Jersey Mike’s Q3 Same-store sales +3%, Systemwide Sales +11% Y/Y

Benzinga Newsdesk 6 days ago

EarningsNews

Same-store sales increased 3.0%, primarily driven by transaction growthOpened 80 new stores, driving net store growth of 8.8% year over yearSystemwide sales increased 11% year over year to $1.204 billionTotal revenue

  • Same-store sales increased 3.0%, primarily driven by transaction growth
  • Opened 80 new stores, driving net store growth of 8.8% year over year
  • Systemwide sales increased 11% year over year to $1.204 billion
  • Total revenue increased 10% year over year to $209 million
  • Digital sales mix increased to 43% from 42% in the prior year

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