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JMKE

Jersey Mike's Subs

JMKE

Market cap $6.17B

19.43 USD

+0.42

2.21%

At close Updated Nov 9, 4:00 PM EST

Pre-market

After hours

19.65

+0.22

1.13%

1 day

2.21%

5 days

3.13%

1 month

9.77%

3 months

-12.44%

6 months

-10.17%

Year to date

-10.17%

1 year

-10.17%

5 years

-10.17%

10 years

-10.17%

About: Jersey Mike's Subs Inc is a fast-casual restaurant franchisor operating more than 3,300 locations across the United States and Canada. It offers sandwiches and related food products, with its menu featuring freshly sliced meats and cheeses and a range of recipes.

Consumer Discretionary Restaurants

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 34.3%

Neutral 57.1%

Negative 8.6%

Jersey Mike's Enters Europe With First UK Restaurant

Jersey Mike's Subs Inc. (NYSE:JMKE) stock is trading up almost 2.3% at last check on Monday after the sandwich shop franchisor announced the opening of its first location in the U.K.

Jersey Mike's Enters Europe With First UK Restaurant

Jersey Mike's Expands Global Footprint with First UK Restaurant Opening in London

TINTON FALLS, N.J.--(BUSINESS WIRE)--Jersey Mike's Subs Inc. (“Jersey Mike's” or the “Company”) (NYSE: JMKE) today announced the opening of its first restaurant in the United Kingdom, bringing its authentic, hand-crafted subs to Europe for the first time. Located at 1-4 Argyll Street, W1F 7TA, just steps from Oxford Street and Oxford Circus, the restaurant is the first to open under the master franchise agreement with Jersey Mike's Founder Peter Cancro, to develop 300 restaurants across the UK.

Jersey Mike's Expands Global Footprint with First UK Restaurant Opening in London

Baron Discovery Fund Q3 2026 Portfolio Activity

During the quarter, we initiated a position in Jersey Mike's Subs Inc., a franchisor of fast casual, submarine-style sandwich restaurants. We participated in the IPO of Lyntris Inc., a fast-growing proprietary defense solutions provider with a 90% sole-sourced portfolio exposed to many of the nation's key defense offerings. We sold our position in Wingstop Inc. during the quarter to allocate the proceeds into other restaurant companies where we felt there was better upside potential.

Baron Discovery Fund Q3 2026 Portfolio Activity

Jersey Mike's Subs: Selling To More Customers While Fast Food Traffic Declines

Jersey Mike's (JMKE) is initiated at Buy, with 3% Q3 comp-store sales growth despite sector headwinds and shares trading below IPO price. JMKE's franchise model drives strong cash conversion, with 2027 cash flow trading at 25x and potential 12.9% annualized returns through 2030. Risks include negative comp-store sales, exposure to price-sensitive customers, and potential share overhang from major holders like Blackstone.

Jersey Mike's Subs: Selling To More Customers While Fast Food Traffic Declines

Jersey Mike's: Not Every Bite Is Perfect

Jersey Mike's remains a Buy, with valuation now reasonable at ~18x EBITDA and strong Q2 results supporting the thesis. JMKE delivered 3% same-store sales growth driven by traffic, 8.8% net unit growth, and reiterated ~20% adjusted EBITDA growth guidance for FY 2026. Capital allocation is shareholder-friendly, with a special dividend, a $100M buyback, and ongoing robust free cash flow supporting a ~4% shareholder yield.

Jersey Mike's: Not Every Bite Is Perfect

The Motley Fool

Jersey Mike's Subs: 3 Key Takeaways for Long-Term Investors

Digital sales mix reached 43% of total revenue in the third quarter. Same-store sales increased 3% year over year in the third quarter.

Jersey Mike's Subs: 3 Key Takeaways for Long-Term Investors

Jersey Mike's Subs Inc. (JMKE) Q3 2026 Earnings Call Transcript

Jersey Mike's Subs Inc. (JMKE) Q3 2026 Earnings Call Transcript

Jersey Mike's Subs Inc. (JMKE) Q3 2026 Earnings Call Transcript

Jersey Mike's Q3 Earnings Call Highlights

Jersey Mike's NYSE: JMKE reported third-quarter system-wide sales of $1.2 billion, up 11% from a year earlier, as 9% net unit growth and a 3% increase in same-store sales supported results. Same-store sales accelerated from 2.3% in the second quarter and were driven primarily by transaction growth, according to Chief Executive Officer Charlie Morrison.

Jersey Mike's Q3 Earnings Call Highlights

Zacks Investment Research

Here's What Key Metrics Tell Us About Jersey Mike's (JMKE) Q3 Earnings

The headline numbers for Jersey Mike's (JMKE) give insight into how the company performed in the quarter ended September 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About Jersey Mike's (JMKE) Q3 Earnings

Jersey Mike's Earnings Beat Doesn't End the Stock's Post-IPO Slump

Jersey Mike's Subs reported better-than-expected third-quarter earnings and announced plans to return up to $200 million to shareholders on Wednesday. That wasn't enough to revive shares of the sandwich chain, which have struggled since their trading debut in July.

Jersey Mike's Earnings Beat Doesn't End the Stock's Post-IPO Slump

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