Jollibee posts 27.8% sales growth in Southeast Asia

Jollibee Foods Corporation reported a significant systemwide sales growth of 27.8 percent in Southeast Asia during the first quarter.

This strong performance in the region contributed to the Jollibee Group's third consecutive year of record performance in 2024.

The company expanded its presence by opening 51 new stores in Southeast Asia in 2024, marking its 200th store in Vietnam.

Jollibee plans further expansion in Southeast Asia, aligning with its mid-term objective to triple its business within five years.

Globally, Jollibee aims to open approximately 700 to 800 new stores this year.

The company's net income attributable to equity holders of the parent company for the first quarter was P2.4 billion.