Sandwich chain Jersey Mike's files for IPO, reports 50% same-store sales growth in recent years
Blackstone-backed sandwich chain Jersey Mike's is moving toward a public listing on the NYSE following significant sales growth.
📍 How it ended
Blackstone-backed Jersey Mike's filed for an IPO with a planned listing on the NYSE. The filing revealed reports of 50% same-store sales growth and details regarding executive pay and company assets.
The story quieted without a definitive conclusion in the coverage.
Epilogue added 45d ago, after coverage quieted.
Coverage (8)
- Blackstone files to take Jersey Mike's public Yahoo Finance · 47d ago
- Jersey Mike’s IPO Filing Reveals $50 Million In Pay For A Stepson, A $41 Million Aircraft And A Family On Payroll Forbes · 47d ago
- Sandwich chain Jersey Mike’s files for IPO as Blackstone eyes windfall Financial Times · 47d ago
- Jersey Mike’s Stacks Up Profit Prior to IPO WSJ · 47d ago
- Blackstone-Backed Jersey Mike’s Files for IPO as Listings Jump Bloomberg.com · 47d ago
- Jersey Mike's files for IPO with NYSE listing planned qz.com · 47d ago
- Blackstone-backed Jersey Mike's publicly files for IPO Axios · 47d ago
- Sandwich chain Jersey Mike's files for IPO, reports 50% same-store sales growth in recent years CNBC · 47d ago broke it first
Where it stands
Jersey Mike's has officially filed for an initial public offering (IPO). The company intends to list on the New York Stock Exchange, according to reports from Quartz and other outlets.
Coverage from CNBC emphasizes that the chain has seen 50% same-store sales growth in recent years. Bloomberg and Axios both highlight the company's backing by Blackstone, while the Wall Street Journal notes the company's profit accumulation leading up to the filing.
Observers are monitoring the IPO as part of a broader jump in listings. Further details regarding the offering will emerge as the NYSE listing process progresses.
Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 47d ago.
Answered
Where does Jersey Mike's plan to list?
The company plans to list on the New York Stock Exchange (NYSE).
What growth metric did Jersey Mike's report?
According to CNBC, the chain reported 50% same-store sales growth in recent years.
Who is backing the company?
Bloomberg and Axios report that Jersey Mike's is backed by Blackstone.
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