Latest news with #Alsea
Time Out
28-05-2025
- Business
- Time Out
The best burgers in Buenos Aires
It all started in 2017 in a small, homey space where César and his team baked breads meant to be shared with friends. 'At that time, we noticed many artisanal burger joints didn't value the bread, so we saw an opportunity: we could solve that crucial gap,' he says. That's how The Flour Store was born, first as a specialized bakery with a healthy, additive-free approach, quickly becoming a word-of-mouth favorite. 'Before, bread wasn't seen as an essential part of a good burger. But when we started talking about bread as the star, something changed. Now many places had to improve their recipes,' César explains. The brand grew fast, received orders from renowned burger joints, and was even contacted by Alsea, Burger King's supplier. In 2018, they built a 600m2 production facility, enabling them to supply a select group in the burger circuit with uncompromising quality bread. In 2021, they doubled down: if they were already making the best bread, why not make the best burger too? Thus was born their location on Humahuaca, in Almagro, where they bake daily both the bread—with 40% natural potato—and the patties made from premium ribeye from export-grade meat. 'From day one it was a frenzy. By 8 pm, more than 80 people were waiting outside, so we had to open earlier,' César recounts. Demand was so high they even had to pause delivery app orders for a while. Besides premium meat and homemade bread, The Flour Store offers a top-notch selection of craft beers—over 130 styles—wines, and rare drinks not usually found in burger spots. 'We don't use photo styling or sell smoke: no photos on the menu, and what you see on socials are real pictures posted by customers. 100% real,' he assures. With seven years of experience, local and international media recognition, and mentions in guides like Eater and Cuisine & Vins, The Flour Store is a clear benchmark in the Argentine burger scene.
Yahoo
19-05-2025
- Business
- Yahoo
3 Global Growth Stocks With Insider Ownership Up To 38%
In a week marked by a significant de-escalation in trade tensions between the U.S. and China, global markets have responded positively, with major indices such as the Nasdaq Composite and S&P 500 posting strong gains. This improved sentiment comes amid cooling inflation rates and ongoing economic negotiations, providing an encouraging backdrop for investors seeking growth opportunities. In this environment, stocks with high insider ownership can be particularly appealing as they often indicate confidence from those closest to the company's operations. Name Insider Ownership Earnings Growth KebNi (OM:KEBNI B) 38.3% 66.1% Pharma Mar (BME:PHM) 11.8% 43.1% Vow (OB:VOW) 13.1% 81% Global Tax Free (KOSDAQ:A204620) 20.8% 35.1% Elicera Therapeutics (OM:ELIC) 23.8% 107.1% Fulin Precision (SZSE:300432) 13.6% 44.2% CD Projekt (WSE:CDR) 29.7% 37.4% Elliptic Laboratories (OB:ELABS) 22.6% 51.9% Nordic Halibut (OB:NOHAL) 29.7% 60.7% Zhejiang Leapmotor Technology (SEHK:9863) 15.6% 60.7% Click here to see the full list of 842 stocks from our Fast Growing Global Companies With High Insider Ownership screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Growth Rating: ★★★★★☆ Overview: Alsea, S.A.B. de C.V. operates restaurants across Latin America and Europe with a market cap of MX$38.98 billion. Operations: The company generates revenue from its operations in Food and Beverages across Europe (MX$23.50 billion), Latin America (LATAM) (MX$13.98 billion), and Mexico, including distribution and production activities (MX$43.67 billion). Insider Ownership: 38.9% Alsea, S.A.B. de C.V., a leading restaurant operator, is poised for significant growth with earnings forecasted to rise 49.6% annually, outpacing the MX market's 11.2%. Despite lower profit margins compared to last year and debt concerns, Alsea's strategic alliance with Chipotle for expansion in Mexico highlights its growth potential. The stock trades at a discount to estimated fair value and plans substantial store openings this year further bolster its