Media OutReach
Jollibee Group Reports Record Q4 Operating Income; Posts Strong Full-Year 2025 Results
Q4 operating income rises 41.9% year-on-year to Php4.1 billion; full-year system-wide sales up 16.6%
METRO MANILA, PHILIPPINES – Media OutReach Newswire – 21 April 2026 – Jollibee Foods Corporation (PSE: JFC), also known as the Jollibee Group (“JFC” or the “Group”), reported strong full-year 2025 performance, led by record fourth-quarter operating income of Php4.1 billion (up 41.9% year-on-year) and 16.6% full-year system-wide sales (SWS) growth, driven by continued strength across key Asian markets and its broader international platform.
In 2025, the Jollibee Group strengthened its position across Asia while expanding its international footprint, with the international business delivering 27.0% SWS growth for the year. Key Asian markets, including Vietnam—Jollibee’s largest international market by store count for the Jollibee brand—delivered strong performance alongside continued network expansion.
The Group also recorded strong momentum in its coffee and tea segment, with SWS increasing by 44.9% for the full year, supporting diversification of growth drivers and continued store network development.
In Hong Kong, Jollibee continued to strengthen its relevance among consumers, earning recognition as My Favourite Fast-Food Shop at the U Food Favourite Food Awards 2025—reflecting its growing appeal among mainstream local customers.
In Singapore, the Group further expanded its footprint through Jollibee, Coffee Bean & Tea Leaf, and Tim Ho Wan, with 29, 79, and 9 stores, respectively, as of end-2025. Jollibee Singapore was named the No. 1 Fast Food Chain for Customer Service by The Straits Times, while Tim Ho Wan refreshed its flagship Marina Bay Sands store with a more dim sum-centric menu and new offerings at accessible price points—both reinforcing stronger patronage from mainstream local customers alongside its core base.
This sustained performance across markets contributed to the Group’s overall results, with SWS increasing by 16.6% for the full year across its Philippine and international businesses.
The Jollibee Group closed 2025 with its highest fourth-quarter operating income on record, increasing by 41.9% year-on-year.
Ernesto Tanmantiong, Global Chief Executive Officer of JFC, shared the following statement on JFC’s performance: “I’m proud of how our teams performed in 2025. We finished the year with record fourth-quarter operating income—up 41.9% year-on-year—reflecting both strong sales momentum and better operating leverage.
For the full year, we delivered 16.6% system-wide sales growth across our Philippine and international businesses. Coffee and tea continued to build scale with 44.9% system-wide sales growth, and our international business grew system-wide sales by 27.0% as we continued to expand with discipline across our key markets.
In particular, the Jollibee brand sustained strong momentum in Vietnam, its largest international market by store count, supported by continued customer demand and ongoing network expansion.
We opened 1,126 stores during the year, the most in our company’s history, which strengthens our runway for sustained growth. Looking ahead to 2026, our priorities remain clear: profitable growth, operational excellence, and consistent value creation for our shareholders and other stakeholders.”
|
Financial Data |
Quarter 4 (Unaudited) |
% Change |
FY 2025 (Audited) |
% Change |
||
| 2025 | 2024 | 2025 | 2024 | |||
| System Wide Sales | 122,300 (~US$2,084) | 109,180 (~US$1,877) | 12.0 | 455,111 (~US$7,914) | 390,284 (~US$6,812) | 16.6 |
| Revenues | 80,890 (~US$1,378) | 73,695 (~US$1,267) | 9.8 | 305,112 (~US$5,306) | 269,942 (~US$4,712) | 13.0 |
| Operating Income | 4,143 (~US$71) | 2,919 (~US$50) | 41.9 | 20,150 (~US$350) | 16,889 (~US$295) | 19.3 |
| EBITDA | 9,920 (~US$169) | 8,355 (~US$144) | 18.7 | 41,830 (~US$727) | 36,746 (~US$641) | 13.8 |
| Net Income | 1,988 (~US$34) | 1,920 (~US$33) | 3.5 | 11,005 (~US$191) | 10,796 (~US$188) | 1.9 |
| Net Income Attributable to Equity | ||||||
| Holders of the Parent Company | 2,221 (~US$38) | 1,850 (~US$32) | 20.1 | 10,872 (~US$189) | 10,317 (~US$180) | 5.4 |
| Earnings Per Share – Basic | 1.902 (~US$0.032) | 1.574 (~US$0.027) | 20.8 | 9.386 (~US$0.163) | 8.851 (~US$0.154) | 6.0 |
| Earnings Per Share – Diluted | 1.897 (~US$0.032) | 1.570 (~US$0.027) | 20.8 | 9.362 (~US$0.163) | 8.826 (~US$0.154) | 6.1 |
Note: (1) Amounts in Million Pesos except for Per Share Data
(2) System wide sales (SWS) is a management account, not part of the Audited Financial Statements
(3) Reported growth rates are calculated based on Philippine Peso (PHP) amounts
Consolidated revenues increased by 9.8% for the quarter and 13.0% for the full year, reflecting sustained consumer demand and continued strength across the Group’s core markets.
