Jersey Mike's Subs Inc Class A
JMKE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.K | LOCK|GF | LOCK|Y#!&m< |
Jersey Mike's Earnings: Digital Marketing and Value-Oriented Offers Are Bearing Fruit; Shares Rich
Jersey Mike's Subs delivered 10% systemwide sales growth in the second quarter, propelled by 8.1% net unit and 2.3% comparable sales growth. Adjusted EBITDA rose 18%, excluding the adverse impact of advertising fund timing, as the firm streamlined its organizational structure.
