Restaurant operator Alsea posts 34% drop in first quarter profit-May 2024-www.financetom.com

Restaurant operator Alsea posts 34% drop in first quarter profit

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Restaurant operator Alsea posts 34% drop in first quarter profit

Apr 23, 2024 3:54 PM

MEXICO CITY, April 23 (Reuters) - Mexican restaurant

chain operator Alsea reported on Tuesday a 34% fall

in its first-quarter net profit, reaching 404.1 million pesos

for the first three months of the year.

Alsea, which operates chains including Starbucks ( SBUX ),

Burger King and Domino's Pizza, also reported a

3% rise in quarterly revenue compared to the same period last

year to total 18.2 billion pesos.

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