Jollibee Foods Corporation
Jollibee Foods Corporation (JFC), one of the largest Asian food service companies, has 18 brands in 34 countries. As of 31 March 2022, JFC was operating 6,246 stores worldwide: 3,225 in the Philippines and 3,021 international: 468 in China, 379 in North America, 310 in EMEAA, 538 with SuperFoods mainly in Vietnam, 1,062 with CBTL and 264 with Milksha. Its largest brands by store outlets worldwide are Jollibee with 1,538, Coffee Bean & Tea Leaf 1,062, Chowking 608, Mang Inasal 577 and Highlands Coffee 500.
See below for the Latest JFC News, Analysis, Profit Results, Share Price Information, and Commentary.
Jollibee picks Hong Kong for spin-off listing
Jollibee picks Hong Kong for spin-off listing
Richard Shin will lead the separated company as chief executive.
3 days ago
Jollibee slashes capital expenditure targets
The group has also decided to reduce restaurant openings.
Jollibee net profit slips 13.3% in H1
Quarter-on-quarter profits grew 130.5%.
Jollibee secures ‘three-peat’ as Best Fast Food Fried Chicken in the US
Coming in second is Church’s Texas Chicken.
Jollibee Group ranks 71st in SEA 500 after revenue hits $5.31b
The ranking is the company's third consecutive appearance on the list.
Jollibee buys Shabu All Day for $87m to seize hot pot lead
The hotpot segment is poised to reach approximately $90b by 2029.
Jollibee launches Compose Coffee in the Philippines
The Philippine launch is another step in a broader regional takeover in Southeast Asia.
Highlands Coffee targets $400m in Vietnam IPO—report
The Jollibee-backed chain has nearly 1,000 sites.
Jollibee scales Philippine supply chain amidst 2027 US listing plan
Multi-brand infrastructure project strengthens the group's position in its home market.
High rents, labour costs loom over Jollibee’s Australia plans
A crowded chicken segment could also weigh on initial growth.
Philippines' Jollibee lists international business spinoff in US
Jollibee Foods Corporation International will include its operations, businesses outside the Philippines.
What to know about Jollibee’s Australia plans
The fast-food chain may open first outlet in Campbelltown, Sydney
Jollibee partners with global girl group KATSEYE for limited-edition merch
It features the Shared Dream Tank Top, Chickenjoy Gnarly Box Tee, and Double Drop Denim Tote.
Jollibee tops Philippines in Sustainability Perceptions Value
The brand is also ranked 17th amongst restaurant brands globally.
Jollibee Group introduces new brand identity
This move aims to attract new franchise partners and investors.
Jollibee posts record-breaking net income for 2024
It also plans to spend up to $370m to open 800 restaurants before the end of the year.
Jollibee banks on localisation to win in key Southeast Asian markets
The brand reported an increase of 27.8% in systemwide sales in Q1 in SEA
Commentary
Why localised franchising is key to Asia’s QSR Race