Jersey Mike's Files for IPO Under Ticker JMKE, Reports 50% Same-Store Sales Growth Since 2020

According to the company's SEC filing, on Thursday (July 2), Jersey Mike's filed for an initial public offering under the ticker JMKE, reporting that same-store sales cumulatively climbed 50% from 2020 through 2025. The sandwich chain reported net income of $55 million on total revenue of $724 million last year, up from net income of $5 million on revenue of $653 million in 2024. Jersey Mike's now operates nearly 3,300 locations, making it the second-largest hoagie sandwich chain in the U.S. behind Subway.
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