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Arcos Dorados sees FY23 capital expenditures $350M
The Fly

Arcos Dorados sees FY23 capital expenditures $350M

The company said, "As announced during its recent Investor Update event, the Company plans to open 75 to 80 restaurants and modernize at least 250 existing restaurants in 2023. Around 90% of the restaurant openings are expected to be free-standing units. Total capital expenditures in 2023 are expected to be about $350 million."

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