Jollibee Posts Record Sales as China Business Begins Recovery
System-wide sales, which measures all sales from company-owned and franchised outlets, jumped 19.6% to 114.5 billion pesos ($2 billion) in the quarter ended June from a year ago, Jollibee said in a statement released on Thursday.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Entrepreneur
38 minutes ago
- Entrepreneur
Stay One Step Ahead of Cyber Threats for Five Years for $35
Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. When you run a business, the last thing you want is sensitive company data floating around unprotected. Whether you're working from a coffee shop, hotel lobby, or airport lounge, unsecured networks are a cybercriminal's playground — and a costly breach could set you back far more than a VPN (virtual private network) subscription ever will. With AdGuard VPN's five-year plan, you're getting enterprise-level privacy at a price that makes financial sense. And it's on sale for just $34.97 (MSRP: $359.40). Using its own advanced security protocol, AdGuard delivers faster, safer browsing without the bottlenecks you find in other VPNs, the company says. That means streaming presentations, downloading large files, and accessing client portals securely — all without slowdown. You'll also have access to 70+ global locations, letting you bypass geo-restrictions and test websites, ads, or digital products exactly as your customers see them across different regions. For distributed teams, this ensures everyone can connect securely and consistently, no matter where they work. With a strict zero-logging policy, AdGuard VPN ensures that your browsing history and activity stay private — even from them. And because your subscription supports up to 10 devices simultaneously, you can cover your laptop, phone, tablet, and workstations in one go. Or you can cover 10 of your staff's devices. For $34.97 (MSRP: $359.40), you're not just buying software — you're buying five years of AdGuard peace of mind. In an era where data is a business's most valuable asset, that's a return on investment you can't ignore. AdGuard VPN: 5-Yr Subscription See Deal StackSocial prices subject to change.
Yahoo
an hour ago
- Yahoo
Thinking of Buying Tesla Stock? Here Are 2 Red Flags to Watch
Key Points Tesla's heavy reliance on Elon Musk adds significant leadership risk. Increasing competition from established automakers and Chinese EV makers is pressuring Tesla's dominance. Investors need to be comfortable with Tesla's high valuation. These 10 stocks could mint the next wave of millionaires › Tesla (NASDAQ: TSLA) has long been the front runner in the electric vehicle (EV) revolution in the U.S. Its innovation, brand strength, and rapid growth have made it a favorite among investors. Yet, despite its impressive track record, there are two big risks that investors should carefully consider before buying Tesla stock today. 1. The Elon Musk factor Elon Musk's leadership is often cited as Tesla's greatest strength -- and, paradoxically, one of its most significant vulnerabilities. Musk's vision and hands-on approach have driven Tesla's technological breakthroughs and ambitious expansion. However, this heavy reliance on a single individual introduces what investors refer to as "key man risk." If Musk were to step back from daily operations or shift his focus to other projects, Tesla might face challenges in maintaining its momentum. Though Tesla's management team has grown stronger, few executives command the same vision, drive, and public attention as Musk. Recently, Musk's increasing involvement in political activities has raised concerns about potential distractions or reputational risks for Tesla. While the company has remained operationally strong, these developments underscore the uncertainty around its future leadership continuity. While Tesla's success lies not only with Musk but also with his team, which has executed well on his vision -- no one can build a trillion-dollar company alone -- there is still no clear successor (or a viable management team) . The silver lining here is that the Tesla board has become more serious about finding one in recent months, largely due to the CEO's active involvement in politics. For investors, this means that Tesla's fortunes remain closely tied to Musk's presence and decisions -- a factor that adds a layer of risk to the investment. 