March 12, 2013

Arcos Dorados Somewhere Between Gold And Scrap Iron

"At the same time, though, the company may have gotten a little too aggressive with its pricing in an attempt to offset wage and input cost inflation. A BigMac in Brazil costs BRL 9.50, against a minimum wage of under BRL 5 per hour. By the same standard, a U.S. BigMac would cost over $14. "

Opinion on Seeking Alpha
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