Jollibee Foods Corporation, one of Asia’s largest and fastest-growing food service companies, reported solid third-quarter results for the period ended September 30, 2025, with growth across key financial and operational metrics fueled by a diversified global portfolio and disciplined execution.
Jollibee Group CEO Ernesto Tanmantiong said the company’s consistent momentum reflects both resilient demand and the strength of the brand portfolio.
“The Jollibee Group delivered solid financial results for the third quarter, maintaining growth across key markets. System-wide sales climbed to Php115.1 billion, a 16.8 percent year-on-year increase. Our international business expanded by 32.4 percent, while the Philippine business posted steady 5.5 percent growth,” Tanmantiong said.
He noted that the multi-brand, multi-market strategy continues to anchor sustainable global expansion. Among the highlights, Jollibee’s Chickenjoy was again recognized in the U.S. as the Best Fried Chicken Bucket by Eat This, Not That and was voted America’s best fried chicken for the second consecutive year by USA Today. The group also won 18 honors at the 2025 Marketing Excellence Awards in the Philippines.
Beyond brand achievements, the Jollibee Group secured major global recognitions. It was named one of TIME Magazine’s World’s Best Companies for the third straight year, and entered the inaugural Fortune Southeast Asia 500. The company also received two Golden Arrows at the 2025 Golden Arrow Awards with a record score of 90.03—its highest to date. Its MSCI ESG Rating was likewise upgraded to BBB, placing it among the global leaders in sustainability in the restaurant industry.
“These recognitions affirm the enduring strength of our brands and the passion of our people. They inspire us to keep delivering long-term value while expanding responsibly across markets,” Tanmantiong added.
Strong operational performance across markets
The company posted positive same-store sales growth (SSSG) in most markets, with overall SSSG at 3.1 percent in Q3. Average check grew 2.5 percent and average transaction count rose 0.6 percent. The Philippine business posted 1.2 percent growth despite weather-related disruptions.
International markets remained a key engine of expansion, with SSSG hitting 6.2 percent, supported by a 10.4 percent increase in transaction count.
• China delivered an 8 percent SSSG, driven by delivery expansion and stronger dine-in recovery.
• North America – Asian Brands posted 9.8 percent SSSG.
• EMEAA surged 10.7 percent, with Jollibee Vietnam soaring 25.5 percent.
• Smashburger continued its operational turnaround, narrowing its SSSG decline to -4.7 percent following successful campaigns like the Summer of Smash.
The Coffee & Tea businesses kept their momentum as well, with The Coffee Bean & Tea Leaf posting 4.1 percent growth and Highlands Coffee rising 10.4 percent.
Revenues for Q3 increased 12.8 percent year-on-year, while year-to-date revenues grew 14.3 percent. EBITDA rose 14.2 percent to Php11.0 billion, and operating income expanded 7.3 percent to Php5.2 billion, supported by cost efficiencies and stronger international performance.
Net income attributable to equity holders of the Parent Company grew 8 percent, reversing the softer performance earlier in the year, aided by favorable foreign exchange movements. Earnings per share increased 8.9 percent to Php2.627.
Aggressive global expansion
From January to September 2025, the Jollibee Group opened 754 new stores, with 77 percent franchised—reinforcing its asset-light growth model. The global store network grew 7.4 percent to 10,304 stores, spanning the Philippines and multiple regions including China, North America, EMEAA, Vietnam, and broader Asia through flagship brands such as Jollibee, Highlands Coffee, CBTL, Milksha, Compose Coffee, and Tim Ho Wan.
Jollibee Group CFO and International Business CEO Richard Shin said the company remains on track for strong full-year results.
“We continued to deliver healthy profit growth in the third quarter. Operating income increased by 7.3 percent, supported by efficient cost management and strong international performance. Margins remain healthy and aligned with long-term value creation,” Shin said.
He added that the Coffee & Tea segment is emerging as a major growth driver, with Compose Coffee poised to exceed 3,000 stores. Smashburger’s turnaround also continues to progress, supported by better operations and targeted marketing campaigns.
“We are confident of delivering double-digit top- and bottom-line growth for 2025 and sustaining this momentum into 2026,” Shin added.
Dividend declaration
The Board of Directors approved a regular cash dividend of Php2.11 per share, payable on December 16, 2025, to shareholders of record as of November 28, 2025. This represents a 15.9 percent increase from last year’s dividend.
Total regular dividends for 2025 now amount to Php3.44 per share, up 15.8 percent from 2024.
Sustainability and brand leadership recognitions
• Jollibee was cited in the 2025 Brand Finance Sustainability Perceptions Index for its responsible business initiatives and earned two gold awards at the Inquirer ESG Edge Impact Awards for energy efficiency and sustainable supply chain programs.
• The Jollibee brand was officially declared the first registered Well-Known Mark in the Philippines by the Intellectual Property Office, further strengthening the brand’s legal protection and cementing its cultural significance.