Earnings before interest, taxes, depreciation and amortization (EBITDA) for the quarter increased by 18.7% to Php9.9 billion (approx. US$169.0 million), while full-year EBITDA rose by 13.8% to Php41.8 billion (approx. US$727.4 million), reflecting solid operational execution and sustained business momentum across key markets.
Operating income recorded a significant increase of 41.9% in the fourth quarter to Php4.1 billion (approx. US$70.6 million), representing the highest fourth-quarter operating income in the Company’s history, with operating income margin expanding by 110 basis points year-on-year. The growth was supported by revenue momentum and improved expense efficiencies, including better optimization of general and administrative and advertising and promotion expenditures during the period.
For the full year, operating income expanded by 19.3% to Php20.1 billion (approx. US$350.4 million), accompanied by a 30-basis-point year-on-year improvement in operating income margin, reflecting sustained cost discipline and operating leverage across the business.
Net income attributable to equity holders of the Parent Company grew by 20.1% to Php2.2 billion (approx. US$37.8 million) in the fourth quarter and by 5.4% to Php10.9 billion (approx. US$189.0 million) for the year. The difference in growth rates relative to operating income primarily reflects higher financing costs and tax provisions during the period.
Basic earnings per share (EPS) increased by 20.8% to Php1.902 (approx. US$0.032) for the quarter and by 6.0% to Php9.386 (approx. US$0.163) for the full year.
Full Year 2026 Guidance
Based on its target for 2026, JFC projects full year system-wide sales growth to be in the range of 8%–12%, with same store sales growth of 4%–6% and store network increase of 5%–10%. Operating income growth will be in the range of 15%–18%.
JFC plans to expand network by 1,200 to 1,300 stores (gross) in 2026 and expects capital expenditures (CAPEX) range to be further reduced to Php13.0 to 16.0 billion.
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 JFC 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 JFC’s expectations. All subsequent written and oral forward-looking statements attributable to JFC or person acting on behalf of JFC 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
Jollibee Foods Corporation (PSE: JFC) (also known as “JFC”) is one of the world’s fastest-growing restaurant companies, driven by its purpose of spreading joy through superior taste. It manages and operates a portfolio which includes 19 brands with over 10,000 stores and cafés across 33 countries.
JFC’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.
JFC’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).
JFC 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 five-time Gallup Exceptional Workplace Award recipient and featured in TIME’s World’s Best Companies and Fortune’s Southeast Asia 500 List.
Media OutReach
AECOM and Urban Land Institute launch inaugural Asia Pacific Infrastructure Innovation Index, highlighting region’s evolving infrastructure innovation priorities
Developed in collaboration between AECOM and ULI, the report brings together perspectives from stakeholders across infrastructure, government, utilities, investment, planning and development sectors. It draws on a survey of more than 100 senior infrastructure professionals in Asia Pacific, alongside in-depth interviews with industry leaders. As the first edition of the Index, it establishes a baseline for understanding how infrastructure innovation is currently being prioritized and delivered across the region.
“This report highlights how organizations are moving beyond ideas and applying innovation in practical ways to improve delivery, resilience and system performance,” said Ian Chung, chief executive of AECOM’s Asia region. “Infrastructure leaders across Asia Pacific are responding to growing complexity by strengthening digital capabilities, improving coordination across interconnected systems and focusing on long-term operational performance.”
