Philippines' Jollibee posts Q1 profit as international sales recover [Reuters]
JOLLIBEE FOODS UNSP/ADR (JBFCY)
NASDAQ:AMEX Investor Relations:
jollibee.com.ph/investors
Company Research
Source: Reuters
Philippines' Jollibee posts Q1 profit as international sales recover By Reuters Staff 2 Min Read MANILA, May 12 (Reuters) - Philippines’ Jollibee Foods Corp said on Wednesday it posted a net profit for the second consecutive quarter, supported by international sales that have recovered to pre-pandemic levels. The fast food giant, known for its fried ‘Chickenjoy’ and chopped hotdogs in sweet spaghetti sauce, has used its dominant position at home to pursue an aggressive overseas expansion in recent years, increasing its footprint in China and buying brands in the United States. In a disclosure statement, Jollibee reported a 153 million pesos ($3.2 million) profit in the first quarter, reversing a 1.7 billion net loss in the same period last year, but below the 2 billion pesos it made in the fourth quarter of 2020. “Most of our businesses abroad are reaching sales at pre-pandemic level,” Jollibee CEO Ernesto Tanmantiong said. Compared to the first quarter of 2019, sales declined by 28.
Show less
Read more
Impact Snapshot
Event Time:
JBFCY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
JBFCY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
JBFCY alerts
High impacting JOLLIBEE FOODS UNSP/ADR news events
Weekly update
A roundup of the hottest topics
JBFCY
News
- Billionaire Tony Tan Caktiong's Jollibee Boosts Titan Dining Investment [Forbes]Forbes
- Merch Madness! Jollibee Brings the Joy Beyond Chicken with the Launch of its New Jolly Merch Shop and Limited-Edition Clothing Collection [Yahoo! Finance]Yahoo! Finance
- THE COFFEE BEAN & TEA LEAF® BRAND OPENS NEW LOCATION IN SANTA MONICA, CA [Yahoo! Finance]Yahoo! Finance
- Joy to Brooklyn! Jollibee Makes Its Much-Anticipated Debut in the Dynamic New York City Borough on Friday, February 2, 2024 [Yahoo! Finance]Yahoo! Finance
- Jollibee's Sterling Heights Grand Opening on January 12th Captivates a Thousand of Joyful Customers, as Loyal Fans and Newcomers Flock to Brand's First Michigan Location [Yahoo! Finance]Yahoo! Finance