Jersey Mike's Subs Sees FY Adjusted EBITDA Growth of at Least 20%
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10:53:23 AM UTC
SquawkNews
Jersey Mike's Subs reported third-quarter fiscal 2026 revenue of $209 million, up 10% year over year, and net income of $10 million. Adjusted EBITDA rose 20% to $125 million, while Adjusted EPS was $0.23. The company updated its full-year outlook and announced a share repurchase authorization and s…
11:17:11 AM UTC
SquawkNews
By Rob CurranJersey Mike's Subs posted a third-quarter loss and moderated its growth projection for the year even as adjusted earnings surpassed analysts' expectations.The Tinton Falls, N.J., sandwich chain posted a loss of $11 million, or 5 cents a share, for the quarter ended September 27.Strippi…