growth outlook. Dive into the specifics of Alsea. de here with our thorough growth forecast report. According our valuation report, there's an indication that Alsea. de's share price might be on the expensive side. Simply Wall St Growth Rating: ★★★★★☆ Overview: ABL Bio Inc., a biotech research company with a market cap of ₩2.94 trillion, focuses on developing therapeutic drugs for immuno-oncology and neurodegenerative diseases. Operations: The company's revenue is primarily derived from its biotechnology segment, specifically startups, amounting to ₩33.40 billion. Insider Ownership: 29.9% ABL Bio is positioned for growth with revenue expected to increase 21.7% annually, surpassing the KR market's 7.6%. Although its return on equity is forecasted to remain modest at 13.2%, the company anticipates becoming profitable within three years, exceeding average market growth rates. A recent licensing agreement with GSK could provide significant financial inflows, including up to £2.075 billion in milestone payments and royalties, enhancing its potential for future expansion in neurodegenerative disease treatments. Unlock comprehensive insights into our analysis of ABL Bio stock in this growth report. Upon reviewing our latest valuation report, ABL Bio's share price might be too optimistic. Simply Wall St Growth Rating: ★★★★★☆ Overview: China Ruyi Holdings Limited is an investment holding company involved in content production and online streaming across the People's Republic of China, Hong Kong, Europe, and internationally with a market cap of HK$31.97 billion. Operations: The company generates revenue primarily from its Content Production Business, which accounts for CN¥127.04 million, and its Online Streaming and Online Gaming Businesses, contributing CN¥3.51 billion. Insider Ownership: 16.9% China Ruyi Holdings is poised for significant growth, with revenue projected to rise 27.4% annually, outpacing the Hong Kong market's 8.4%. Despite a forecasted low return on equity of 10.7% in three years and recent shareholder dilution, the company is expected to become profitable within this period. Recent financial activities include a HK$2.341 billion fixed-income offering and plans for convertible bonds issuance, which may support its expansion efforts despite past net losses due to warrant-related adjustments. Navigate through the intricacies of China Ruyi Holdings with our comprehensive analyst estimates report here. In light of our recent valuation report, it seems possible that China Ruyi Holdings is trading beyond its estimated value. Dive into all 842 of the Fast Growing Global Companies With High Insider Ownership we have identified here. Curious About Other Options? This technology could replace computers: discover the 22 stocks are working to make quantum computing a reality. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years. Companies discussed in this article include BMV:ALSEA * KOSDAQ:A298380 and SEHK:136. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Reuters
13-05-2025
- Business
- Reuters
Nutresa sells Colombian Starbucks franchise stake to Mexico's Alsea
BOGOTA, May 13 (Reuters) - Colombian processed food company Nutresa ( opens new tab said it sold its 30% stake in the country's Starbucks (SBUX.O), opens new tab franchise operator to a unit of Mexican restaurant chain Alsea ( opens new tab. In a statement on Monday night, Nutresa said it had signed a contract with Alsea unit Cafe Sirena in which it agreed "to sell all the shares in held in Estrella Andina, corresponding to 30% of outstanding shares in the company." Nutresa, which sells processed foods worldwide including coffee, pasta and cookies, did not detail the value of the deal. Neither company immediately responded to requests for more details. Nutresa had since 2013 held shares in Estrella Andina, the operator of Starbucks franchises in Colombia. As of March, Estrella Andina had 72 Starbucks stores in Colombia. Mexico City-based Alsea has long operated franchises for brands including Starbucks, Domino's Pizza and Burger King, across Latin America and Western Europe.
