Home Tags Jollibee

Tag: jollibee

Red Ribbon, Smashburger weigh on JFC profit

HOMEGROWN food giant Jollibee Foods Corp.’s (JFC) attributable profit dropped by half in the second quarter of 2019, dragged by losses in its recently acquired US burger chain Smashburger, alongside lower sales from Red Ribbon.

Jollibee sets sights on Indonesia with CBTL beachhead

MANILA — Philippines’ Jollibee Foods Corp. is training its sights on Indonesia, with newly acquired US chain Coffee Bean & Tea Leaf (CBTL) its entry point in the economically expanding and densely populated Southeast Asian neighbor, its top officials said.

Jollibee’s overseas push may cost stock’s premium valuation

JOLLIBEE Foods Corp., one of the most expensive Philippine stocks, could see its premium valuation deteriorate as the Manila-based restaurant operator pursues overseas expansion to cut its reliance at home.

Shares decline as Jollibee plunges on CBTL deal

LOCAL SHARES fell on Wednesday mainly due to the sell-off in index heavyweight Jollibee Foods Corp. (JFC) following its acquisition of California-based The Coffee Bean and Tea Leaf (CBTL).

Jollibee forms JV with Panda Express operator

HOMEGROWN food giant Jollibee Foods Corp. (JFC) has established a joint venture (JV) firm with the owner and operator of Panda Express restaurants, as it prepares for the opening of the brand’s first store in the country.

Jollibee targets 50% revenue share from foreign stores in 5-7 years

JFC Holdings Corp., which controls the Jollibee fast food chain, said it hopes to achieve a 50/50 mix between foreign and domestic store revenue in five to seven years, noting that growth rates are stronger at its overseas locations.

Smashburger drags Jollibee income lower in Q1

EARNINGS of homegrown food giant Jollibee Foods Corp. (JFC) dropped by 14.7% in the first quarter of 2019, pulled down by losses of recently acquired burger chain Smashburger and weak consumer sentiment.

30 years on, Jollibee sits atop the food chain of its...

BANDAR SERI BEGAWAN — In one of the most densely populated residential areas of Brunei, a Jollibee drive-through outlet is being built that is poised to cement the red-and-yellow bee’s position on the top of the sultanate’s food service industry heap.

Jollibee sets P17-billion capital spending for 2019

JOLLIBEE Foods Corp. (JFC) is beefing up capital spending this year to P17.2 billion as it continues to expand its store network this year, following the homegrown food giant’s double-digit profit growth in 2018.

DoubleDragon partners with Cargill-Jollibee JV

DOUBLEDRAGON Properties Corp. has teamed up with the local unit of multinational firm Cargill for the development of industrial facilities in the country.

Jollibee takes 47% stake in US Mexican-food business

JOLLIBEE Foods Corp. (JFC) said Friday that it achieved deal closing on a US partnership to build a Mexican-themed restaurant business.

Jollibee gains full control of Smashburger

JOLLIBEE Foods Corp. (JFC) has taken full control of American burger chain Smashburger, after acquiring the remaining 15% stake in the company’s parent for $10 million.

Jollibee nets P2B in Q3 amid global push

HOMEGROWN food giant Jollibee Foods Corp. (JFC) expanded its attributable profit by a fourth from July to September, lifted by its global store expansion alongside the consolidation of American burger chain Smashburger into its portfolio.

Jollibee opens 1st store in Macau

Jollibee Foods Corp. (JFC) opened the first branch of its Jollibee fastfood chain in the Macau Special Administrative Region last week, as it continues to ramp up its global expansion.

Jollibee to introduce Panda Express in PHL

HOMEGROWN FOOD giant Jollibee Foods Corp. (JFC) is teaming up with Chinese-American restaurant operator Panda Restaurant Group, Inc. (Panda) for the introduction of Panda Express restaurants in the country.

Jollibee set to open 1st stores in London, Macau, Manhattan

HOMEGROWN FOOD giant Jollibee Foods Corp. (JFC) will be opening its first stores in the United Kingdom (UK), Macau, and Manhattan within the next few months.

Jollibee teams up with celebrity chef Bayless for Mexican restaurants in...

FAST FOOD giant Jollibee Foods Corp. (JFC) is partnering with celebrity chef Rick Bayless to expand the latter’s Mexican casual restaurant chain in the United States.

Jollibee invests $12.4 million in Mexican restaurant chain in US

Jollibee Foods Corp. said it will be venturing into the Mexican restaurant business in the US through acquiring almost half of a Chicago-based Mexican...

