Jersey Mike's Subs Reports Q3 Earnings Beat and Increases FY26 Outlook
Jersey Mike's Subs reported third-quarter financial results that exceeded both top-line and bottom-line analyst expectations. The company achieved a non-GAAP earnings per share of $0.23, surpassing estimates by $0.05, while revenue rose 10% year-over-year to $209 million. Growth was supported by a 3.0% increase in same-store sales, largely fueled by higher transaction volumes. The company also demonstrated aggressive expansion, opening 80 new locations which contributed to an 8.8% annual net store growth rate. Following these results, the company has updated its financial outlook for fiscal year 2026.
Tickers: $JMKE
Topics: earnings beat revenue growth same-store sales store expansion
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