Business Daily Media

Men's Weekly

.

Jollibee Group Reports Strong Q1 2025, Fueled by Global Expansion with Strong PH and International Growth

SINGAPORE - Media OutReach Newswire - 8 July 2025 - Jollibee Group (PSE: JFC), one of the world's largest and fastest-growing food service companies, reported robust financial results for the first quarter of 2025, reflecting strong performance both in its Philippine and international markets including continued momentum in key Asian markets such as Singapore, Vietnam, and (West) Malaysia.



Jollibee Group Q1 2025 Financial Highlights show strong sales and revenue growth, with systemwide sales up 18.9% and revenue up 14.6% year-on-year.
Jollibee Group Q1 2025 Financial Highlights show strong sales and revenue growth, with systemwide sales up 18.9% and revenue up 14.6% year-on-year.



Financial Data
Quarter 1 (Unaudited)

In PHP Millions Except for Per Share Data


% Change
2025
2024
System Wide Sales
103, 197 (US$ 1,757)
86,827 (US $1,478)
18.9
Revenues
70,226 (US$ 1,196)
61,304 (US$ 1,044)
14.6
Operating Income
4,809 (US$ 81.9)
4,091 (US$ 69.7)
17.6
EBITDA
9,776 (US$ 166.5)
8,949 (US$ 152.4)
9.2
Net Income
2,499 (US$ 42.6)
2,704 (US$ 46.0)
(7.6)
Net Income Attributable to Equity Holders of


the Parent Company
2,406 (US$ 41.0)
2,617 (US $ 44.6)
(8.1)
Earnings Per Share - Basic
2.069 (US$ 0.035)
2.244 (US$ 0.038)
(7.8)
Earnings Per Share - Diluted
2.062 (US$ 0.035)
2.238 (US$ 0.038)
(7.9)


For the quarter ending March 31, 2025, the Jollibee Group reported system-wide sales (SWS) of Php 103.2 billion (US$ 1.76 billion), an increase of 18.9% compared to Php 86.8 billion (US$ 1.48 billion) in the same period last year. Consolidated revenues grew by 14.6% year-over-year to Php 70.2 billion (US$ 1.20 billion). This growth was driven by a combination of 5.5% same store sales growth (SSSG), mainly from volume growth and new store contributions.

Same-Store Sales Growth (SSSG) in the Philippines rose by 8.5%, led by Mang Inasal (+15.9%), Red Ribbon (+11.1%), Jollibee (+8.6%), and Chowking (+6.2%). This drove an 11.9% increase in system-wide sales in Q1 2025, primarily fueled by higher transaction volumes. International SSSG grew slightly by 0.7%, with strong contributions from Europe, Middle East, Asia, and Australia (EMEAA) at +5.3%, North American operations of Asian brands—such as Jollibee, Chowking, and Red Ribbon—at +4.8%, Highlands Coffee +4.4%, Milksha +3.1%, and The Coffee Bean & Tea Leaf (CBTL) +2.8%. The China business declined by 8.3%, although Yonghe King showed sequential improvement in transaction count. Smashburger also posted an 8.0% decline in SSSG, mainly due to lower transaction volumes.

Jollibee Group Global President and CEO Ernesto Tanmantiong commented, "We are pleased with our first quarter performance, particularly the continued growth in international markets such as Singapore, where our brands are gaining deeper resonance with local and regional consumers. We are proud to see our brands thrive in diverse cultural settings affirming our belief in the global appeal of the Jollibee Group portfolio. We are also optimistic about the addition of another strong brand in our portfolio, Tim Ho Wan, which further strengthens our position in one of the world's most dynamic consumer markets and supports our long-term international growth strategy."

Jollibee Group's international business saw system-wide sales (SWS) increase by 29.5%. This performance was significantly supported by the acquisition of Compose Coffee, which contributed 17.8% to the international business' SWS growth. The Group's Coffee and Tea segment—now comprising 45.4% of its international SWS—recorded a 62.2% increase, with Compose Coffee accounting for 49% of this growth.

Tim Ho Wan, now 100% owned by the Jollibee Group effective 02 January 2025, contributed to the international business' growth in the quarter.

Flagship brand Jollibee system-wide sales rose by 13.9% globally, with standout performances in several international markets. The Philippines recorded 13.3% growth, China (Hong Kong and Macau) 12.9%, North America 10.9%, Southeast Asia 27.8%, the Middle East 12.9%, Europe 10.9%, and Guam 20.2%.

