Shares of McDonald's biggest franchisee surge 90% in a year
Argentina-based Arcos Dorados Holdings, the largest operator of McDonald's restaurants in the world, has seen its shares gain 90% over the past year, outperforming McDonald's which gained 35%. Arcos Dorados currently operates over 2,100 restaurants in Latin America. Notably, the company is investing $500 million (over â¹3,200 crore) through 2019 to open 180 new restaurants and update existing ones.