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The Latest Breaking News from Jersey Mike

Jersey Mike's Serves Fresh Gains After IPO Stumble

Jersey Mike's shares recovered after dipping below their $23 IPO price, as investors weigh debt paydown plans, franchise unit economics, and upcoming quiet period and lock-up expirations.

MarketBeat

How to Play Jersey Mike’s Subs Stock After the JMKE IPO

Wall Street finally got a taste of Blackstone-backed Jersey Mike’s, yet the first bite looked hesitant. What’s next for JMKE?

Barchart

JMKE Stock Scores 'Buy' Rating Following the Jersey Mike's IPO

Jersey Mike’s has raised about $1 billion in its IPO. Melius Research recommends buying JMKE shares at current levels.

Barchart

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US stocks: Jersey Mike's shares fall 8.7% in New York debut

Jersey Mike's debuted on the New York Stock Exchange with shares opening lower. The sandwich chain's initial public offering raised approximately one billion dollars. This listing marks one of the largest restaurant IPOs in recent years. The company operates over three thousand three hundred locations across the United States and…

The Economic Times

The Pete behind Jersey Mike’s was only 17 years old when he borrowed $125,000 to buy the chain—with some help from his high school football coach

Peter Cancro had worked at the Jersey Shore sub shop since he was 14; the six-figure loan would be worth $775,000 today.

Fortune

Jersey Mike’s tests how far investors will stretch on restaurant IPO valuations

Jersey Mike’s is aiming for a near-$8 billion listing, testing investors’ appetite for franchise-driven growth.

Fortune

Jersey Mike's IPO valuation could reach eight times Sweetgreen's market cap

Jersey Mike’s is targeting a valuation that would rank among the largest recent restaurant IPOs, highlighting the premium investors are placing on fast-growing, asset-light franchise businesses.

Fortune

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Baltimore woman visits Jersey Mike’s for a free birthday sub. But one shouting match later, she leaves threatening to get an employee fired

She considered suing.

We Got This Covered

Chicago woman at Jersey Mike’s won’t take no for an answer, threatens lawsuit, after requesting a birthday discount

Video shows she also threatened to contact corporate.

We Got This Covered

Jersey Mike's $12 billion IPO filing reveals a $50 million payday for the founder’s stepson and a $41 million jet

The sandwich chain’s initial public offering is among the largest in restaurant history.

Fortune

IPO Alert: What to Know as Jersey Mike's Files to Go Public

Jersey Mike’s Subs has reportedly filed to debut on the NYSE under the ticker JMKE. Here’s what the company’s S-1 filing told us.

Barchart

You could soon own a piece of Jersey’s Mike as company moves closer to offering stocks

Jersey Mike's has over 3,300 locations in the U.S.

The Independent UK

NJ man orders Jersey Mike’s cheesesteak, allegedly finds delivery driver’s dentures embedded in the sandwich: ‘Shocking and offensive’

Mistakes happen, but this wasn't one.

We Got This Covered

Chick-fil-A dethroned in fast food rankings as popular sandwich chain surges

The fan-favorite chicken chain was the top-rated quick-service restaurant for 11 years in a row

The Independent UK

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We Got This Covered

Maryland woman grabs Jersey Mikes sub, one distracted bite later, she was getting a CT scan for an alleged foreign object stuck in her throat

“Be careful where you eat.”

We Got This Covered

Hungry woman orders at Jersey Mike’s. Their next question left her speechless

When in doubt, don't ask.

The Independent UK

‘Our fans let us know they're hungry for it, so we created this bold new flavor profile,’ Jersey Mike’s President Stacy Peterson said

The Mary Sue

L.A. woman orders Jersey Mike’s—then she learns not to DoorDash subs ever again: ‘They are soooo wrong for that’

Food delivery apps have made ordering takeout more convenient. At your fingertips, you can choose the restaurant you’re craving and have it delivered to your doorstep. However, there may be glitches along the way due to the app, the driver, or even the food. One Los Angeles woman was devastated…

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The Mary Sue

‘So you noticed too?’: Man starts ordering sandwich at Jersey Mike’s. Then the man making it says something that ‘repulsed’ him

There’s no doubt that shrinkflation has hit the food industry.

The Independent UK

Jimmy John’s gets two new toasted sandwiches and both will have you thinking pizza

The new subs include the first vegetarian option on the toasted sandwiches menu

International Business Times UK

Subway Names Jonathan Fitzpatrick as New CEO — But Is That Enough to Take On Jersey Mike's?

Jonathan's appointment comes at a pivotal time for the company as it faces significant competition from Jersey Mike's, which has seen greater expansion under its CEO, Charlie Morrison.

The Guardian - US

Florida sandwich shop staffer helps free kidnapped domestic violence victim

Jersey Mike’s employee reportedly called county sheriff’s office after finding note in store bathroom that read ‘HELP’

We Got This Covered

Florida woman leaves desperate note in Jersey Mike’s restroom: A pro-wrestler was holding her hostage

The note almost got thrown out with the trash.

Fortune

Jersey Mike’s CEO is now worth almost as much as Mark Cuban after agreeing to sell his sandwich chain to Blackstone in a deal worth $8 billion

Peter Cancro has been with the sub sandwich chain for more than 50 years.

The Independent UK

Jersey Mike's sandwich chain is acquired by private equity firm Blackstone

Jersey Mike’s, the quickly expanding sandwich chain, is being acquired by the private equity firm Blackstone

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