These results underscore the Jollibee brand's growing global appeal and its positioning to win with consumers across diverse international markets. Singapore alongside other Southeast Asia markets continue to play an important role in the Group's expansion, reflecting increased brand recognition and strong operational performance in the region.

Operating income grew by 17.6% to Php 4.8 billion (US$ 81.9 million), despite a 56.2% increase in advertising and promotions aimed at building brand equity and expanding market reach. The corresponding margin improved by 10 basis points due to higher gross profit levels and a modest rise in general and administrative expenses.

Net income attributable to equity holders of the Parent Company (NIAT) decreased by 8.1% to Php 2.4 billion (US$ 41.0 million), driven by higher below-the-line items. However, quarter-on-quarter, both operating income and NIAT increased by double digits. The year-over-year NIAT decline was largely due to non-operational factors.

Jollibee Group Global Chief Financial and Risk Officer Richard Shin commented, "We delivered strong revenue and operating income growth while investing meaningfully in brand building. Our disciplined execution and solid operational fundamentals helped us expand margins, even with elevated promotional spending. We remain confident in achieving our full-year 2025 guidance."

As of March 2025, the Jollibee Group's global store network increased by 44.3% year-over-year to 9,935 stores. This includes 3,393 stores in the Philippines and 6,542 stores internationally, comprising 560 in China, 361 in North America, 393 in EMEAA, 865 with Highlands Coffee primarily in Vietnam, 1,246 with CBTL, 340 with Milksha, 2,700 with Compose Coffee, and 77 with Tim Ho Wan.

The Jollibee Group's performance in Q1 2025 reflects its focused execution and the strength of its global portfolio. The continued success in Southeast Asia, including Singapore, supports its ambition to become one of the top five restaurant companies in the world.

Corporate Action

On the corporate governance front, the Jollibee Group's Board of Directors approved the declaration of a regular cash dividend of Php 1.33 (US$ 0.024) per share of common stock on April 14, 2025. The dividend was released on May 16, 2025, to shareholders of record as of May 2, 2025.

Forward-Looking Statement Disclaimer

The foregoing disclosure contains forward-looking statements that are based on certain assumptions of Management and are subject to risks and opportunities or unforeseen events. Actual results could differ materially from those contemplated in the relevant forward-looking statement, and the Jollibee Group gives no assurance that such forward-looking statements will prove to be correct, or that such intentions will not change. This Press Release discloses important factors that could cause actual results to differ materially from the Jollibee Group's expectations. All subsequent written and oral forward-looking statements attributable to the Jollibee Group or person acting on behalf of the Jollibee Group expressly qualified in their entirety by the above cautionary statements.

Hashtag: #JollibeeGroup

The issuer is solely responsible for the content of this announcement.

About Jollibee Group

The Jollibee Group (PSE: JFC) is one of the world's fastest-growing restaurant companies, driven by its purpose of spreading joy through superior taste. Its portfolio includes 19 brands with over 9,900 stores across 33 countries.

The Jollibee Group's portfolio includes nine wholly owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger and Tim Ho Wan), five franchised brands (Burger King, Panda Express, Yoshinoya, Common Man Coffee Roasters, and Tiong Bahru Bakery in the Philippines), and ownership stakes in other key brands like The Coffee Bean and Tea Leaf (80%), Compose Coffee (70%), SuperFoods Group that operates Highlands Coffee (60%), and bubble tea brand Milksha (51%). The Company also has membership interests in Tortazo, LLC, along with Chef Rick Bayless, for Tortazo in the U.S. and has recently invested in Botrista, a leader in beverage technology.

The Jollibee Group's global sustainability agenda, Joy for Tomorrow, underscores its commitment to sustainable business practices across food safety, employee welfare, community support, good governance, and environmental responsibility, among others. These focus areas are aligned with the United Nations Sustainable Development Goals (UN SDGs).

The Jollibee Group has been recognized as the Philippines' Most Admired Company by the Asian Wall Street Journal, named one of Asia's Fab 50 Companies, and listed among Forbes' World's Best Employers and Top Female-Friendly Companies. The Company is also a three-time Gallup Exceptional Workplace Award recipient and featured in TIME's World's Best Companies and Fortune's Southeast Asia 500 List.

