As of December 2024, JFC has 9,766 stores across all its brands, which include Chowking, Mang Inasal, Greenwich, Coffee Bean and Tea Leaf and Tim Ho Wan
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“The performance of our better burger category was also below expectations. While same store sales growth turned positive during the fourth quarter, we need to further grow average daily sales and continue to work on profitability for this category,” he said. In the fourth quarter of 2024, Jollibee’s net income attributable to equity holders of the parent company slipped 4.8% to P1.9 billion due to the group’s share in net losses of certain joint ventures.
This year, Shin said the homegrown fast-food giant is earmarking up P18 billion to P21 billion in capital expenditures to open 700 to 800 stores across all its brands.
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