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Jollibee reports expansion across 33 countries with store growth

Jollibee logoJollibee
Sig2.65Sen+2.20Env0.00Soc0.00Gov0.00

Jollibee Group’s global network grew 6.4% year on year, adding 461 gross new stores in the first half. Consolidated same-store sales rose 4.4% overseas and 1.3% in the Philippines, lifting total same-store sales to 2.7%. Q2 system-wide sales climbed 14.2% to P130.81B and revenue 10.7% to P85.91B, while attributable net income rose 5.7% to P3.39B; first-half net income fell 13.3%.

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