To learn more about Jollibee Group, visit

News from Asia

Jupiter Neurosciences Launches Nugevia™ Website and Opens Pre-Orders for Groundbreaking Longevity Supplements

Targeting the Multi-Trillion Dollar Longevity MarketHONG KONG SAR - Media OutReach Newswire - 27 August 2025 - Jupiter Neurosciences, Inc. (NASDAQ: JUNS) ("Jupiter" or the "Company"), a clinical-s...

HID Unveils Next-Generation FIDO Hardware and Centralized Management at Scale

The Next Generation of HID’s FIDO Portfolio Features Hardware Authenticators and a Centralized Management Experience that Simplifies Passkey DeploymentHONG KONG SAR - Media OutReach Newswire - 27 ...

Marking 30 Years of Excellence, EtonHouse International Education Group Pledges $3 Million to EtonHouse Community Fund to Strengthen Community Impact

SINGAPORE - Media OutReach Newswire - 27 August 2025 - Marking 30 years of excellence in education, EtonHouse International Education Group, together with E-Bridge Pre-School, has pledged $3 milli...

Trend Micro Named a Leader in Exposure Management by IDC MarketScape

Measurable reduction of operational silos and cyber risk delivered with Trend Vision One™ Cyber Risk Exposure ManagementHONG KONG SAR - Media OutReach Newswire - 27 August 2025 - Trend Micro Inc...

Genius Mind Expands Service Scope Beyond Academics to Include Coding, Financial Literacy, and AI Skills

SINGAPORE - Media OutReach Newswire - 27 August 2025 - Genius Mind, one of Singapore's trusted names in home-based education matching, has announced the expansion of its offerings to include codi...

Better Than Normal Launches Integrated AI Marketing and Coaching System for Singapore’s Service Professionals

SINGAPORE - Media OutReach Newswire - 27 August 2025 - Better Than Normal Pte Ltd, a Singapore-based brand strategy and AI marketing consultancy, is transforming how service-based professionals es...

Atlas Consolidated Secures USD 18.1 Million Series B Funding led by Tin Men Capital to Accelerate Global Adoption of HugoHub

The Asia-based Banking-as-a-Service provider aims to significantly accelerate the growth of HugoHub, Atlas’s modular cloud-native digital banking platform SINGAPORE - Media OutReach Newswire - 27 ...

Together Diamonds Launches in Singapore as the First Keepsake Diamond Atelier for Life’s Milestones, Not Just Memorials

SINGAPORE - Media OutReach Newswire - 27 August 2025 - Together Diamonds, Singapore's first homegrown keepsake diamond atelier, has officially launched with a mission to transform life's mileston...

TCMA leads Thai cement industry to reaffirm climate action leadership towards Net Zero 2050 at 2025 TCMA Technical Conference and Exhibition

BANGKOK, THAILAND - Media OutReach Newswire - 27 August 2025 - Thai Cement Manufacturers Association (TCMA) successfully hosted its flagship event, the "2025 TCMA Technical Conference and Exhibi...

Tanoto Foundation Develops Impactful Future Leaders at Tanoto Scholars Gathering 2025

SINGAPORE - Media OutReach Newswire - 27 August 2025 - High unemployment among educated youth and a lack of leadership readiness are significant challenges on Indonesia's path to its "Golden Indon...

Workplace DMs, Reinvented: Deputy Messaging, Purpose-Built For Shift-Based Teams

Deputy, the global people platform for shift-based businesses, has launched Deputy Messaging, a fully integrated, real-time communication tool designe...

Revolutionizing Fulfillment: How Virtual Warehousing is Changing the Game?

The e-commerce landscape is evolving more rapidly than ever, and the way businesses are managing their fulfillment is also revolutionizing. At the...

SME lender Dynamoney welcomes new CEO, Brett Thomas

Strengthens growth ambitions and signals expanded offering Dynamoney, a leading commercial finance provider for Australian SMEs,  has today appoint...

The cost of ignoring AI governance in business

Artificial intelligence (AI) is no longer the promise of a distant future: it's active, embedded, and already shaping decisions across industries. H...

Quickli launches new SMSF product as free beta for limited time only

The leading technology provider for Australian mortgage brokers, Quickli, has answered the prayers of brokers yet again with the launch of a stand...

Portable Monitors for Coding and Programming Students

Today, coding and programming require more focus and efficiency. But, the most essential thing it demands is ample screen space. Students can stru...

Sell by LayBy