Jollibee Foods Corporation is re-evaluating its planned P8 billion preferred share offering to downsize it or opt for more flexible bank loans in light of its stronger cash flow and the expected interest rate cuts in the coming months. In an interview, Jollibee Chief Finance Officer Richard Shin...
Jollibee Foods Corporation, one of the largest Asian food service companies, is not planning to bring recently-acquired Compose Coffee to the Philippines over the next five years as it will be focusing on growing the brand’s market share in South Korea. In an interview, Jollibee Chief Finance...
Jollibee Foods Corporation, one of the largest Asian food service companies, will continue to slowly expand its presence in China, targeting 100 new stores to augment its existing 560 stores despite prevailing challenges that has led to lower same-store sales growth. Jollibee Group Chief Financial...
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 (JFC) is seeking to grow its presence in the United States through the expansion of its flagship Jollibee, which is aimed at the fried chicken market, while continuing to develop its Mexican food brand Tortazo. JFC Chief Finance Officer Richard Shin In a media...
Jollibee Foods Corporation, through the S$100-million investible funds from Titan Dining II LP (Limited Partnership), is planning to bring one of its foreign brands to Asia while further developing the group’s Chinese cuisine category. Jollibee Foods Corporation Chief Finance Officer Richard Shin...
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 (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...
The Jollibee Group continues to be bullish about the prospects of its coffee shop businesses in the Philippines and overseas, particularly in Vietnam where it still has plans for an initial public offering (IPO) for Superfoods which owns the Highlands Coffee brand. Jollibee Foods Corporation Chief...
Jollibee Foods Corporation expects to exceed sales and operating income targets it set for 2023 after its Philippine and overseas numbers hit record levels in the second quarter on the back of a recovery in consumer spending and its continued expansion. In a media briefing, Jollibee Chief Financial...
Jollibee Foods Corporation (JFC), the giant Asian food service company controlled by tycoon Tony Tan Caktiong and his siblings, reported a 13.9 percent dip in attributable net income to P4.4 billion in the first half of 2023 from the P5.1 billion earned in the same period last year. Jollibee...
Jollibee Foods Corporation (JFC), one of the largest Asian food service companies, reported a 1,412 percent surge in attributable net income to P2.3 billion in the first quarter of 2022 from P152.6 million in the sae period last year. In a disclosure to the Philippine Stock Exchange, the firm said...
