Headline: Alsea's Third Quarter Net Profit Takes a Sharp Dive

Starbucks (NASDAQ:SBUX), Burger King, and Domino's Pizza are managed by the Mexican restaurant chain operator Alsea, which has experienced a significant decline in third-quarter net profit. The company reported a 98% drop in profit, falling to a modest 11.9 million pesos. In addition to this sharp profit decrease, Alsea faced a substantial reduction in quarterly revenues, which dropped 64% from the previous year to a total of 20.74 billion pesos. This downturn signals a challenging period for the company, a key player in Mexico's food and beverage sector.