Jersey Mike's Set for IPO After Blackstone Takeover

1 min read
Source: CNBC
TL;DR Summary

Jersey Mike's confidentially filed for an IPO, more than a year after Blackstone acquired a majority stake in a deal valued around $8 billion; led by former Wingstop CEO Charlie Morrison, the 3,000-location hoagie chain posted 2025 revenue of $309.8 billion and net income of $183.6 million, with founder Peter Cancro having built the business before the Blackstone sale.

Share this article

Reading Insights

Total Reads

0

Unique Readers

19

Time Saved

2 min

vs 2 min read

Condensed

84%

36159 words

Want the full story? Read the original article

Read on CNBC