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Jollibee group opens first Tim Ho Wan in mainland China

ABS-CBN News
Posted at Sep 29 09:04 AM

Jollibee Foods Corp said Tuesday it opened mainland China's first Tim Ho Wan located in Shanghai last Sept. 23. Read more »

Jollibee brings Chickenjoy to Liverpool in UK, West Plano in Texas with new stores

ABS-CBN News
Posted at Sep 16 02:36 PM

Jollibee Foods Corp said it brought the world famous Chickenjoy to Liverpool in the UK with the opening of its first store in the area while customers continue to line up in its newly opened branch in West Plano, Texas.   Read more »

Jollibee Group opens Coffee Bean & Tea Leaf in New York, Smashburger in Boston

ABS-CBN News
Updated as of Sep 04 04:45 PM

Jollibee Group said Friday it brought back The Coffee Bean and Tea Leaf to New York City and has debuted the new Smashburger store design in Boston.    Read more »

Jollibee incurs P10 billion net loss in Q2 as pandemic bites

ABS-CBN News
Updated as of Aug 05 12:09 PM

Jollibee Foods Corp said Wednesday it incurred a net loss of P10.2 billion for the second quarter as system wide sales fall as the global population shelters from the coronavirus pandemic.   Read more »

Coffee Bean & Tea Leaf, Smashburger brands 'profitable' by 2021: JFC

Jessica Fenol, ABS-CBN News
Updated as of Jul 25 03:54 PM

Jollibee Foods Corp chairman Tony Tan Caktiong said Friday the group's brands Coffee Bean & Tea Leaf as well as Smashburger could be profitable by 2021 as "improvements" are being implemented. Read more »

Jollibee slashes 2020 capex, sees 'slow recovery' as virus hampers growth

Jessica Fenol, ABS-CBN News
Updated as of Jul 24 11:01 PM

Jollibee Foods Corp said Friday it slashed its capital expenditure for 2020 due to the global impact of the coronavirus pandemic while remaining confident of its "bright future." Read more »

Jollibee resumes dine-in across 1,000 branches nationwide

ABS-CBN News
Updated as of Jul 20 04:15 PM

Jollibee Foods Corp said Monday it has resumed dine-in and has intensified safety protocols in over 1,000 outlets nationwide, weeks after COVID-19 lockdowns started to ease. Read more »

Chickenjoy supplier Cargill says uptick in demand driven by 'dining, working at home'

ABS-CBN News
Updated as of Jul 06 10:45 AM

There are signs that the demand for poultry products is picking up after COVID-19 lockdowns gradually ease but oversupply is likely to remain for the rest of the year, Cargill Philippines said Monday. Read more »

Jollibee slashes capex, eyes delivery to recover from COVID-19 lockdown

ABS-CBN News
Posted at Apr 07 03:34 PM

Jollibee Foods Corp said Tuesday it would reduce its planned capital expenditures for the year as the coronavirus pandemic disrupts operations. Read more »

Jollibee 'ready-to-cook' items for sale during COVID-19 lockdown

ABS-CBN News
Updated as of Mar 27 07:54 PM

Jollibee Foods Corp said Friday it made available ready-to-cook items in select stores for take-out or drive thru after it closed outlets to dine-in customers during the 1-month lockdown of Luzon. Read more »

Fruitas channels 'idol' Jollibee as shares rise on stock exchange debut

Michelle Ong, ABS-CBN News
Updated as of Nov 29 06:44 PM

Fruitas shares were up 42.86 percent at noon from its initial public offering price of P1.68 per share. Proceeds from the sale of 533.7 million common shares will be used to grow the business. Read more »

Jollibee's chief taste officer travels the world to challenge McDonald's, KFC

Jessica Fenol, ABS-CBN News
Updated as of Oct 17 10:41 AM

The potential acquisition target need not be large, but it has to offer "superior" tasting food, said Jollibee Foods Corp CEO Ernesto Tan Mantiong. Read more »

Chicken joy with adobo rice? Jollibee says it’s possible as US testing ensues

Jessica Fenol, ABS-CBN News
Posted at Oct 12 02:26 AM

Jollibee Foods Corp is exploring the possibility of introducing other Filipino food products to the global market such as Adobo rice, its CEO said Friday.  Read more »

Jollibee to raise investment in Tim Ho Wan Asia Pacific franchise buyer

ABS-CBN News
Posted at Oct 02 04:37 PM

Jollibee Worldwide will hike its capital investment in the buyer of the Tim Ho Wan franchise in Asia Pacific to P4.5 billion from P1.69 billion, the country's largest restaurant operator disclosed.  Read more »

Jollibee net income halved on Smashburger losses, Red Ribbon sales

ABS-CBN News
Posted at Aug 05 03:52 PM

Despite its P1.1 billion net income attributable to equity holders of the parent company for the second quarter, profit level is expected to recover by 2020, the country’s largest fast food operator said in a disclosure to the stock exchange. Read more »

Jollibee founder eyes 50-50 revenue split between local, foreign businesses

ABS-CBN News
Updated as of Jun 28 04:46 PM

MANILA - Jollibee Foods Corp. founder Tony Tan Caktiong on Friday said he was optimistic on achieving the company’s goal of a 50-50 revenue split between its local and foreign businesses as worldwide sales surge. Read more »

Mickey Mouse, Donald Duck inspired Jollibee's iconic bee mascot: CEO says

ABS-CBN News
Posted at Apr 26 08:06 PM

The "loveable" Disney characters Mickey Mouse and Donald Duck were the inspiration behind Jollibee Foods Corps bee mascot, its president and CEO sai Read more »

DoubleDragon finishes all 41 floors of Jollibee Tower

ABS-CBN News
Posted at Apr 08 12:37 PM

The tower, which has a total leasable area of 59,365 square meters, is expected to contribute P631.8 million in annual recurring income for DoubleDragron, the company said in a disclosure to the stock exchange.    Read more »

DoubleDragon partners with Chickenjoy supplier for industrial hubs

ABS-CBN News
Posted at Jan 09 04:26 PM

The partnership between DoubleDragon's CentralHub Industrial Centers Inc will help Cargill's C-Joy Poultry Meats Production Inc proceed with its planned 30-hectare industrial developments across multiple locations, DoubleDragon told the stock exchange. Read more »

Jollibee Foods Corp income up 16.1 percent in first half

ABS-CBN News
Updated as of Aug 14 02:10 PM

Jollibee Foods Corp on Tuesday said it posted a net income attributable to shareholders of P4.05 from January to June, up 16.1 percent compared to the same period last year. Read more »