“Our collaboration with AECOM reflects a growing recognition that infrastructure and real estate are increasingly interdependent,” said Alan Beebe, CEO Asia Pacific, ULI. “As cities in Asia Pacific evolve, infrastructure is no longer just a technical consideration, but plays a critical role in shaping how places function, grow and perform. Understanding how innovation is being applied in this context is essential for those involved in the built environment.”
Among the top ten takeaways highlighted in the report, three key themes emerged consistently across both the survey findings and interview insights: the role of AI in infrastructure systems, the integration and growing demands on energy systems, and the need to design and operate infrastructure for climate resilience. Together, these themes highlight a broader shift toward enhancing how infrastructure systems are developed and perform under increasingly complex, real-world conditions.
Read the report here: Asia Pacific Infrastructure Innovation Index | AECOM Insights
Hashtag: #AECOM #AsiaPacificInfrastructureInnovationIndex
The issuer is solely responsible for the content of this announcement.
About AECOM
AECOM is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients’ complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle — from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2025. Learn more at aecom.com.
About the Urban Land Institute
The Urban Land Institute (ULI) is a non-profit education and research institute supported by its members. Its mission is to shape the future of the built environment for transformative impact in communities worldwide. Established in 1936, the Institute has more than 48,000 members worldwide and over 3,000 members in the Asia Pacific region representing all aspects of land use and development disciplines. For more information on ULI Asia Pacific, please visit 
asia.uli.org, or follow us on 
LinkedIn, 
Facebook, 
Instagram, 
X, and 
YouTube.
Media OutReach
From Masar Makkah to New destinations: Umm Al Qura for Development & Construction Launches New Five-Year Strategy and announces Its Second Destination in Makkah
The strategy also strengthens the company’s ability to manage a diversified portfolio of urban and investment destinations with long-term economic and urban impact across Makkah, Jeddah, and Madinah.
The unveiling of the new strategy comes in the wake of the company successfully achieving the objectives of its 2021-26 strategy, which served as a roadmap for its institutional transformation over the past five years. This journey led to the completion of Masar Destination’s main infrastructure and its transition into the operational phase, alongside the development of a mature investment and financial platform and the enhancement of its institutional and operational capabilities.
These achievements were further reinforced by its listing on the Saudi Exchange (Tadawul), strengthening investor confidence and positioning the company for a new phase of large-scale expansion built on its core strengths and focused on creating sustainable, long-term value for communities, people, and investors.
During the period from 2021 to 2026, the company successfully established an integrated and scalable business model driven by its accumulated expertise and strong financial performance. This included a compound annual growth rate exceeding 60% in revenues and more than 45% in net profit, alongside operating cash flows surpassing SAR 2 billion in the most recent fiscal year. The company also attracted approximately SAR 40 billion in development investments for the destination, forged more than 30 strategic partnerships, and developed a comprehensive governance framework. In parallel, it built advanced operational and development capabilities that support sustainable growth and enhance the company’s readiness for its next phase.
The new strategy is anchored in a planned and selective expansion approach that does not seek to increase the number of projects as much as it focuses on delivering sustainable value for place, community, and investors. This will be achieved through the development of high-quality urban destinations in Makkah, Madinah, and Jeddah, within a carefully targeted geographic focus that enhances operational integration and maximizes the efficient deployment of resources and expertise.
In this phase, the company is adopting a clearly defined approach to capital allocation, balancing growth with the maximization of returns while maintaining the flexibility of its financial position. It aims to manage an additional development portfolio exceeding SAR 50 billion, alongside deploying incremental capital investments ranging between SAR 3-5 billion over the course of the strategy, further reinforcing its ability to deliver sustainable long-term growth.
In parallel, the company will adopt a flexible operating model that enables it to lead projects as a master developer or to participate as a partner and development manager, in line with defined investment criteria that ensure carefully considered decision-making aligned with its strategic direction.
