Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

James Crichton And Adam Weiss’ Scout Capital Management Reported 10.78% Stake in $ARCO

James Crichton And Adam Weiss’ Scout Capital Management reported on November 10th for its 10.78% passive stake in Arcos Dorados Holdings Inc. (ARCO). The filing shows the firm now has 13.96 million shares in ARCO, which is a 48% expansion from its 9.45 million shares position in the second quarter. Scout Capital Management initiated its ARCO position in April, and reported 6.73 million shares or 5.2% stake in its 13G filing on May 2nd. Arcos Dorados is McDonald’s largest franchisee. The company initial public offered 73.4 million shares on April 14th. Now the stock is trading at $21.35, representing a nearly 50% return from its expected IPO price.

Arcos Dorados Holding Inc (NYSE:ARCO)

Scout Capital was founded by Adam Weiss and James Crichton in 1999. Weiss worked at Dan Loeb’s Third Point as a research analyst before that. He holds an AB in Fine Arts from Harvard College and a joint law degree and MBA from Columbia University. James Warby Crichton III is a graduate of United States Military Academy and Harvard Business School.

Arcos Dorados Holdings Inc. is McDonald’s largest franchisee. The company operated or franchised 1,755 McDonald’s-branded restaurants as of December 31, 2010. It operates its 1,755 McDonald’s-branded restaurants under 1,292 company-operated restaurants and 463 franchised restaurants. It generates revenues from sales from these two formats of restaurant. Now the company is also the biggest fast-food chain in Latin America and the Caribbean.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!