Jersey Mike's Q2 revenue rises 10% to $208 million; net income falls to $37 million
Jersey Mike's reported second-quarter 2026 results for the 13 weeks ended June 28, 2026, with total revenue up 10% year over year to $208 million and same-store sales up 2.3%. Net income fell to $37 million from $59 million, while Adjusted EBITDA rose 7% to $114 million. The company also gave full-year 2026 guidance, which for shareholders sets targets for same-store sales, store growth and Adjusted EBITDA.
Key points
- Total revenue rose 10% to $208 million; systemwide sales rose 10% to $1.210 billion
- Net income was $37 million versus $59 million a year earlier, including a $14 million gain on sale of company-owned stores
- Adjusted EBITDA rose 7% to $114 million, including a $10 million net adverse impact from advertising fund timing
- Full-year 2026 outlook: same-store sales growth of 2.5-3.0%, net unit growth of at least 8%, Adjusted EBITDA growth of at least 20%
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 09, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.