Jollibee Group net income climbs 5.6% in Q2
Sales during the quarter reached $2.035b.
Jollibee Group reported a net income attributable to equity holders of the parent company of $57.1m, an increase of 5.6% compared to a decline seen in the first quarter.
The group also reported a record-high system-wide sales (SWS) of $2.035b, a 19.6% YoY growth.
“Our record-high system-wide sales demonstrate both the scale and momentum of our business. SWS of the international business grew 32.6%, fueled by a 68.8% surge in its coffee and tea segment. Jollibee International also continued its momentum, with SWS increasing by 15.4% versus the same quarter last year,” Ernesto Tanmantiong, CEO of Jollibee Group, said.
Same-store sales growth (SSSG) of the international business grew by 4.1% led by strong results from North America (NA) Asian Brands posting +7.8%, Europe, Middle East, Asia (EMEA) +7.7%, The Coffee Bean and Tea Leaf (CBTL) +4.9%, Milksha +4.7%, Highlands Coffee +4.4% and China +3.9%. SSSG of the Philippine business increased by 6.4% driven by Mang Inasal (+12.0%), Red Ribbon (+8.4%), Yoshinoya (+7.9%), Panda Express (+7.8%) and Jollibee (+7.0%).
Operating income rose by 19.1% to P6b ($107.3m) with margin improving by 30 bps to 7.8% in Q2 2025.
At the end of June 2025, the Jollibee Group's store network increased by 45.5% to 10,119 compared to a year ago: Philippines (3,424) and International (6,695) - 547 in China, 357 in North America, 400 in EMEA, 896 with Highlands Coffee mainly in Vietnam, 1,261 with CBTL, 346 with Milksha, 2,809 with Compose Coffee, and 79 with Tim Ho Wan.
