Strong international sales momentum, disciplined pricing, and margin recovery helped drive the Jollibee Group’s record-high quarterly earnings.

Key Highlights:

• Record enterprise performance: Jollibee Group delivered record quarterly NIAT of Php3.4 billion, up 5.7% year-on-year, with consolidated revenues rising 10.7% and system-wide sales increasing 14.2%, supported by improving margins and continued business momentum.
• International business drives growth: International system-wide sales grew 25.4%, reflecting broad-based momentum across the Group's Asian and global restaurant portfolio, including Highlands Coffee, Compose Coffee, Tim Ho Wan, Jollibee North America, and Milksha.
• Asia remains a key growth platform: Strong same-store sales growth in Vietnam, Highlands Coffee, and Compose Coffee highlights the continued strength of the Group's core Asian growth markets.
• Vietnam emerges as a major growth engine: Jollibee Vietnam delivered 47.6% system-wide sales growth in Q2 and opened 19 new stores in the first half, supported by strong unit economics and continued network expansion.
• Global footprint continues to expand: The Jollibee Group increased its store network by 6.4% year-on-year to 10,767 stores across 33 countries, with franchised stores comprising approximately 70% of the network.

METRO MANILA, PHILIPPINES – Media OutRech Newswire – 8 September 2026 – Jollibee Foods Corporation (PSE: JFC) and its subsidiaries (the "Jollibee Group"), today reported record second-quarter earnings for 2026, reflecting a clear margin recovery from first-quarter cost pressures, resilient consumer demand, and continued momentum across its international restaurant portfolio. The Jollibee Group's International segment grew 25.4% in system-wide sales in Q2, led by strong performances from Highlands Coffee (+46.7%), Jolli-K's Compose Coffee (+39.7%), Europe, Middle East, Asia, and Australia (EMEAA) brands Jollibee and Chowking (+25.3%), Tim Ho Wan (+23.0%), Jollibee NA (+21.6%), and Milksha (+12.4%). Growth across key Asian markets was particularly notable. Jollibee Vietnam delivered 17.9% same-store sales growth, while Highlands Coffee grew 11.5% and Compose Coffee grew 12.4%, contributing to the broader momentum of the Group's International segment. The Group's Philippine business also continued to provide a strong foundation for overall performance, with system-wide sales increasing 5.7%, supported by strong contributions from Mang Inasal (+10.7%) and Jollibee (+6.6%). The Jollibee Group recorded Php3.4 billion (approx. US$55 million) in net income attributable to equity holders of the parent company (NIAT), up 5.7% year-on-year and the highest quarterly NIAT on record. Consolidated revenues increased 10.7% year-on-year, while system-wide sales grew 14.2%. "Our second-quarter results demonstrate the continued strength of the Jollibee Group's global brand portfolio and the resilience of consumer demand across our key markets," said Ernesto Tanmantiong, Global Chief Executive Officer of JFC. "We delivered healthy system-wide sales growth across all regions, supported by strong contributions from both our Philippine and international businesses, continued same-store sales growth, and ongoing expansion of our global store network. "The breadth of our growth reflects the relevance of our brands, the strength of our value offerings, and the trust that customers continue to place in us. As we expand our presence in key markets and build a stronger global platform, we remain focused on serving more customers, strengthening our brands, and creating sustainable long-term value for our stakeholders." Second Quarter Performance: Sequential Recovery and Sustained Growth The Jollibee Group's second-quarter performance is best understood by first looking at the sequential recovery from Q1 cost pressures, followed by the year-on-year growth that demonstrates the continued strength of the business. The discussion below first presents the quarter-on-quarter improvement in revenues, margins, and earnings, then places that recovery in the context of the Jollibee Group's sustained year-on-year growth across its global portfolio. Sequential Recovery: Quarter-on-Quarter Profitability Improvement Quarter-on-quarter comparisons demonstrate the strength of the Jollibee Group's recovery from the first quarter. Consolidated revenues increased by 12.2% versus Q1 2026, supporting a 25.3% increase in gross profit, a 56.1% increase in operating income, and a 130.5% increase in NIAT. The margin recovery was also visible within the quarter. Gross profit margin improved to 18.5% in Q2 from 16.5% in Q1 and strengthened from 17.3% in April to 19.0% in June, indicating that the Group's pricing and recovery actions are gaining traction even as the operating environment remains affected by elevated commodity, logistics, and other supply chain-related costs. Operating leverage improved as the quarter progressed....