Philippines' Jollibee posts Q1 profit as international sales recover


MANILA, May 15 (Reuters): Philippines' Jollibee Foods Corp has announced that 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.

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