Jersey Mike's Reports Strong Q3 2026 Growth with 11% Increase in Systemwide Sales
Jersey Mike's (JMKE) delivered a robust third quarter for 2026, characterized by an 11% increase in systemwide sales to $1.204 billion. The company saw same-store sales growth accelerate to 3.0%, outperforming the broader fast-casual segment. This performance was bolstered by net store growth and a significant rise in digital sales, which now account for 43% of total systemwide sales. Financial health remains strong with adjusted EBITDA rising 20% year-over-year to $125 million, aided by a $9 million reduction in expenses following an organizational transition. Despite management noting some temporary softness in consumer confidence toward the end of the quarter, the company issued optimistic full-year guidance, projecting at least 20% adjusted EBITDA growth and continued unit expansion.
Tickers: $JMKE
Topics: Adjusted EBITDA Digital Sales Mix Net Unit Growth Same-Store Sales Systemwide Sales
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