Jersey Mike's Subs Inc. reported its first quarterly results as a public company on September 9, 2026, with total revenue up 10% year over year to $208 million and same-store sales accelerating to 2.3% growth from 1.7% in the prior quarter. The company, which trades on the New York Stock Exchange under the ticker JMKE, said the improvement was driven primarily by transaction growth even as the restaurant industry faced weak traffic trends. Net income fell to $37 million from $59 million a year earlier, reflecting non-routine expenses, advertising fund timing, and higher interest costs following the company's July initial public offering, partially offset by a $14 million gain on the sale of corporate-owned stores. Jersey Mike's added 83 stores in the second quarter, grew systemwide sales 10% to $1.21 billion, and ended the quarter with 3,378 locations, while its domestic development pipeline of more than 1,600 stores is more than 90% sourced from existing franchisees. Digital sales represented 43% of systemwide sales, up from 41% a year earlier, and the company earned the No. 1 ranking among U.S. quick-service restaurant brands in the 2026 American Customer Satisfaction Index, surpassing Chick-fil-A after 11 consecutive years at the top.
Apple Inc.
Jersey Mike's Subs Inc.First public earnings: revenue up 10% to $208M with same-store sales accelerating, though net income fell on IPO-related costs.
Jersey Mike's surpassed Chick-fil-A for the No. 1 ACSI quick-service ranking after Chick-fil-A's 11-year run at the top.