Jersey Mike’s Reports Better-Than-Expected Third-Quarter Earnings, Plans $200 Million Return
Jersey Mike’s Subs reported better-than-expected third-quarter earnings and plans to return up to $200 million to shareholders. Its shares have struggled since their July trading debut.
By Ty RoushJersey Mike's Subs reported better-than-expected third-quarter earnings and announced plans to return up to $200 million to shareholders on Wednesday. That wasn't enough to revive shares of the sandwich chain, which have struggled since their trading debut in July.Shares of Jersey Mike's…