Rio joining us Thank same in and try well in will And answer thank -- your questions [ph] you Dan. answer. I question. the you, as first both Perfect. call to Well, your you for thank in for Tiago same the
input -- margin of have food in market. that our of successfully since seeing costs have terms despite all we we of pressures In in the and paper gross pandemic, the we managed cost the terms margin, ongoing beginning are
pre-pandemic Just last see even period. the have that you margin will over analyzing quarters, P&L, versus the expanded couple gross our of we
local During Brazilian were in On basis versus the gross of quarter reaching depreciation real the currency, of million, XX as was in higher dollars profit period. gross despite XX% reported XXXX, XXXX which Argentine XXXX, peso. able margin the in especially XX.X% first of the increase to and this points US then $XXX we by the
at Now current the situation. look let's
that spikes are year increasing pretty accelerated key issues As all we COVID, these conflict due all on by with worldwide in the seeing aggravated input know in to costs international began Ukraine this price we climate severe commodities. the
first. let's about talk So commodities
these them our the costs. suppliers of commodity and with effect and some key top We input give coverage directly themself use an increases. exposed represents by us but Although suppliers structure, of represent cost the are have that, lower and rising where to diversified than to of a use percentage against more The full certain instruments of exception we even that of total we with on with price our item hedges X% negotiations beef. paper executed volatility, very we are costs, single commodity mitigate no commodities negotiate cost structure price
to We and that taking use flow lock good cash making agreements very prices our supplier also have advantages we purchases of in contracts advance, by generation.
our protocols take prices better We economies our have scale. suppliers. with to scale, we and negotiate, are of size course, of and of advantage main because That's able pricing of our we
side, So we a to all revenues. at cost are managing need explain the also in take look we but detail, we how doing on are the
As Arcos implemented you management know, Dorados successful has revenue strategies. been
a have margin, inflation we pricing effective usually are digital studied increase new example, while key purchase the are continues gain gross frequency role with with or our improve at segmentations even to For and thoroughly order greater the in guests. our also maintaining to check, existing used offers protecting strategies, line play most strategically in that personalizations. The expanded sales our of market share. by Digital to customers increase
mobile increasing guest's labor needs enhancing ability efficiency and and continue expand Our focus our on our to preferences. lab capabilities to
cost So in already with management even with a above check to inflation, cost strategy successful in inflation. us margins, some increases allowed been increase combined line price we of This pressures. challenging the described, able increase have with face gross very our to
Finally, allow resulted us pandemic. the also G&A, in during XXXX percentage EBITDA this will of of that deliver implemented from we as our during first the and All helped an history. quarter the me, strong if quarter together aggressive our highest you controls especially which improved income first margin payroll, more have gross we sales than margin. because managed of of with EBITDA the cost take lines further statement have sales, step successfully a I a benefited Other in rent the XX.X%
We deliver revenues. sales dollars if are continues in in another very terms of we markets, our percentage confident US the and then trend healthy year a that will main of EBITDA, of both
