JERSEY MIKE’S $JMKE Q2’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $208M (Est. $209M) 🔴; +10% YoY
🔹 Adjusted EBITDA: $114M (Est. $113M) 🟢; +7% YoY
🔹 Same-Store Sales: 2.3%
FY26 Guide:
🔹 Same-Store Sales Growth: 2.5%-3.0%
🔹 Net Unit Growth: At least 8%
🔹 Adjusted EBITDA Growth: At least 20%
Q3 Guide:
🔹 Same-Store Sales Growth: 3.0%-4.0%
🔹 Adjusted EBITDA Growth: At least 13%
Other Q2 Metrics:
🔹 Systemwide Sales: $1.2B; +10% YoY
🔹 Net Income: $37M; -37% YoY
🔹 Digital Sales Mix: 43%
🔹 Total Stores: 3,378
🔹 Operating Cash Flow: $105M
Comments:
🔸 “Same-store sales accelerated in the second quarter, driven by transaction growth, which is particularly encouraging given challenged traffic trends across the industry.”
🔸 “We are proud to have earned ACSI’s designation as the number one QSR brand in the country for 2026”
Jersey City is a rarity among its Northeast peers: It’s a postindustrial town on a serious growth streak. But its new property-tax increase signals trouble.
Jersey Mike's is now trading on Kraken.
Allocations have been delivered: JMKE (US) and JMKEx (EEA and other eligible markets). Any unallocated funds have been returned automatically for IPO participants.
Available to trade at the market price today: