StreetInsider.com News Articles

Jersey Mike's Marks National Disability Employment Awareness Month by Deepening Best Buddies Partnership

Thu, 01 Oct 2026 08:30:00 -0400

Throughout October, customers can round up their order and donate to support Best Buddies

TINTON FALLS, N.J., Oct. 1, 2026 /PRNewswire/ -- Jersey Mike's Subs, Inc. ("Jersey Mike's" or the "Company") (NYSE: JMKE) is honoring National Disability Employment Awareness Month this October, by marking the fourth year of its partnership with Best

Jersey Mike's Marks National Disability Employment Awareness Month by Deepening Best Buddies Partnership

Thu, 01 Oct 2026 08:30:00 -0400

Throughout October, customers can round up their order and donate to support Best Buddies

Jersey Mike's Subs (JMKE) PT Lowered to $24 at JPMorgan

Tue, 29 Sep 2026 08:42:17 -0400

JPMorgan analyst John Ivankoe lowered the price target on Jersey Mike's Subs (NYSE: JMKE) to $24.00 (from $26.00) while maintaining a Overweight rating.

Form 4 Jersey Mike's Subs Inc. For: Sep 17 Filed by: Bromberg Matthew S

Fri, 18 Sep 2026 16:30:00 -0400

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Form 4 Jersey Mike's Subs Inc. For: Sep 15 Filed by: Boardwalk ML Holdco I L.P.

Thu, 17 Sep 2026 16:59:00 -0400

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Form 3 Jersey Mike's Subs Inc. For: Sep 15 Filed by: Boardwalk ML Holdco IV L.P.

Thu, 17 Sep 2026 16:50:00 -0400

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Jersey Mike's Subs (JMKE) PT Raised to $30 at Tigress Financial Partners

Fri, 11 Sep 2026 09:21:34 -0400

Tigress Financial Partners analyst Ivan Feinseth raised the price target on Jersey Mike's Subs (NYSE: JMKE) to $30.00 (from $29.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating and increase our 12-month target price from $29 to $30 as JMKE’s capital-light franchise flywheel supports accelerating earnings, rising returns, and a multiyear global expansion runway. JMKE’s Q2 strengthens our bullish outlook as transaction-led growth, rapid franchise expansion, and digital innovation reinforce our positive outlook. JMKE’s asset-light franchise flywheel drives accelerating profitability, and limited capital requirements support continued Economic Profit improvement. JMKE’s franchise development provides a visible runway

Jersey Mike's Subs (JMKE) PT Raised to $30 at Tigress Financial Partners

Fri, 11 Sep 2026 09:21:34 -0400

Tigress Financial Partners analyst Ivan Feinseth raised the price target on Jersey Mike's Subs (NYSE: JMKE) to $30.00 (from $29.00) while maintaining a Buy rating.

Jersey Mike's Subs (JMKE) PT Raised to $29 at Guggenheim

Fri, 11 Sep 2026 07:16:58 -0400

(Updated - September 11, 2026 7:16 AM EDT)

Guggenheim analyst Gregory Francfort raised the price target on Jersey Mike's Subs (NYSE: JMKE) to $29.00 (from $28.00) while maintaining a Buy rating.

The analyst commented: "Jersey Mike’s reported full 2Q26 earnings yesterday after pre-announcing sales and an EBITDA range amid its July IPO. The “news” was therefore less about the quarterly earnings than go-forward guidance and same store sales commentary about early 3Q. JMKE expects 3Q SSS of +3-4%, above our modeled +2.3%. We take up our 2027 EBITDA by +$8mn to $460mn on the stronger top-line expectations. Our 2026 EBITDA also increases

Jersey Mike's Subs (JMKE) PT Raised to $29 at Guggenheim

Fri, 11 Sep 2026 07:16:58 -0400

(Updated - September 11, 2026 7:16 AM EDT)

Guggenheim analyst Gregory Francfort raised the price target on Jersey Mike's Subs (NYSE: JMKE) to $29.00 (from $28.00) while maintaining a Buy rating.

Jersey Mike's Subs (JMKE) PT Raised to $29 at RBC Capital

Thu, 10 Sep 2026 09:18:13 -0400

(Updated - September 10, 2026 9:18 AM EDT)

RBC Capital analyst Logan Reich raised the price target on Jersey Mike's Subs (NYSE: JMKE) to $29.00 (from $28.00) while maintaining a Outperform rating.

