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Mexico's Alsea reports 98% tumble in third-quarter profit
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Mexico's Alsea reports 98% tumble in third-quarter profit
Oct 22, 2024 4:02 PM

Oct 22 (Reuters) - Mexican restaurant chain operator

Alsea on Tuesday posted a 98% tumble in its

third-quarter net profit, reaching just 11.9 million pesos.

Alsea, which operates chain stores including Starbucks ( SBUX )

, Burger King and Domino's Pizza, also

reported quarterly revenues down 64% from a year earlier to

20.74 billion pesos.

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