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Americana Restaurants’ net profit up by 16.5% in Q1 2025
Americana Restaurants’ net profit up by 16.5% in Q1 2025
This was due to revenue growth and improved gross margin through cost initiatives.
Yum China sales up by 2% YoY in Q1 2025
The company has declared a cash dividend of $0.24 per share on its common stock.
Luckin Coffee net revenue surges 41.2% in Q1
Revenues from self-operated stores also increased by 41.5%.
Shakey’s Pizza Asia profits up 11% in 2024
Systemwide sales (SWS) are at $385m (PHP21.7b), up by 17%.
Devyani acquires Indian F&B operator Sky Gate Hospitality for $49.1m
The deal is expected to be completed in May.
Nothing Before Coffee secures $2.3m in Pre-Series A funding
The fresh funds will be used to open 150 new cafes by 2026.
CHAGEE aims to raise $411m US IPO
It has an expected price range of US$26 to US$28 per share.
Guzman y Gomez reports 23.6% global network sales growth in Q3
The group reported positive growth in four markets it operates.
Domino’s Pizza China’s revenue soars 41.4% YoY in FY2024
The group expects to open approximately 300 net new stores in 2025.
Fore Coffee seeks $23m in IPO to fuel expansion
76% will be used to open 140 outlets across Indonesia.
Jollibee Group full-year net profit surges 17.7%
The group reported double-digit growth in local and international system-wide sales.
Singapore urged to cap F&B licenses amidst record closures
More than 3,000 restaurants folded up in 2024.
Tomoro Coffee founder steps down as Global CEO
Sands Talk Capital CIO was named as interim.
Luckin Coffee’s net revenue surges by 38% YoY in FY2024
Total number of stores increased by 37.5% YoY to 22,340.
Restaurant Brands International buys back Burger King China
The transaction price was approximately $158m in cash.
Philippine bourse lifts Jollibee’s foreign ownership limit
It was previously set at 40%.
Americana Restaurants’ net profit drops by almost 39% YoY in 2024
This was attributed to lower adjusted EBITDA, higher depreciation from new stores, and UAE corporate tax implementation.
