Jersey Mike's Subs Inc. Class A Common Stock (JMKE)

The company's shift to in-house operations added $9 million in profit while new stores outperformed prior vintages.

Same-store sales accelerated to 3.0% on traffic gains amid consumer softness.

Jersey Mike's (NYSE:JMKE) reported third-quarter system-wide sales of $1.2 billion, up 11% from a year earlier, as 9% net unit growth and a 3% increase in same-store sales supported results. Same-store sales accelerated from 2.3% in the second quarter and were driven primarily by transaction growth,

This sub-fueled growth story is just getting started.

Jersey Mike's (NYSE:JMKE) reported second-quarter same-store sales growth of 2.3%, accelerating from 1.7% in the first quarter, as transaction growth, digital marketing and limited-time menu promotions supported demand. Chief Executive Officer Charlie Morrison said same-store sales continued to imp

Jersey Mike's Subs (NYSE:JMKE) released second-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. Benzinga APIs provide real-time access to earnings call

The IPO and its timing put prospective shareholders in an unexpectedly difficult position.

Jersey Mike's shares recovered after dipping below their $23 IPO price, as investors weigh debt paydown plans, franchise unit economics, and upcoming quiet period and lock-up expirations.