Mexico · Companies

Key Facts

—Net profit crash. Alsea’s Q2 net profit fell 53% to MXN 531.5 million (US$30.5 million).

—Starbucks Mexico drag. Same-store sales at Starbucks Mexico dropped 2%, offsetting gains at Chili’s and Vips.

—Outlook slashed. Full-year EBITDA growth forecast was cut to low-single digits from mid-single digits.