Jersey Mike's Subs Inc Class A

JMKE: XNYS (USA)
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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.

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