McDo’s Sharon-Gabby ad lands on top of YouTube’s leaderboard

THE REUNION of former celebrity couple Sharon Cuneta and Gabby Concepcion in a McDonald’s commercial handily beat four episodes of Jollibee’s ad series, “Kwentong Jollibee,” making it the most popular YouTube ad in the Philippines for the first half of 2018.

Jollibee Q2 income jumps 15% amid expansion

STRONG sales from its fastfood businesses in the Philippines and abroad helped lift Jollibee Foods Corp.’s (JFC) earnings 15% higher in the second quarter.

Jollibee ramping up global store expansion

JOLLIBEE Foods Corp. (JFC) is putting up 500 stores globally this year while scouting for new acquisitions, in a bid to have an equal contribution in sales from the local and international segments by 2023.

Jollibee invests in Tim Ho Wan franchise for Asia Pacific

By Arra B. Francia, Reporter JOLLIBEE Foods Corp. (JFC) will be investing S$45 million, or around P1.74 billion, on the private equity fund that bought...

JFC invests in Tim Ho Wan brand

HOMEGROWN food giant Jollibee Foods Corp. (JFC) will be investing 45 million Singaporean dollars, or around P1.74 billion, on the buyer of Tim Ho...

Jollibee ordered to suspend delivery website after data breach

The National Privacy Commission (NPC) has ordered Jollibee Foods Corporation (JFC) to suspend its online food delivery operations and implement preventive website security measures...

Jollibee brings Vietnamese chain to Philippines

JOLLIBEE Foods Corp. (JFC) will be bringing is Vietnamese restaurant chain Pho 24 to the Philippines, the homegrown fastfood giant disclosed to the stock...

Behind Jollibee’s heart-warming viral videos is data

For McCann Philippines, creativity's "perfect pair" is actually data.

JFC completes deal to gain control of Smashburger

JOLLIBEE Foods Corp. (JFC) has completed its acquisition of an additional stake in American burger chain Smashburger, effectively expanding the homegrown fastfood giant’s global...

DoLE orders regularization of over 7,000 workers under Jollibee group

The Department of Labor and Employment (DoLE) has ordered regular employment status for more than 7,000 workers of Jollibee Foods Corp. (JFC) contractors and...

Stocks dip on Jollibee news, US-China trade war

The local barometer fell on Wednesday, April 4, tracking the negative sentiment in regional markets, alongside the sell-off of shares in Jollibee Foods Corp....

Jollibee boosts stake in Smashburger to 85%

Homegrown food giant Jollibee Foods Corp. (JFC) has further ramped up its stake in United States-brand Smashburger with an additional investment of $100 million. In...

Strong sales boost Jollibee profit in Q3

FAST food giant Jollibee Foods Corp. (JFC) grew its profit by 21.1% in the third quarter of 2017, lifted by improved sales in both...

Jollibee shuts China hot pot chain

By Arra B. Francia, Reporter JOLLIBEE FOODS Corp. is closing its 12 Hotpot restaurant chain in China, as it shifts its focus on building larger...

Fried chicken king Jollibee chases McDonald’s with US, China hunt

MANILA/SINGAPORE — Jollibee Foods Corp., the fast food chain that controls more than half of the Philippines’ $4-billion market with its signature fried chicken,...

Jollibee said eyeing bid for United Kingdom’s Pret A Manger

HONG KONG -- Jollibee Foods Corp., popular in the Philippines for its sweet-style spaghetti and fried chicken, is exploring a bid for Britain’s Pret...

Jollibee capex set to double amid aggressive store expansion

JOLLIBEE Foods Corp. said it is looking to breach the 4,000-store level across all its brands in 2017, while allocating P14.7 billion in capital...

Jollibee blends Mother’s Day and Graduation Day

Ads & Ends Nanette Franco-Diyco CREATIVE AGENCY MCCANN Worldgroup calls it its Jollibee brand love series, referring to its Kwentong Jollibee vignettes inspired by real-life stories...

Jollibee adds to Valentine joys

Ads & Ends Nanette Franco-Diyco THE CELEBRATION of Valentine’s Day has truly peaked. The day celebrating love saw a lot of blazing red dresses, shirts, pants,...

Jollibee celebrates real love

Ads & Ends Nanette Franco-Diyco THE NEWLY LAUNCHED digital and television commercials of Jollibee’s Burger Steak express how someone who’s deeply in love really knows it’s...

McDonald’s teases rival with chicken loved by ‘Joys’

IN A NEW TV advertisement released by McDonald’s Philippines, Pinays reveal two things they have in common: the name Joy, and their love for...

The creative energy of Jollibee

Ads & Ends Nanette Franco-Diyco I WAS SCANNING the Internet, carefully noting down links to Lenten recollections, spiritual readings, and inspirational talks to recommend to...