Jollibee is optimistic about global expansion

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Jollibee Foods Corp. (JFC) opens its 100th store in North America, advancing its goal of becoming the world’s best food and beverage company.

The fast-food giant has 100 stores in Africa, and the Canadian province of British Columbia has just opened a new one. JFC President and CEO Ernesto Tanmantiong said this is a significant milestone that demonstrates the strength of the team and the continued support of a diverse fan base.

The company plans to expand further in North America and now has more than 1,600 Jollibee restaurants in 17 countries. Despite a decline in net profit in the first nine months of last year, both consolidated revenue and system-wide sales increased.

(Source: manilatimes Image source: freepik)

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