The Jollibee Group has inaugurated the first Tiong Bahru Bakery branch in the Philippines—its first foray into fresh viennoiseries and handmade pastries—more than a year after signing a joint venture to bring the brand to the country. Originally hailing from Singapore, Tiong Bahru Bakery is...
Jollibee Foods Corporation (JFC), one of the largest Asian food service companies, reported a 15.3 percent growth in attributable net income to P2.81 billion in the first nine months of 2024, as third-quarter earnings rose 24.1 percent to P8.47 billion. In a disclosure to the Philippine Stock...
Jollibee Foods Corporation (JFC) announced that its Board of Directors approved the declaration of a regular cash dividend of P2.04 billion or P1.82 per share of common stock on Nov. 11, 2024. In a disclosure to the Philippine Stock Exchange (PSE), the firm stated that the dividend will be...
Jollibee Foods Corporation, one of the largest Asian food service companies, is expecting to post higher operating income growth this year after posting a 28.9 percent profit growth and deciding to reduce its expansion pace and capital expenditure budget. In a disclosure to the Philippine Stock...
Jollibee Foods Corporation, one of the largest Asian food service companies, is banking on franchisees to ramp up its global expansion into new areas, aiming to triple its net income in five years. During the firm’s annual stockholders’ meeting, Jollibee President and CEO Ernesto Tanmantiong...
Jollibee Foods Corporation, one of the largest Asian food service companies, reported a 26.9 percent growth in attributable consolidated net income to P2.62 billion in the first quarter of 2024 from the P2.06 billion earned in the same period last year (SPLY). Jollibee Group President and CEO...
Jollibee Foods Corporation announced the appointment of Denise Nelsen as first female chief executive officer for its fast-casual better burger brand - Smashburger. As the new Smashburger CEO, Denise Nelsen will drive innovation and growth for the brand, all while fostering a culture of...
Jollibee Foods Corporation (JFC), one of the largest Asian food service companies, is investing P20 billion to P23 billion for capital expenditures this year as it projects to sustain its growth to record-breaking levels in 2024. In a disclosure to the Philippine Stock Exchange, the firm said capex...
Jollibee Foods Corporation has opened its first Jollibee store in Michigan, the 14th US state that the firm has reached in the market since it started its aggressive global expansion effort. Jollibee Group President Ernesto Tanmantiong “We are thrilled to be opening our first store in the...
Jollibee Foods Corporation continues to expand its presence overseas and announced that it has opened the 100th store of its flagship Jollibee brand in North America located in Strawberry Hill, British Columbia, Canada. . Jollibee recently opened its 100th North America store in Surrey,...
The Jollibee Group announced the opening of the first Common Man Coffee Roasters (CMCR) cafe in the Philippines at the Ayala Triangle Gardens, Makati City. In a statement, the firm said this milestone opening is part of the Jollibee Group’s aggressive growth plans this year, consistent with its...
Jollibee Foods Corporation (JFC), one of the largest Asian food service companies, reported a 5.7 percent dip in attributable net income to P6.82 billion in the first nine months of 2023 from the P7.24 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange...