Philippines
Shakey’s Pizza Asia profits up 11% in 2024
Shakey’s Pizza Asia profits up 11% in 2024
Systemwide sales (SWS) are at $385m (PHP21.7b), up by 17%.
Jollibee Group partners with Nutricycle Inc. to convert food waste to fertilisers
This could produce 480-960 bags of organic fertiliser annually.
Jollibee Group expands global reach through foreign acquisitions
System-wide sales growth in foreign countries has overtaken the expansion back home.
Jollibee Group full-year net profit surges 17.7%
The group reported double-digit growth in local and international system-wide sales.
Philippine bourse lifts Jollibee’s foreign ownership limit
It was previously set at 40%.
Philippines' Jollibee Group launches first Milksha concept store
Customers can enjoy its Signature 3Q Milk Tea, Strawberry Coulis Milk, and Jasmine Green Tea with Cloudy Cream.
EGGDROP debuts in the Philippines
The brand also plans to open its second store in Bonifacio Global City by early 2025.
Tiong Bahru Bakery debuts in the Philippines
The brand is owned by Jollibee Group.
Figaro Coffee Group earmarks $20.4m for 2025 expansion
The brand plans to open 40 to 60 new stores this year.
Jollibee set for strong 20% growth in FY2025
Its growth is balanced by strong domestic and international businesses.
Jollibee launches first-ever global loyalty program
The brand has teamed up with Landor to amplify this initiative.
Philippines' Figaro Coffee Group reports 36% surge in after tax net profit in 2024
The group’s growth was boosted by the expansion of its pizza business.
Philippines’ Max’s Group posts flat growth amidst restaurant closures
The group reported a 1.7% blended same-store sales growth.
Jollibee Group reports net income increase of 15.3% in Q3 2024
The group attributed the growth this quarter to its acquisition of Compose Coffee.
Shakey’s Pizza Asia posts flat revenue amidst expansion and sales building investments
However, the group expects sales boosts during the holidays to boost their net income to double digits by year-end.
Jollibee Group acquires full ownership of Tim Ho Wan
They have acquired it for the amount of S$20.2m.
Chatime revamps Philippine menu in face of ‘boba’ bubble burst
It wants to go beyond just bubble tea by relaunching its smoothie line.
