Jollibee Group banks on robot baristas to further lift sales

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On Tuesday, May 14, JFC chief executive officer Ernesto Tanmantiong said they exceeded their profit outlook for the first quarter, with revenues growing by 11.3% to P61.3 billion and net income jumping by 23.4% to P2.7 billion. System-wide sales grew by 10.4%, with both the Philippine and international markets delivering growth in double digits. The Jollibee brand grew ahead of the Jollibee Group at 15.8%.

Shin highlighted that JFC’s $28-million investment in Botrista, a company that developed a robotic drinks solution, will help existing stores get an “instant sales lift.” Its investment represents a 10% stake.

Source: News Formal (newsformal.com)

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