Jersey Mike's is a sub sandwich chain that focuses on providing high-quality, authentic sandwiches made with fresh ingredients. The company operates through a franchise model, allowing for rapid expansion while maintaining a commitment to quality and customer experience. Their mission is to make a difference in communities by serving delicious food and supporting local initiatives.
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | $696.0M | Not provided | $653.0M |
| Adjusted Net Income | Not provided | $5M | $21M |
| Margin % | - | - | 3.2% |
Based on price range midpoint and most recent fiscal year data.
The company operates in the fast-casual dining segment, specifically within the sub sandwich market, which is well-established globally. Jersey Mike's competes with major players such as Subway and Jimmy John's.
Proceeds from the IPO will primarily be used to support the company's growth initiatives, including international expansion and enhancing operational capabilities.
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