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Patrick Barber's avatar

Have you tracked store count density by franchise, eg as a % of population, and compare it to the US or UK or other developed markets to get a sense of the store count growth potential? Obviously there are per capita income differences, but it would still be interesting to see the density of a developed market vs a developing one to get a sense of the potential over a long duration

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JiriJan's avatar

Hello Brett, may I ask you, how did you arrive at the EV of 58 Billion Mexican Pesos in this particular case?

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Brett Schafer's avatar

Adding back net debt to market cap, not including operating leases

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JiriJan's avatar

Right, that makes sense. Thank you very much.

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