The company also confirms that Masar Destination will remain a central cornerstone within its future portfolio, with ongoing development of its extensions and expansions in accordance with approved plans. As its flagship project, Masar continues to serve as the primary foundation for the company’s activities and the model through which it will launch new urban destinations that contribute to enhanced quality of life and support economic growth across its target cities.
Commenting on this, Yasser Abdulaziz Abuateek, CEO of Umm Al Qura for Development & Construction, stated: “The launch of our new strategy represents a pivotal turning point in the company’s journey, as we move from a phase of capability building to one of considered expansion. The achievements of the past years have provided us with the confidence, expertise, and readiness to advance toward managing a fully integrated portfolio of urban destinations. Through this, we aim to create sustainable value for place, community, and investors within a robust governance framework that supports continued growth and contributes to generating long-term impact across the western region.”
This strategy reaffirms Umm Al Qura for Development and Construction’s commitment to supporting the objectives of Saudi Vision 2030 by developing high-quality urban destinations that enhance quality of life, stimulate investment, and strengthen economic integration within a growth model driven by value creation and sustainability.
For more information, visit: www.ummalqura.com.sa/en/new-strategy-2030
Hashtag: #Development #SaudiArabia
https://www.ummalqura.com.sa/en
The issuer is solely responsible for the content of this announcement.
Umm Al Qura for development & Construction
Umm Al Qura for development & Construction is the owner and developer of MASAR destination that works with a developmental vision to elevate the urban and investment landscape of Makkah through pioneering the development of Masar destination and exploring new avenues to help improve the quality of life for Makkah residents, pilgrims and visitors.
Media OutReach
Galaxy Macau and Trip.com Group Strike Three-Year Deal to Supercharge Global Live Events Pipeline
Strategic alliance to drive headline concerts, sports events and premium travel experiences for international audiences, accelerating Macau’s push to become a global “City of Performing Arts.”
MACAU SAR – Media OutReach Newswire – 3 June 2026 – Galaxy Macau, the world-class luxury integrated resort, has entered into a landmark three-year strategic partnership with Trip.com Group, the global leading one-stop travel services platform, spanning 2026 to 2029. Anchored in the fast-growing convergence of live entertainment, sports and premium travel, the alliance signals an ambitious push to reshape Asia’s high-value tourism and events landscape.
At the core of the collaboration lies a shared commitment to scale world-class live experiences, leveraging Trip.com Group’s expansive global membership ecosystem alongside Galaxy Macau’s proven expertise in venue operations and large-scale event execution. This includes the flagship Galaxy Arena, a premier destination for international concerts, sporting spectacles and marquee entertainment programming.
Through this partnership, both parties will deepen integration across event curation, execution and distribution, while unlocking new layers of value through cross-platform membership privileges. The result is designed to deliver a more seamless, diversified and elevated experience for audiences — from ticket access and travel planning to on-ground entertainment delivery.
The agreement marks a pivotal step forward in advancing the integration of culture and tourism, a priority theme shaping the next phase of regional tourismdevelopment. By combining digital reach with physical destination excellence, Galaxy Macau and Trip.com Group are positioned to explore a broader spectrum of co-branded initiatives, immersive event formats and destination-led campaigns that extend beyond conventional travel offerings.
As the collaboration evolves, Galaxy Macau and Trip.com Group will jointly shape emerging trends at the intersection of luxury tourism and cultural entertainment, injecting fresh momentum into Macau’s ambition to strengthen its standing as a world centre of tourism and leisure.
For more information about Galaxy Macau, please visit www.galaxymacau.com.
Hashtag: #GalaxyMacau
The issuer is solely responsible for the content of this announcement.
ABOUT GALAXY MACAU INTEGRATED RESORT
Galaxy Macau, world-class luxury integrated resort, delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Nine award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau, Andaz Macau, and Capella at Galaxy Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575 metres, the largest Skytop Wave Pool with waves up to 1.5-metre high and 150-metre pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz- Carlton Spa, Macau help guests relax and rejuvenate.
As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000-square-meter, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theatres are equipped with the latest audio-visual technology; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff.
Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world- class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.
For more details, please visit 
www.galaxymacau.com,www.broadwaymacau.com.mo and www.galaxyicc.com.
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