Jollibee Foods Corp. (JFC) reported robust second-quarter financial results, marking a sharp turnaround from the previous quarter and underscoring the strategic strength of its multi-brand, multi-market model.
In 2Q 2025, the Jollibee Group’s system-wide sales (SWS) hit a record P114.5 billion, up 19.6 percent year-on-year, while revenues rose 15.5 percent to P77.6 billion. Operating income surged 19.1 percent to P6 billion, with margins improving by 30 basis points to 7.8 percent. Net income attributable to equity holders grew 5.6 percent to P3.2 billion, reversing the profit decline seen in 1Q.
CEO Ernesto Tanmantiong attributed the performance to “continued business momentum and improved operational execution,” particularly from the Coffee & Tea segment, and steady growth in both the Philippine and international businesses.
Notably, the international business posted a 32.6 percent increase in SWS, driven by a 68.8 percent surge in the Coffee & Tea segment, led by Compose Coffee, which contributed 56.6 percent of the growth. Compose Coffee is on track to exceed 3,000 stores, with a projected 36 percent return on invested capital (ROIC) in 2025.
Domestic brands also performed well. Philippine SWS rose 11.3 percent, with Jollibee (+13.3 percent) and Mang Inasal (+13.9 percent) leading. Same store sales growth (SSSG) in the Philippines reached 6.4 percent, while international SSSG was at 4.1 percent, with strong performance from North America and EMEAA brands.
CFO Richard Shin highlighted the effectiveness of the group’s cost optimization and portfolio innovation, stating: “Our margin expansion and improved earnings reflect disciplined execution and asset efficiency, supported by our ongoing shift to a more capital-light model—with 69 percent of stores now franchised.”
The company’s global store network grew 45.5 percent year-on-year, reaching over 10,100 outlets, led by aggressive international expansion, especially in Vietnam, North America, and key Asian markets.
Jollibee reaffirmed its full-year guidance, citing sustained momentum, enhanced profitability, and strategic capital deployment focused on high-performing segments. Notably, Jollibee Chickenjoy was once again recognized as the #1 fast food fried chicken in the U.S. by USA Today, marking a second consecutive year of global recognition.
The group continues to position itself as a major global food service player, leveraging a diversified brand portfolio and strong operational execution across 33 countries.
