Inferra AI / Company / JMKE
Jersey Mike's Subs Inc.
JMKE · Consumer Discretionary
Last earnings Oct 28, 2026
Key results
Total revenuequarter
10%
Total revenue increased 10% year over year to $209 million Digital sales mix increased to 43% from 42% in the prior year Net income for the quarter of $10 million versus $32 million in the prior year Adjusted EBITDA for the quarter of $125 million versus $104 million in the prior year Diluted loss per share of Class A
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
Digital revenuequarter
43%
Total revenue increased 10% year over year to $209 million Digital sales mix increased to 43% from 42% in the prior year Net income for the quarter of $10 million versus $32 million in the prior year Adjusted EBITDA for the quarter of $125 million versus $104 million in the prior year Diluted loss per share of Class A
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
Net incomequarter
$10 million
Total revenue increased 10% year over year to $209 million Digital sales mix increased to 43% from 42% in the prior year Net income for the quarter of $10 million versus $32 million in the prior year Adjusted EBITDA for the quarter of $125 million versus $104 million in the prior year Diluted loss per share of Class A
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
Total revenue increased 10% year over year to $209 million.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
Revenuequarter
12%
Royalties and other revenue increased 12% to $143 million and advertising revenue increased 8% to $57 million, both driven by net store growth of 8.8% and same-store sales growth of 3.0%, with the latter primarily driven by transactions.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
Net income for the quarter was $10 million versus $32 million in the prior year, the decline being driven by a $29 million one-time, non-cash, equity-based compensation charge related to the IPO as well as IPO-related professional expenses, partially offset by a gain on the sale of company-owned stores.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
Adjusted net incomequarter
$74 million
Adjusted Net Income was $74 million and Adjusted EPS was $0.23 for the third quarter.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
EPSquarter
$0.23
Adjusted Net Income was $74 million and Adjusted EPS was $0.23 for the third quarter.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
Diluted EPS of Class A common stock (GAAP) $ (0.05) N A $ (0.05) N A N A Reallocation of pre-Reorganization net income $ 0.07
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
AI analysis
Q3 2026 · reported Oct 28, 2026
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q3 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Total revenue | 10% | 10% | — |
| Digital revenue | 43% | 43% | — |
| Net income | $10 million | $37 million | — |
| Revenue | 12% | 10% | — |
| Adjusted net income | $74 million | $37 million | — |
| EPS | $0.23 | — | — |
Guidance · company-stated
“growth of at least 2.5%”
Guidance stated in the release for full-year fiscal 2026; figures as stated.
Capital allocation
htm EX-99.1 Document 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.
Event summary
Jersey Mike's Subs Inc. Q3 2026 — Total revenue increased 10% year over year to $209 million Digital sales mix increased to 43% from 42% in the prior year Net income for the quarter of $10 million versus $32 million in the prior year…
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
sales: “sales growth of at least 2.5%”
sales (“full-year fiscal 2026”)
“Outlook Jersey Mike s updated outlook for full-year fiscal 2026 is as follows Same-store sales growth of at least 2.5% Net unit growth of at least 8% Adjusted EBITDA growth of at least 20% Conference Call and Webcast Jersey Mike s will host a conference call today, October 28, to discuss the fiscal third quarter 2026 financial results and business updates at 8 30 AM Eastern Time.”
Guidance stated in the release for full-year fiscal 2026; figures as stated.
Capital allocation
htm EX-99.1 Document 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.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
Capital expenditures in the same period were $7 million .
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
As of September 27, 2026, total debt was $1.8 billion and cash, cash equivalents and restricted cash were $325 million.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
Such forward-looking statements relate to matters such as our industry, business strategy, goals and expectations concerning our market position, future operations, margins, profitability, capital expenditures, liquidity and capital resources, and other financial and operating information.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
We believe this measure provides useful insight into our ability to generate earnings from core operations and to inform decisions related to budgeting, capital allocation, and debt servicing.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
) and other expenses (x) loss on debt extinguishment and (xi) the revaluation of the contingent liability less (xii) gain on sale of company-owned stores.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
Strategy & priorities
We remain focused on our long-term strategic goals of driving average unit volumes to $2 million, growing cash-on-cash returns for our franchise owners, and expanding our footprint domestically and around the world.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
Such forward-looking statements relate to matters such as our industry, business strategy, goals and expectations concerning our market position, future operations, margins, profitability, capital expenditures, liquidity and capital resources, and other financial and operating information.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
Our forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures, investments, or other strategic transactions we may make.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
The securitization structure also includes restrictions that prioritize payment of principal and interest on the Securitization Notes through the related payment waterfall.
SEC original ↗Jersey Mike's Subs Inc. — 10-Q Quarterly report10-QOct 28, 2026
Risks & headwinds
We may, in some 4 cases, use words such as anticipate, assume, believe, contemplate, continue, could, estimate, expect, foreseeable, intend, may, plan, potentially, predict, project, seek, should, target, will, or would, or similar words or phrases that convey uncertainty of future events or outcomes, to identify forward-looking statements in this press release.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
The forward-looking statements contained in this press release are based on management s current expectations and are subject to uncertainty and changes in circumstances.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, our actual results may vary in material respects from those expressed or implied in these forward-looking statements.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
OTHER INFORMATION Item 1 Legal Proceedings 38 Item 1A Risk Factors 38 Item 2 Unregistered Sales of Equity Securities and Use of Proceeds 38 Item 3 Defaults Upon Senior Securities 39 Item 4 Mine Safety Disclosures 39 Item 5 Other Information 39 Item 6 Exhibits 40 Signatures 41 2 FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.
SEC original ↗Jersey Mike's Subs Inc. — 10-Q Quarterly report10-QOct 28, 2026
We may, in some cases, use words such as anticipate, assume, believe, contemplate, continue, could, estimate, expect, foreseeable, intend, may, plan, potentially, predict, project, seek, should, target, will, or would, or similar words or phrases that convey uncertainty of future events or outcomes, to identify forward-looking statements in this Quarterly Report on Form 10-Q.
SEC original ↗Jersey Mike's Subs Inc. — 10-Q Quarterly report10-QOct 28, 2026
The forward-looking statements contained in this Quarterly Report on Form 10-Q are based on management s current expectations and are subject to uncertainty and changes in circumstances.
SEC original ↗Jersey Mike's Subs Inc. — 10-Q Quarterly report10-QOct 28, 2026
What changed vs prior quarter
Total revenue — prior quarter passage and this quarter's passage are both cited.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
Revenue — prior quarter passage and this quarter's passage are both cited.
SEC original ↗Jersey Mike's Subs Inc. — Earnings release (8-K exhibit)EX-99Oct 28, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
6 documentsEarnings releases
2 documentsPresentations
0 documentsNo presentations for Jersey Mike's Subs Inc. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Jersey Mike's Subs Inc. are held in this edition of the library.
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