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

Jersey Mike’s Subs reported Q3 2026 revenue of $209 million, up 10% year over year, and same-store sales growth of 3.0%, supported by higher transactions. It opened 80 stores, bringing net store growth to 8.8%. The company announced a capital return program of up to $200 million, including a $100 million share repurchase authorization and a special dividend of $0.35 per share payable November 19, 2026. Its 2026 outlook calls for at least 2.5% same-store sales growth, 8% net unit growth and 20% Adjusted EBITDA growth.