The analyst commented: "Traffic is accelerating and digital strategy showing green shoots; JMKE’s first earnings as a public company was solid. With the company previously providing Q2 KPIs in their S-1, the intrigue coming in was on QTD and the FY26 outlook, which came in above expectations. Key positives on the print were: 1) The Q3 SSS growth guide and implied 4Q are 3-4% vs. Street at 2.5% and 3.0%,

Jersey Mike's Subs (JMKE) PT Raised to $29 at RBC Capital

Thu, 10 Sep 2026 09:18:13 -0400

(Updated - September 10, 2026 9:18 AM EDT)

RBC Capital analyst Logan Reich raised the price target on Jersey Mike's Subs (NYSE: JMKE) to $29.00 (from $28.00) while maintaining a Outperform rating.

Jersey Mike's Subs (JMKE) PT Raised to $27; Bernstein SocGen: 'A SUBstantial growth story'

Thu, 10 Sep 2026 09:11:29 -0400

Bernstein SocGen Group analyst Danilo Gargiulo raised the price target on Jersey Mike's Subs (NYSE: JMKE) to $27.00 (from $26.00) while maintaining a Market Perform rating.

The analyst commented: "A SUBstantial growth story; Jersey Mike’s increased its near-term guidance to 3-4% in 3Q and 2.5-3% for FY2026, suggesting acceleration of transaction-led momentum that strengthened the case for durable market share gains. We are encouraged by the sales trends continuing into 3Q even with lower pricing as we view it as more sustainable in a pressured K-shaped economy: while many restaurant brands are leaning on higher checks, Jersey Mike’s is bringing more

Jersey Mike's Subs (JMKE) PT Raised to $27; Bernstein SocGen: 'A SUBstantial growth story'

Thu, 10 Sep 2026 09:11:29 -0400

Bernstein SocGen Group analyst Danilo Gargiulo raised the price target on Jersey Mike's Subs (NYSE: JMKE) to $27.00 (from $26.00) while maintaining a Market Perform rating.

Jersey Mike's Subs (JMKE) PT Raised to $29 at BofA Securities

Thu, 10 Sep 2026 05:50:24 -0400

BofA Securities analyst Sara Senatore raised the price target on Jersey Mike's Subs (NYSE: JMKE) to $29.00 (from $27.00) while maintaining a Buy rating.

The analyst comments "While Jersey Mike’s Subs (JMKE) reported 2Q SSSG of 2.3% was inline with consensus, we are encouraged by signs that the momentum behind the q/q improvement (vs +1.7% in 1Q) continues to build. 3QTD SSSG run rate above 3% suggests that the SSSG guide for 3Q (3-4% vs pre-release consensus of 2.3%) and F26 (2.5% to 3.0% vs pre-release consensus of 2.3%) is likely to prove conservative. Encouragingly, with ~1 ppt of pricing in

Jersey Mike's Subs (JMKE) PT Raised to $29 at BofA Securities

Thu, 10 Sep 2026 05:50:24 -0400

BofA Securities analyst Sara Senatore raised the price target on Jersey Mike's Subs (NYSE: JMKE) to $29.00 (from $27.00) while maintaining a Buy rating.

Stifel Reiterates Buy Rating on Jersey Mike's Subs (JMKE)

Thu, 10 Sep 2026 05:05:27 -0400

Stifel analyst Matthew Smith reiterated a Buy rating and $27.00 price target on Jersey Mike's Subs (NYSE: JMKE).

The analyst comments "Jersey Mike’s reported its second-quarter earnings, its first as a public company, with sales and EBITDA near the midpoints of its preliminary expectations. Same-store sales growth was 2.3% in the quarter, net new units were up over 8%, with overall system-wide sales up 10% and EBITDA up 7% to $114 million. The company provided 2026 guidance including 2.5% to 3.0% same-store sales growth, at least 8% net unit growth, and at least 20% EBITDA growth. We now estimate 2.6% same-store

Jersey Mike's Subs (JMKE) PT Lowered to $29 at Mizuho

Thu, 10 Sep 2026 04:52:25 -0400

Mizuho analyst Nick Setyan lowered the price target on Jersey Mike's Subs (NYSE: JMKE) to $29.00 (from $31.00) while maintaining a Outperform rating.

