Mexican restaurant operator Alsea's first quarter profit dips 24%

ReutersApr 29, 2025 10:50 PM

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MEXICO CITY, April 29 (Reuters) - Mexican restaurant and cafe chain operator Alsea ALSEA.MX posted a first quarter net profit that dipped by nearly a quarter, hitting some 335 million pesos ($16.3 million) on Tuesday.

The Mexican multinational, which operates high profile restaurant chains as Domino's or Starbucks in Europe and Latin America, reported revenues up 12.8% over January to March, landing at around 20.0 billion pesos.

Analysts polled by LSEG expected a first quarter net profit of 697.1 million pesos, from revenues of 20.32 billion pesos.

($1 = 20.4604 pesos at end-March)

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