Jersey Mike's Subs Inc Class A

JMKE: XNYS (USA)
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Jersey Mike's Earnings: Lower-Priced Promotions and Digital Investment Fuel Traffic Gains

Jersey Mike's delivered 11% system sales growth in the third quarter, buoyed by 8.8% net store growth and 3% comparable sales lift, with the latter driven by transactions. Adjusted EBITDA increased 20%, benefiting from $5 million in delayed advertising spending.

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