Previous close | 64.35 |
Open | 64.65 |
Bid | 68.25 x 3375900 |
Ask | 68.68 x 29500 |
Day's range | 64.65 - 68.68 |
52-week range | 51.05 - 85.38 |
Volume | |
Avg. volume | 1,637,412 |
Market cap | 55.853B |
Beta (5Y monthly) | 1.24 |
PE ratio (TTM) | 20.16 |
EPS (TTM) | 3.40 |
Earnings date | 24 Jul 2024 - 29 Jul 2024 |
Forward dividend & yield | 1.20 (1.86%) |
Ex-dividend date | 10 May 2024 |
1y target est | 80.53 |
Fast-food chain operator Alsea reported on Tuesday a 34% fall in its first-quarter net profit, driven mainly by foreign exchange swings and weaker consumption in some of its markets. Alsea, which operates chain restaurants and cafes including Starbucks, Burger King and Domino's Pizza , also reported a 3% rise in quarterly revenue compared with the same period last year to total 18.2 billion pesos.
Mexico's Alsea, which operates chains such as Domino's Pizza and Starbucks, plans to invest six billion pesos ($358.85 million) into the business this year, up 27% from 2023 spending, the firm's chief financial officer said on Wednesday. Nearly half of that will go toward opening new locations, with 25% to be spent on maintenance, 15% on remodeling and another 15% on digitalization, CFO Federico Rodriguez said at the company's investor day event. More than half of the spending will be concentrated in Mexico, Rodriguez added.
Mexico's Alsea, which operates chains such as Domino's Pizza and Starbucks, plans to surpass the 5,000-store mark by the end of this year, the firm's chief executive officer said on Wednesday. "We operate more than 4,600 stores and our plan is to surpass the 5,000 store milestone by the end of the year," said CEO Armando Torrado, speaking at the firm's investor day.