Armando Torrado, general director of Alsea, said in the financial statement for the second quarter of the year, that they were able to counteract the inflationary pressure in food and energy costs thanks to a price strategy (that is, increases in products) and efficiencies in the different brands.
The company’s net sales increased 35.8% to reach 16,939 million pesos, compared to 12,477 million pesos in the same period of the previous year.
Compared to the second quarter of 2019, Alsea achieved a growth in net sales of 16.2% and an increase of 25.9% in same-store sales, according to data from the company’s income statement.
The company’s operating flow registered an advance of 27.4% to 3,627 million pesos, from 2,848 million in the same period of the previous year. In the period, Alsea’s net profit was 237 million pesos, an advance of 314.6%, compared to 57 million in the same period of 2021.
Same store sales in South America registered an increase of 100.2%, the brands in Mexico presented a growth of 28.1% and the operation in Europe presented an expansion of 31%.
Home deliveries grew 13.1% in their annual comparison, which represents an amount greater than 3,100 million pesos, reaching more than 11.6 million orders and a participation of 18.4% in Alsea’s consolidated sales.
Casual food brands, such as Vips and Chili’s, show a strong recovery, with same-store sales growth of 30.2% compared to the second quarter of 2021 and growth of 2% compared to the second quarter of 2019.
The fast food segment, where Domino`s Pizza is located, continues to show a positive performance, with an increase in same-store sales of 35.1% and 39.7% compared to those registered in the second quarter of 2021 and 2019, respectively.
“I am convinced that the consistent execution of our business model, the solid portfolio of brands, the experience of the management team, together with the great operational talent that the company has, will allow us to continue with the success of the projects and established goals, thus corresponding to the trust of our investors and strategic partners”, said Torrado, who assumed the position at the beginning of the month.