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View ALSSF Detailed Price Forecast - CNN Money | View ALSSF Detailed Summary - Google Finance | ||
View ALSSF Detailed Summary - Yahoo! Finance | View ALSSF Stock Research & Analysis - Zacks.com |
View ALSSF Trends & Analysis - Trade-Ideas | View ALSSF Major Holders - Barrons | ||
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UPDATE 2-Restaurant operator Alsea to boost investments 27% in 2024
Posted on Wednesday March 13, 2024
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.
Restaurant operator Alsea plans to top 5,000 stores this year
Posted on Wednesday March 13, 2024
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.
UPDATE 1-Alsea sees 2024 like for like sales growth in high single digits
Posted on Tuesday February 27, 2024
Mexican restaurant chain operator Alsea sees like for like sales growth in the high single digits in 2024, its Europe finance chief Federico Rodriguez said on Tuesday. Rodriguez, who Alsea announced earlier on Tuesday would take over as the company's chief financial officer in March, made the comment a day after Alsea announced a 37% jump in fourth-quarter net profit on the back of an uptick in sales. Shares in Alsea in Mexico's main stock index were up over 3% in early trading on Tuesday.
Alsea sees like for like growth in high single digits in the coming year
Posted on Tuesday February 27, 2024
Mexican restaurant chain operator Alsea sees like for like sales growth in the high single digits in the coming year, the company's Europe finance chief Federico Rodriguez said on Tuesday. The company, which said it would provide further guidance at a March 13 event in Mexico City, announced earlier on Tuesday that Rodriguez would become Alsea's chief financial officer in March.