Jersey Mike's Files for IPO with Target Valuation Near $8 Billion
Jersey Mike’s has filed to go public and is targeting a valuation of nearly $8 billion. The sandwich chain plans to list on the New York Stock Exchange under the ticker symbol 'JMKE' at an expected price range of $21 to $25 per share, potentially raising between $913 million and $1.09 billion in gross proceeds.
Topics: franchising IPO restaurant industry valuation