Starbucks leaves Alsea with 'venti' profits: Increases revenues by 2.3% in 2T2024.

El Financiero

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In the second quarter of 2024, Alsea, the operator of Starbucks and Domino's Pizza, reported revenue of 19 billion 52 million Mexican pesos, a 2.3% annual increase; while same-store sales growth was 9%. This was primarily supported by an increase in Mexico sales of 8.8%, while in Europe, sales increased 0.8% in local currency, with a decrease of 2.7% in Mexican pesos; and South America declined 9% in Mexican pesos. In same-store sales, the Quick…