Alsea Reports Sales of 19.052 Billion Pesos in the Second Quarter of 2024

  • Same-Store Sales (SSS):

  • Total Sales* increased 2.3% in the second quarter; excluding exchange rate effects, sales grew 9.6%.

  • Digital sales (E-Commerce, Aggregators & Loyalty) accounted for 33.9% of Alsea’s total sales, reaching $6.4 billion pesos, with an impressive growth of 37.3%.

  • 8.1 million active** users in loyalty programs.

  • EBITDA* increased 7.6%, with a margin of 14.4%.

  • The Net Debt / EBITDA* leverage ratio reached 2.3x at the end of the quarter.

 
*Excluding the effect of IFRS 16, as well as the effect related to the restatement for hyperinflation in Argentina.
**Active users: last 90 days for Starbucks and 180 days for the other formats.

 

Miranda Newswire – Full Press Release: Download PDF

 

Investor Relations Contact:

Gerardo Lozoya Latapi

Nicolas Espinoza Meneses                                            

Investor Relations                                                                      

Telephone: +52 (55) 7583-2000 | ri@alsea.com.mx  

 

Press Contact:

Nadia Vizcaíno

Mario Páez

mario.paez@alsea.com.mx

55 2737 1981

 
About Alsea
Alsea is the leading restaurant operator in Latin America and Europe of global brands in the quick service, coffee shop and full-service 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, Archies, Foster’s Hollywood, Gino’s and TGI Fridays. The company operates more than 4,600 units in Mexico, Spain, Argentina, Chile, Colombia, France, Portugal, Netherlands, Belgium, Luxembourg, Uruguay and Paraguay. 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
Their shares are traded on the Mexican Stock Exchange under the ticker symbol ALSEA*

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