Yahoo
13-05-2025
- Business
- Yahoo
Nutresa sells Colombian Starbucks franchise stake to Mexico's Alsea
BOGOTA (Reuters) - Colombian processed food company Nutresa said it sold its 30% stake in the country's Starbucks franchise operator to a unit of Mexican restaurant chain Alsea. In a statement on Monday night, Nutresa said it had signed a contract with Alsea unit Cafe Sirena in which it agreed "to sell all the shares in held in Estrella Andina, corresponding to 30% of outstanding shares in the company." Nutresa, which sells processed foods worldwide including coffee, pasta and cookies, did not detail the value of the deal. Neither company immediately responded to requests for more details. Nutresa had since 2013 held shares in Estrella Andina, the operator of Starbucks franchises in Colombia. As of March, Estrella Andina had 72 Starbucks stores in Colombia. Mexico City-based Alsea has long operated franchises for brands including Starbucks, Domino's Pizza and Burger King, across Latin America and Western Europe.
Yahoo
25-04-2025
- Business
- Yahoo
Chipotle CEO warns ‘the consumer is sitting on the sideline,' leading to the chain's first same-store sales decline since 2020
For the first time since 2020, saw a decrease in quarterly same-store sales. CEO Scott Boatwright pointed to cautious consumers and a spending slowdown as the primary culprits for a sales dip and lower-than-expected quarterly revenues. Boatwright has previously said Chipotle would not raise its prices. Chipotle is beginning to notice the impact of consumers spooked by volatile economic conditions. The company reported on Wednesday a 6.4% increase in quarterly revenues to $2.88 billion, falling short of the $2.95 billion expected. Same-store sales dipped 0.4%, Chipotle's first quarterly same-store sales decrease since 2020. While the chain saw a 1.9% average increase in checks, transactions dropped 2.3%. Chipotle previously projected same-store sales for the year to grow by low- to mid-single digits, but now expects those sales to be in the low-single digits. The Mexican-inspired fast-casual chain blamed a spending slowdown for the weaker than forecasted sales. 'Saving money because of concerns around the economy was the overwhelming reason consumers were reducing the frequency of restaurant visits,' CEO Scott Boatwright said during a call with investors, citing an internal visitation study. He cited poor weather, as well a late Easter holiday delaying Chipotle's busy 'burrito season,' as additional reasons for the slower quarter. 'We believe it's a culmination of many things. Whether it's weather, the Easter shift; whether it's consumer slowdown on consumer spending, and/or tough compares, I really believe it's all the above,' Boatwright said. 'But I think the underlying trend…is really tied to the consumer sitting on the sideline.' Boatwright has previously warned the industry can expect to see a slowdown as a result of economic uncertainty and market turmoil. 'It's my take that the consumer is being very cautious and optimistic at present,' Boatwright told the Fortune Leadership Next podcast earlier this month. 'Many are preserving cash because of the unknown, or potential consequences, downstream consequences, intended or unintended from the current administration. And so you're seeing a pullback, a market pullback, at present.' But despite the uncertainty, the company has held fast that it is prepared to weather the storm. Chipotle announced earlier this week plans to make its first foray into the Latin American market, opening a handful of locations in Mexico in 2026. The company, which operates its 3,700 locations, will test the waters with a new outside restaurant operator, partnering with Alsea, which operates franchises for Domino's, Starbucks, and other chains in Latin America. Chipotle has also taken steps to dodge the impact of tariffs, diversified the sourcing of produce like avocados since 2018, when President Donald Trump introduced levies on Mexico during his first administration. Mexico supplied as much as 85% of Chipotle's avocados in the past, but the chain has since turned to countries like Dominican Republic, Guatemala, and Colombia for the key guacamole ingredient, now sourcing about half of its avocados from Mexico. Chief financial officer Adam Rymer said during its earnings calls that Chipotle is also contending with increased costs of beef and packaging due to tariffs. Chipotle holds the stance it will not pass down tariff costs on customers, calculating Trump's tariff plan would cost about 0.5% of margin per year. Boatwright said the company would absorb the increased costs. 'We don't understand which components of the tariffs are transitory and which will be permanent,' Boatwright told Fortune. 'And I think it's unfair to the consumer to pass those costs off to the consumer, because pricing is permanent.' This story was originally featured on Sign in to access your portfolio
