India, July 2 -- Jersey Mike's, the sandwich chain, is looking to go public with an initial offering, planning to trade its shares on the New York Stock Exchange under the ticker JMKE. This move comes as the chain reports impressive financial growth and continues to expand its restaurant footprint.
For 2025, Jersey Mike's posted a net income of $55 million on revenues of $724 million, a significant jump from the previous year's net income of $5 million and $653 million in revenue.
Total systemwide sales, which encompass both company-owned and franchised locations, increased by 13% to reach $4.3 billion, with same-store sales going up by 3% for the year. Over the span from 2020 to 2025, the chain reported a remarkable 50% growth in its cum...