Alsea S.A.B. de C.V (ALSSF) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to Alsea second quarter 2026 earnings data conference. My name is Gerardo Lozoya and I'm a head of investor relations and corporate affairs. Today you will hear from our chief executive officer Christian Gurria and Federico Rodriguez our chief financial officer. Before we continue our friendly reminder that some of our comments today will contain forward-looking statements based on our current and that future results may differ materially from these statements. Today's call should be considered in conjunction with disclaimers in our earnings release and most recent Bolsa Mexicana de Valores report. The company is not obliged to update or revise any such forward-looking statements. Please note that unless specified otherwise, the earnings numbers referred to are based on pre-IFRS 16 standards. I will now hand it over to Christian for his initial remarks. Please go ahead, Chris. Thank you, Gerardo. Good morning and thank you all for joining us in ALCEA's second quarter 2026 earnings video conference. I will begin with an overview of our performance during the quarter, highlighting key operating trends across regions and brands, as well as our progress in digital expansion and ESG initiatives. Federico, our CFO, will then walk you through our financial results in more detail. Before going into quarterly figures, I would like to briefly step back and provide some context on how the quarter evolved. As anticipated at the start of the year, consumer demand remained uneven across our markets and became more challenging during the second quarter, particularly in Mexico. April was the softest month, reflecting weaker discretionary spending and lower traffic across much of the industry. Conditions improved slightly in May and further in June, ...