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Jersey Mike's Subs Inc. (JMKE)

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About Jersey Mike's Subs Inc.

Jersey Mike's Subs Inc. operates and franchises the Jersey Mike's chain of sandwich shops, which specializes in hot and cold submarine sandwiches made to order with meats and cheeses sliced fresh in each store. The brand traces its roots to a sub shop opened in 1956 in Point Pleasant, New Jersey, and has grown into a nationwide fast-casual restaurant system.

The large majority of locations are owned and operated by franchisees, and the company earns revenue mainly from royalties and fees paid by franchisees along with sales at company-operated restaurants. Its menu centers on signature cold subs, cheesesteaks and other hot sandwiches, with sales through dine-in, takeout, catering and digital ordering channels. The chain also has an annual charitable giving campaign tied to its restaurants.

Jersey Mike's is headquartered in Manasquan, New Jersey. Investment firm Blackstone acquired a majority stake in the company before its shares began trading on the New York Stock Exchange.

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