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The company’s revenues for the quarter were up 25% from a year earlier, totaling 17.518 billion pesos.
The company said in a statement its same store sales rose 30.5% in comparison with 3Q21, while its same store orders grew 17.9%.
Alsea, whose franchises include coffee chain Starbucks (NASDAQ:SBUX), Domino’s Pizza (NYSE:DPZ) and Burger King in several countries, pulled in 3.48 billion pesos in earnings before interest, taxes, depreciation and amortization (EBITDA), a 10.6% increase in comparison to the previous year.
Last month, Alsea said it would invest $225 million in Starbucks by 2026, opening 200 new stores in Mexico.
($1 = 20.1271 pesos by end-September)
