Shakey's keeps 2-digit growth outlook for 2024
The Philippine Star|November 17, 2024
Shakey's Pizza Asia Ventures Inc. (SPAVI) is maintaining its double-digit profit growth outlook for this year as it banks on a holiday season boost this fourth quarter.
RICHMOND MERCURIO

With easing input costs and the seasonal uplift of the fourth quarter, SPAVI said that it is expecting to deliver double-digit net income growth for the full year.

The company has likewise undertaken a store refresh initiative, modernizing its stores and outlets to enhance guest experience across its brands.

"Because of these investments, we expect our bottomline to demonstrate an upswing in the fourth quarter as the base normalizes," SPAVI president and CEO Vicente Gregorio said.

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