Jersey Mikes Subs

Q2 FY2026 EarningsQ2 FY26 results were roughly in line with revenue expectations at $208M vs. $208.7M expected, while GAAP EPS of $0.12 met the consensus mean. Systemwide sales grew 10% YoY, supported by a 2.3% increase in same-store sales and 8.1% net unit growth. Despite a 37% YoY decline in GAAP net income due to non-routine IPO-related costs and higher interest, Adjusted EBITDA rose 7% to $114M. Management's Q3 guidance for same-store sales growth (3.0-4.0%) suggests accelerating momentum entering the second half of the year.