Jersey Mike's climbs after first post-IPO earnings release and upbeat outlook

By: Quiver PriceTracker

Posted: 18 hours ago / Sept. 9, 2026 5:35 p.m. UTC

JMKE

Jersey Mike's Subs Inc. (JMKE) is up 7.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to Jersey Mike’s first quarterly report as a public company, which showed continued sales growth, unit expansion, and an outlook that points to stronger same-store sales in the current quarter. Investors also seem to be responding to improving traffic trends and higher adjusted EBITDA, even though net income declined from the prior-year period.

Details:

The company reported second-quarter same-store sales growth of 2.3%, with management highlighting transaction growth as a key driver.

Systemwide sales rose 10% to $1.210 billion, while total revenue increased 10% to $208 million in the quarter.

Jersey Mike’s opened 83 new stores in the quarter, resulting in net unit growth of 8.1% from a year earlier.

Full-year guidance called for same-store sales growth of 2.5% to 3.0%, including 3.0% to 4.0% in the third quarter, which likely supported the stock’s gain.

Sources:

Jersey Mike's Investor Relations, SEC, Yahoo Finance ([investors.jerseymikes.com](https://investors.jerseymikes.com/news-events/press-releases/detail/152/jersey-mikes-reports-second-quarter-financial-results?utm_source=openai))

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$JMKE Insider Trading Activity

$JMKE insiders have traded $JMKE stock on the open market 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales.

Here’s a breakdown of recent trading of $JMKE stock by insiders over the last 6 months:

HOLDINGS II L.P. BLACKSTONE has made 0 purchases and 4 sales selling 32,268,212 shares for an estimated $705,060,432.
BUYER LLC SUBMARINE has made 0 purchases and 4 sales selling 32,268,212 shares for an estimated $705,060,432.
DHABI INVESTMENT AUTHORITY ABU has made 0 purchases and 2 sales selling 4,793,198 shares for an estimated $104,731,376.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.