divisions: Brazil; the Caribbean division, consisting of Aruba, Curaçao, French Guiana, Guadeloupe, Martinique, Puerto Rico and the U.S. Virgin Islands of St. Croix and St. Thomas; NOLAD, consisting of Costa Rica, Mexico and Panama; and SLAD, consisting of Argentina, Chile, Colombia, Ecuador, Peru, Uruguay and Venezuela. It conducts substantially all its business through its indirect, wholly-owned Dutch subsidiary Arcos Dorados B.V. The Company operates McDonald’s-branded restaurants under two different operating formats, those directly operated by it, or Company-operated restaurants, and those operated by franchisees, or franchised restaurants. It generates revenues primarily from two sources: sales by Company-operated restaurants and revenues from franchised restaurants that primarily consist of rental income, which is generally based on the greater of a flat fee or a percentage of sales reported by franchised restaurants.|
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