Earnings

Chief executive and chairman Takahashi Kenichi said the group’s performance and responses to its halal brands have been “extremely” encouraging.

The company expanded its reach and market by exploring other channels, such as cloud kitchens, retail outlets, and e-commerce platforms.

System-wide sales, including those from franchised locations, rose 25.5%.

Here is a summary of the most interesting news stories of the week from around the world.

The company earlier said it might delist from the New York Stock Exchange by 2024.

The company expects to reach $4 billion in global food sales this year.

Here is a summary of the most interesting news stories of the week from around the world.

Net income increased 26% to US$990 million.

The coffee giant’s global CEO acknowledged the impact of soaring inflation, higher worker costs and the impact of the Omicron variant on the business.

F&B sales value during that month remained below pre-pandemic levels.

It is also getting a majority stake in the firm that owns bubble tea chain Milksha.

Losses were attributed to lower government grants and lower rental concessions from landlords.