CORRECTION: JP Morgan Maintains Overweight on Jersey Mike's Subs, Lowers Price Target to $24

Jersey Mike's Subs Inc. Announces Q3 2026 Financial Results and Capital Return Program

Jersey Mike's Subs Inc. reported third-quarter 2026 financial results, featuring a 10% revenue increase to $209 million, and announced a $200 million capital return program including a share repurchase authorization and a special cash dividend.

Jersey Mike's Subs Inc. Reports Q3 2026 Financial Results

Jersey Mike's Subs Inc. reported third-quarter revenue of $209.0 million and adjusted earnings per share of $0.23, both exceeding analyst estimates.

8-K filing — Jersey Mike's Subs Inc. (JMKE)

Filed: 2026-10-28 AccNo: 0002127043-26-000015 Size: 633 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits

Raymond James Maintains Outperform on Jersey Mike's Subs, Lowers Price Target to $26

Raymond James analyst Brian Vaccaro maintains Jersey Mike's Subs (NYSE:JMKE) with a Outperform and lowers the price target from $29 to $26.

Shares of restaurant and food delivery companies are trading higher as retreating bond yields and investors trimming exposure to AI-exposed tech names help drive a rebound following September's inflation-driven declines.

Shares of restaurant stocks are trading higher amid sympathy with Chipotle Mexican Grill after reports suggested that Starbucks is exploring a potential acquisition of the company.