These Analysts Raise Their Forecasts On Jersey Mike's Subs After Q2 Results

Jersey Mike's Subs Inc. (NYSE:JMKE) on Wednesday reported higher adjusted earnings, while revenue came in roughly in line with Wall Street expectations.

Benzinga • Sep 10, 2026

Jersey Mike's: After The IPO, What's Under The Bread?

Jersey Mike's (JMKE) delivered strong first earnings as a public company, with same-store sales up 2.3% and robust unit growth. JMKE trades at ~20.8x adjusted EBITDA, a premium multiple that seems stretched given long-term risks to AUV growth and franchise expansion. Management guides for 2.5-3% same-store sales, ~8% unit growth, and 20% adjusted EBITDA growth in FY 2026, but cash conversion lags expectations.

Seeking Alpha • Sep 10, 2026

Why Jersey Mike's Stock Jumped Today

People dig Jersey Mike's sandwiches. Management plans to sell a whole lot more of them in the coming years.

The Motley Fool • Sep 10, 2026

Jersey Mike's profit beats estimates, shares jump on strong guidance

Jersey Mike's (NYSE:JMKE) reported second-quarter earnings that topped adjusted profit estimates but fell short on revenue, as the sandwich chain forecast accelerating same-store sales growth heading into the current quarter. Revenue for the quarter came in at $208 million, up 10% from a year earlier but below the $209 million analysts had expected.

Proactive Investors • Sep 9, 2026

Jersey Mike's Q2 Earnings Call Highlights

Jersey Mike's NYSE: JMKE reported second-quarter same-store sales growth of 2.3%, accelerating from 1.7% in the first quarter, as transaction growth, digital marketing and limited-time menu promotions supported demand.

MarketBeat • Sep 9, 2026

Why Jersey Mike's First Public Earnings After IPO Are Failing to Lift the Stock

Jersey Mike's reports $208 million in corporate revenue for the fiscal second quarter, in line with analysts' expectations.

Barrons • Sep 9, 2026

Jersey Mike's Subs Inc. (JMKE) Q2 2026 Earnings Call Transcript

Jersey Mike's Subs Inc. (JMKE) Q2 2026 Earnings Call Transcript

Seeking Alpha • Sep 9, 2026

Jersey Mike's Reports Second Quarter Financial Results

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%.

Business Wire • Sep 9, 2026

Jersey Mike's Logs Higher Revenue on Growing Customer Base

Jersey Mike's Subs reported higher revenue and sales in its first quarterly readout since its Blackstone-backed initial public offering this summer, as the company continues to broaden its customer base and grow its digital channels.

WSJ • Sep 9, 2026

Jersey Mike's: Growth Runway Is Real, But I Prefer To Wait

Jersey Mike's Subs Inc. demonstrates strong unit growth and digital engagement, but recent financials are clouded by IPO-related one-offs. Q2 systemwide sales grew 10% YoY, driven by 83 new stores and 2.3% SSS growth, primarily from increased transactions. Despite robust top-line growth, operating expenses surged 44% due to restructuring costs, muting profitability; adj. EBITDA rose 6.5%.

Seeking Alpha • Sep 9, 2026