(Reuters) – Mexican restaurant chain operator Alsea on Tuesday posted a 98% tumble in its third-quarter net profit, reaching just 11.9 million pesos.
Alsea, which operates chain stores including Starbucks, Burger King and Domino’s Pizza, also reported quarterly revenues up 6.5% from a year earlier to 20.74 billion pesos.
(This story has been corrected to fix the percent change for revenue to ‘up 6.5%,’ not ‘down 64%,’ in paragraph 2)
(Reporting by Sarah Morland and Kylie Madry; Editing by Leslie Adler)
