Jersey Mike’s first public post-IPO earnings fail to lift shares
Jersey Mike’s reported $208 million in corporate revenue for fiscal second quarter. The first earnings report since going public did not provide a catalyst as the stock faltered around its trading debut.
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11:31:06 AM UTC
SquawkNews
By Connor HartJersey Mike's Subs reported higher revenue and sales in its first quarterly readout since its Blackstone-backed initial public offering this summer, as the company continues to broaden its customer base and grow its digital channels.The sandwich chain on Wednesday posted a profit of…
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