Alsea achieves quarterly sales record, reaching 16.8 billion pesos in 2Q2022

• In 2Q22, Alsea reported 6 quarters of sustained sales and positive EBITDA growth in all regions
• Same-Store Sales (SSS):

• Despite the normalization of economic activities and open stores, home delivery sales continued to grow. For the quarter, delivery sales increased 13.1% vs. 2Q21, totaling 3,100 million pesos, 11 million orders, and representing an 18.4% share of consolidated sales
• The Company has over 6.2 million active users across all its digital platforms
• EBIDTA in 2Q22 increased by 779 million pesos vs. 2Q21, to reach 3,627 million pesos for the quarter
• EBITDA:

• Net Income for 2Q22 was 237 million pesos, an increase of 180 million pesos compared to 2Q21, with a net margin of 1.4%, and an earnings per share of 2.32 pesos.
• In 2Q22, capital expenditure reached 863 million pesos, driven by the opening of 34 corporate units, for a total of 61 openings in the last six months.
• Cash held climbed to 5.0 billion pesos at the end of 2Q22, compared to 3.8 billion at the end of 2Q21.
• At the end of 2Q22, the Company employed 73,667 people, compared to 65,520 in 2Q21.

Miranda Newswire – Full Press Release: Download PDF

Contact Details

Nadia Vizcaíno

Forward-Looking Statements

This press release contains certain forward-looking information regarding the Company’s results and outlook. However, actual results may vary materially from these estimates. Information on future events contained in this release should be read jointly with the risk summary in the Annual Report. This information, as well as future reports made by the Company or any of its representatives, whether verbally or in writing, may vary significantly from actual results. These projections and estimates, which are prepared in reference to a determined date, should not be taken as fact. The Company is in no way liable for updating or revising any of these projections and estimates, whether as a result of new information, future events or other associated events.

About Alsea

Alsea is the leading restaurant operator in Latin America and Europe of global brands in the quick service, coffee shop, fast casual, casual and family dining segments. It has a diversified portfolio, with brands such as Domino’s Pizza, Starbucks, Burger King, Chili’s, P.F. Chang’s, Italianni’s, The Cheesecake Factory, Vips, Vips Smart, El Portón, Archies, Foster’s Hollywood, Gino’s, TGI Fridays, Ole Mole and Corazón de Barro. The company operates more than 4,200 units in Mexico, Spain, Argentina, Chile, Colombia, France, Portugal, Netherlands, Belgium, Luxembourg and Uruguay. Alsea’s business model includes support for its brands through a Shared Services Center that provides all the Administrative and Development Processes, as well as the Supply Chain. For more information please visit: www.alsea.com.mx