Fastfood giant Jollibee Foods Corp. (JFC) is eyeing a 12 percent rise in systemwide-sales this year as it accelerates the pace of new store openings in both the local and international markets, a top company official said.
Out of the projected 12 percent growth rate, seven percent is expected to come from store expansion while the remaining five percent will come from same store-sales growth, the executive, who requested anonymity said.
(Source: philstar.com)