The analyst comments "Above-expectations Q3 and 2026 SSS growth and EBITDA guidance underlines visibility into top- and bottom-line drivers through 2027. Beyond the near-term, we expect traffic-led SSS growth outperformance, supported by a growing value proposition, expanding share of voice, and a growing mix of Hispanic/Latino, Gen Z, catering, and late-night sales. ~42% (and growing) cash-on-cash returns render the 8-9% annual unit growth target conservative. Finally, JMKE's 99%+ franchised model renders visibility into a mid-teens annual EBITDA growth

Jersey Mike's Subs (JMKE) PT Lowered to $29 at Mizuho

Thu, 10 Sep 2026 04:52:25 -0400

Mizuho analyst Nick Setyan lowered the price target on Jersey Mike's Subs (NYSE: JMKE) to $29.00 (from $31.00) while maintaining a Outperform rating.

Raymond James Reiterates Outperform Rating on Jersey Mike's Subs (JMKE)

Wed, 09 Sep 2026 08:05:23 -0400

Raymond James analyst Brian Vaccaro reiterated an Outperform rating and $29.00 price target on Jersey Mike's Subs (NYSE: JMKE)

The analyst comments "This morning, Jersey Mike’s reported 2Q results that were in line with preliminary ranges provided ahead of the company’s recently completed IPO. 2Q comps increased 2.3% reflecting accelerating comps through the period, while 2Q Adj. EBITDA of $114M was in-line with our model (+6.5% y/y). Initial guidance for 3Q and 2026 was ahead of our expectations on both comps and Adj. EBITDA growth (see below). JMKE shares appear relatively unchanged in pre-market trading on this news. Key highlights include:

William Blair on Jersey Mike's Subs (JMKE): 'we expect low-teens profit growth'

Wed, 09 Sep 2026 08:00:22 -0400

William Blair analyst Sharon Zackfia reiterated an Outperform rating on Jersey Mike's Subs (NYSE: JMKE).

The analyst comments "Stock Thoughts and Risks. Given its relatively unique status as a franchisor with strong expansion prospects, we view Jersey Mike’s premium valuation to other franchisors as warranted at an enterprise value of 20 times our 2027 EBITDA estimate, in keeping with the average of other high-growth restaurant brands. We reiterate our Outperform rating as we expect low-teens profit growth with potential upside to yield healthy stock appreciation. Key risks include an intense competitive environment, a nascent and unproven marketing strategy, and a limited

Jersey Mike's posts 10% revenue gain but net income falls in Q2

Wed, 09 Sep 2026 06:48:52 -0400

Jersey Mike's Subs Inc. (NYSE: JMKE) reported fiscal second-quarter revenue of $208 million, a 10% increase from the prior year, as systemwide sales rose 10% to $1.21 billion for the quarter ended June 28, 2026, according to a company press release.

Net income fell to $37 million from $59 million in the year-ago period, a decline the company attributed to non-routine expenses, advertising fund timing, and higher interest expense, partially offset by a $14 million gain on the sale of company-owned stores. Adjusted EBITDA rose 7% to $114 million.

Same-store sales increased 2.3%, driven primarily by transaction growth, compared with 3.6% growth

Jersey Mike’s Reports Second Quarter Financial Results

Wed, 09 Sep 2026 06:45:00 -0400

Company provides full-year 2026 outlook, including continued same-store sales momentum in the third quarter

TINTON FALLS, N.J.--(BUSINESS WIRE)-- Jersey Mike’s Subs Inc. (NYSE: JMKE) today announced financial results for the fiscal second quarter ended June 28, 2026.

Second Quarter 2026 Highlights:

Same-store sales increased 2.3%, primarily driven by transaction growth
Opened 83 new stores, driving net unit growth of 8.1% year over year
Systemwide sales increased 10% year over year to $1.210 billion
Total revenue increased 10% year over year to $208 million
Digital sales mix increased to 43% from 41% in the prior year
Net income for the quarter was $37 million

Jersey Mike’s Reports Second Quarter Financial Results

Wed, 09 Sep 2026 06:45:00 -0400

Company provides full-year 2026 outlook, including continued same-store sales momentum in the third quarter

TINTON FALLS, N.J.--(BUSINESS WIRE)-- Jersey Mike’s Subs Inc. (NYSE: JMKE) today announced financial results for the fiscal second quarter ended June 28, 2026.

Second Quarter 2026 Highlights:

Same-store sales increased 2.3%, primarily driven by transaction growth
Opened 83 new stores, driving net unit growth of 8.1% year over year
Systemwide sales increased 10% year over year to $1.210 billion
Total revenue increased 10% year over year to $208 million
Digital sales mix increased to 43% from 41% in the prior year
Net income for the quarter was $37 million

Form 3 Jersey Mike's Subs Inc. For: Aug 28 Filed by: Boardwalk ML Holdco II L.P.

Tue, 08 Sep 2026 16:30:00 -0400

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