Added to YB: 2026-08-26
Pitch date: 2026-08-20
JMKE [neutral]
Jersey Mike's Subs Inc.
-1.94%
current return
Author Info
No bio for this author
Company Info
Jersey Mike's Subs Inc. engages in franchising and operating fast casual, submarine-style sandwich restaurants specializing in authentic, hand-crafted, and craveable subs.
Market Cap
$5.6B
Pitch Price
$22.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
30.56
P/E
N/A
EV/Sales
10.01
Sector
Hotels, Restaurants and Leisure
Category
special_situation
The Sift No.3 - Needs More Research: Jersey Mike's Subs Inc.
JMKE (needs more research): Recently IPO'd (Jul 30 at $23, ~10x LTM sales, 15x oversubscribed) at 17.1x NTM EV/EBITDA; MC $7.3B. Author flags potential short setup: Blackstone acquired Nov '24 and flipped public in <2yrs to pay down ~$1B debt, suggesting a quick dress-up—2025 rev +11% but SSS only +3%, in a brutal restaurant environment. Needs more research; no earnings date set.
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