Jersey Mike's Subs Inc. — News

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benzinga.com - 2026-08-08 09:52:12

The stock slumped after launching its IPO. Jersey Mike's has a higher valuation than similar restaurant stocks.

fool.com - 2026-08-05 13:07:00

When the share price of Jersey Mike's Subs Inc. NYSE: JMKE slipped below its $23 IPO price on opening day, traders witnessed a brief disconnect between trading mechanics and the company's core business fundamentals.

marketbeat.com - 2026-08-04 08:46:40

Six IPOs and two SPACs priced this week. One IPO and one SPAC submitted filings. Four IPOs are currently scheduled for the week ahead, featuring three biotechs and a California bank.

seekingalpha.com - 2026-08-01 00:30:00

TINTON FALLS, N.J.--(BUSINESS WIRE)--Jersey Mike's Subs Inc. (“Jersey Mike's” or the “Company”) today announced the closing of its initial public offering of 43,478,261 shares of its Class A common stock at the initial public offering price of $23.00 per share. Jersey Mike's intends to use the proceeds (net of underwriting discounts and commissions) from the issuance of 13,782,609 shares to repay certain indebtedness and for general corporate purposes. Jersey Mike's will not receive any proceed.

businesswire.com - 2026-07-31 16:15:00

Jersey Mike's Subs Inc. (NYSE:JMKE) stepped onto the public stage Friday, beginning its first day of trading on the New York Stock Exchange after setting its offering price at $23 per share and securing a total valuation of $1 billion at that level. Here's what you need to know.

benzinga.com - 2026-07-31 11:00:53

A fresh blank-check company just landed on Nasdaq with a mandate to shake up gaming and digital media M&A, and the acquisition targets it chooses could signal where the next wave of consolidation is headed.

247wallst.com - 2026-07-31 09:49:16

The CEO of the newly public sandwich chain says the company needs to be more proactive about reaching younger customers.

marketwatch.com - 2026-07-30 18:24:00

Jersey Mike's made its public market debut on the New York Stock Exchange under the ticker "JMKE." The sandwich chain is now among the largest-ever initial fundraises for a restaurant IPO.

cnbc.com - 2026-07-30 13:08:38

Jersey Mike's is launching the largest restaurant IPO in two decades, boasting 3,256 stores and a highly franchised, asset-light model. JMKE delivers robust ~47% adjusted EBITDA margins and rapid unit paybacks (~2.5 years), but faces questions about scalability and franchisee-driven growth. Post-IPO, JMKE's net debt remains elevated, with proceeds partially earmarked for deleveraging, yet leverage is still high for the sector.

seekingalpha.com - 2026-07-30 09:00:00

Jersey Mike's Subs (JMKE) debuts on NYSE at $23/share, raising $1B and achieving a $7.3B valuation. JMKE's growth strategy includes opening 400 UK and Ireland stores, building on its 3,300+ locations in North America.

seekingalpha.com - 2026-07-30 06:40:00

TINTON FALLS, N.J.--(BUSINESS WIRE)--Jersey Mike's Subs Inc. (“Jersey Mike's” or the “Company”) today announced the pricing of its initial public offering of 43,478,261 shares of its Class A common stock at a price to the public of $23.00 per share. In addition, existing stockholders (the “Selling Stockholders”) have granted the underwriters a 30-day option to purchase up to an additional 6,521,739 shares of Jersey Mike's Class A common stock to cover over-allotments at the initial public offer.

businesswire.com - 2026-07-29 19:10:00

Sandwich chain Jersey ‌Mike's priced its U.S. initial public offering (IPO) ​at $23 per share on ​Wednesday, at the midpoint of its ⁠indicated price range, making ​it one of ​the largest restaurant IPOs in recent years, people familiar ​with the matter ​said.

reuters.com - 2026-07-29 18:47:58

The sandwich chain is going public on Thursday. It will test the appetite of investors after blockbuster debuts like Elon Musk's SpaceX.

barrons.com - 2026-07-29 12:25:00

ST HELIER, Jersey--(BUSINESS WIRE)--Payward Services, the B2B infrastructure platform from Payward, the company behind global crypto platform Kraken, today opened Pre-IPO access to Jersey Mike's Subs, the fast-casual sandwich chain preparing to list on the New York Stock Exchange. For the first time, eligible Kraken customers in the United States can participate in Pre-IPO Access, receiving real shares at the offering price, plus any associated fees, through a traditional securities offering po.

businesswire.com - 2026-07-28 08:00:00

When it comes to headlines, the landscape for initial public offerings in 2026 has overwhelmingly been dominated by artificial intelligence and tech companies.

fastcompany.com - 2026-07-21 15:11:18

Jersey Mike's IPO prospectus earlier this month revealed how much the family of founder Peter Cancro, whose net worth is estimated at $4.9 billion as of Monday, has been paid by the company. His stepson, Philip Sivolobov, received $50.5 million from Jersey Mike's from 2023 to 2025, and Cancro's brother-in-law Daniel Power collected more than $31 million from 2024 to 2025, while brother John Cancro received about $21 million from 2023 to 2025.

forbes.com - 2026-07-20 14:00:07

Jersey Mike's Subs has begun the road show for its proposed initial public offering (IPO), with the sandwich chain looking to raise up to nearly $1.1 billion through the sale of Class A common stock. The company is offering about 43.5 million shares priced between $21 and $25 each, which would generate gross proceeds of approximately $913 million to $1.1 billion.

proactiveinvestors.com - 2026-07-20 12:08:44

At the top end of the range, Jersey Mike's would hit a market value of nearly $8 billion based on the outstanding shares listed in its filing.

nypost.com - 2026-07-20 12:04:34

TINTON FALLS, N.J., July 20, 2026 /PRNewswire/ -- Jersey Mike's Subs Inc. ("Jersey Mike's" or the "Company") announced today that it has commenced a roadshow for its proposed initial public offering ("IPO") of 43,478,261 shares of its Class A common stock to be sold by Jersey Mike's and certain of its existing stockholders (the "Selling Stockholders").

prnewswire.com - 2026-07-20 06:23:00

Three sizable IPOs and four SPACs priced this week. Eleven IPOs and four SPACs submitted filings. While the post-Independence Day calendar is mostly quiet right now, one mega name is tentatively scheduled to list in the week ahead. Street research will be available for five companies in the week ahead, and three lock-up periods will be expiring.

seekingalpha.com - 2026-07-03 13:23:00

Sandwich chain's IPO filing offers details about sales gains and family compensation

marketwatch.com - 2026-07-02 18:24:00

I can't tell the exact tipping point from realistic excitement over a new technology, to hype, to aww-come-on — but I'm pretty sure when a sandwich shop with Danny DeVito as its public face talks about AI in its IPO documents, we must be getting close.

techcrunch.com - 2026-07-02 16:11:59

Jersey Mike's Subs, the sandwich chain backed by Blackstone, has filed for an initial public offering, seeking to capitalize on a rebound in the United States IPO market. The company plans to list its Class A common stock on the New York Stock Exchange under the ticker symbol ‘JMKE.

proactiveinvestors.com - 2026-07-02 16:06:47

The prospectus does not reveal Jersey Mike's proposed share price range or the total shares it plans to offer.

forbes.com - 2026-07-02 13:55:28

TINTON FALLS, N.J., July 2, 2026 /PRNewswire/ -- Jersey Mike's Subs Inc. ("Jersey Mike's" or the "Company") announced that it has publicly filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its Class A common stock.

prnewswire.com - 2026-07-02 11:32:00