2. Intensifying competition Tesla might have been an early mover in the EV industry, but its dominance is no longer guaranteed. The industry landscape is rapidly evolving, with legacy automakers and new entrants accelerating their electric ambitions. Companies like Ford and General Motors are aggressively expanding their EV lineups. For instance, Ford plans to introduce a $30,000 midsize truck by 2027. That price is significantly lower than the average for an EV, and Ford is investing $5 billion in its EV production to make it happen. GM, on the other hand, is working hard on next-generation battery technologies to improve range, charging performance, and cost. Meanwhile, Chinese manufacturers such as BYD are growing their international footprints, particularly in Europe, where Tesla experienced a nearly 27% sales declinein July 2025. BYD's battery technology, government support, and competitive pricing make it a formidable challenger. In addition, a host of EV start-ups are innovating in battery tech, autonomous driving, and new business models, further intensifying competition. While Tesla is not sitting still -- it is working on becoming the lowest-cost producer by cutting prices to grow sales volume and achieve economies of scale -- there is no guarantee that it can maintain its market share over time. In short, it's no longer the only player in town. What does this mean for investors? Tesla's story remains compelling: It's a pioneer with a powerful brand, innovative products, and potential optionality with some of its long shot bets (robotaxi, humanoid robots, etc). But the key man risk surrounding Musk and the escalating competitive landscape are real concerns that investors can't ignore. If Tesla continues to innovate more rapidly than its rivals, the company could sustain its growth trajectory. However, any leadership changes or slips in market position could hurt the business and its share price. While these two risks don't necessarily call for the sale of the stock, they do mean that investors should think carefully before buying the stock today. Tesla stock trades at a significant premium valuation to other carmakers. For perspective, Tesla has a price-to-sales (P/S) ratio of 12.9, compared to GM's 0.3. Unless you're comfortable with the risks and the high valuation, buying the stock today may not be a prudent decision. Don't miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $467,985!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $44,015!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $668,155!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join , and there may not be another chance like this anytime soon.*Stock Advisor returns as of August 13, 2025 Lawrence Nga has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool recommends BYD Company and General Motors. The Motley Fool has a disclosure policy. Thinking of Buying Tesla Stock? Here Are 2 Red Flags to Watch was originally published by The Motley Fool
Yahoo
an hour ago
- Yahoo
Tips drop as consumer spending stalls
This story was originally published on Restaurant Dive. To receive daily news and insights, subscribe to our free daily Restaurant Dive newsletter. Dive Brief: The average tip size on food and beverage orders has fallen to its lowest levels in several quarters, according to data from Square. In Q2, the average tip was 14.9%, down from 15.2% in Q1, which the point-of-sales company said aligns declining consumer confidence in the macroeconomy. In 2023, average tips were 15.5%. Nominal hourly earnings for non-supervisory restaurant workers have grown over the last decade, but wage gains in early 2025 have been uneven. Hourly pay rose to $19.24 in March, dipped to $19.20 in April and peaked at $19.40 in May before falling to $19.29 in June, according to the Bureau of Labor bullet states what happened. Dive Insight: The decline in tips, which comprised 23% of restaurant wages last year, is having a dramatic impact on restaurant workers' income. 'As consumer confidence in the economy shifts and tips fall, workers are taking home less which could lead to a return to labor uncertainties for the industry — adding to the crunch local restaurants are continuing to feel,' Ming-Tai Huh, head of food and beverage at Square, said in a statement. Even bars, which typically see the highest tip rates, the average tip fell from 17.4% in the first quarter to 16.9%, Square said. Tips at QSRs were down to 14.2% in the second quarter from 14.6% in the first quarter. Full-service restaurant tips declined to 14.6% in the second quarter compared to 14.8% in the first quarter. This isn't good news for retention either, which is a constant struggle at restaurants. According to a Legion's 2025 State of the American Hourly Workforce report, 54% of restaurant and hospitality workers plan to leave their jobs within the next 12 months. Not being able to offer competitive pay is the top retention challenge for employers, per the report. Despite tips decreasing, sales grew — albeit moderately — during the first half of the year, according to the report. QSR sales were up between 8.7% and 9.1%, following a peak of 15.8% sales growth in Q4 2024. Sales at fast casual restaurants were up 9.3% in Q4, but slowed down to 0.9% growth in 2025. This is in line with second-quarter earnings trends — Wingstop and Chipotle reported declines in same-store sales while Domino's posted an increase. Recommended Reading Are customers tipping more? Here's what the data says. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
