Why is Jersey Mikes Subs stock surging today?

Jersey Mike’s Subs (JMKE) reported Q3 2026 earnings, beating estimates with $0.23 EPS and $209M revenue. Net leverage dropped to 3.9x, EBITDA grew 20%, and same-store sales rose 3%. The company opened 80 new stores and guided for 20% EBITDA growth in 2026.

Jersey Mike's (JMKE) reported Q3 earnings that exceeded revenue and profit expectations, but same-store sales growth slowed to 3.0% from the prior year. Shares are trading lower on light volume, focusing on the sales deceleration.

Jersey Mike's Subs Inc. (JMKE) filed an SEC Form 8-K — Results of Operations and Financial Condition. Jersey Mike’s Reports Third Quarter Financial Results Company updates full-year 2026 outlook Announces $100 million share repurchase authorization Declares $0.35 special dividend to holders of Class A common stock Tinton Falls, NJ - October 28, 2026 — Jersey Mike’s Subs Inc. (NYS

Jersey Mike's Subs Inc. (JMKE) filed an SEC Form 8-K — Other Events. Item 5.01 Changes in Control of Registrant. (b) Information required by Item 403(c) of Regulation S-K regarding arrangements known to the registrant which may at a subsequent date result in a change of control. The information set forth under Item 8.01 below is incorporated by re

Bank of America analyst Sara Senatore raised her price target for Jersey Mike's Subs (JMKE) to $29, citing improving traffic trends and digital sales growth. The company reported Q2 same-store sales growth of 2.3% and systemwide sales of $1.21 billion. Despite near-term expense pressures, BofA maintains a Buy rating, expecting long-term growth. JMKE opened 83 new restaurants in Q2, with a target of over 7,500 domestic stores by 2036.

Jersey Mike's Subs (JMKE) reported Q2 2026 results with higher sales and revenue but lower profit. Shares closed at $21.71, with a 7-day return of 4.5% and a 30-day return of -2%. The stock trades at a P/S ratio of 6.7x, higher than peers and industry average, suggesting investors expect future profitability improvements.