
Jersey Mike's Confidentially Files For IPO After Blackstone Deal

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Jersey Mike's has confidentially filed for an IPO, marking a significant step towards going public after Blackstone acquired a majority stake, valuing the chain at approximately $8 billion. The company, led by former Wingstop CEO Charlie Morrison, reported a revenue increase to $309.8 million in 2025, despite a drop in net income to $183.6 million. This IPO filing could be one of the first in the restaurant sector since market volatility has slowed down IPO activity.
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