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Jersey Mikes

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business1 day ago•2 min saved

Fresh rival edges past Chick-fil-A as fast-food satisfaction tightens

Jersey Mike’s beat Chick-fil-A to the No. 1 spot in the latest American Customer Satisfaction Index quick-service rankings, but Chick-fil-A’s score stayed flat at 83 while Jersey Mike’s rose to 84. The shift reflects tighter competition driven by freshness, variety and perceived value; Chick-fil-A remains the leader in the chicken category, and drive-thru satisfaction was cited at 98% in a 2025 study. Readers can find the reports at acsi.com and qsrmagazine.com.

via USA Today|

#acsi #business #chick-fil-a

business17 days ago•10 min saved

Jersey Mike's plans IPO as sales soar and expansion accelerates

Jersey Mike's filed for a NYSE IPO under the ticker JMKE after rapid growth, reporting 50% same-store sales growth from 2020–2025 and systemwide sales of about $4.3 billion in 2025. With roughly 3,300 US locations, the chain aims to add 7,500 more US stores and expand globally to about 15,000 stores, including 300 in Canada by 2034 and 300 in the UK/Ireland. Founder Peter Cancro will play a key overseas role, Blackstone has held a majority stake since 2024, and Jersey Mike's was named America’s top-rated quick-service restaurant by the American Customer Satisfaction Index.

via Yahoo Finance|

#business #expansion #fast-food

business18 days ago•4 min saved

Jersey Mike’s files for IPO as Blackstone targets multi‑billion windfall

Jersey Mike’s, the New Jersey-based sandwich chain owned by Blackstone, has filed for an initial public offering as Blackstone seeks a roughly $10–12 billion valuation, aiming to unlock a quick windfall after acquiring a majority stake in 2024 for about $8 billion. The company posted $724 million in revenue and $55 million in net income last year, with same-store sales up 3%, and plans to use IPO proceeds to reduce part of its $2.1 billion debt tied to the Blackstone deal. The move underscores Blackstone’s outlook for more public listings and exits in a buoyant market, with co-investors including ADIA benefiting from the transfer of value.

via Financial Times|

#blackstone #business #ipo

business19 days ago•2 min saved

Jersey Mike’s tees up IPO amid steady growth and franchising strength

Jersey Mike’s filed to go public on the NYSE under JMKE, citing 2025 same-store sales up 3% (50% since 2020), net income of $55 million on $724 million revenue, and $4.3 billion in annual system sales across about 3,300 mostly franchised locations. Blackstone previously owned a majority stake; CEO Charlie Morrison (ex-Wingstop) leads the chain with founder Peter Cancro remaining involved as it eyes expansion.

via CNBC|

#blackstone #business #franchising

us-news25 days ago•24 min saved

NJ dentures in Jersey Mike’s sub spark bizarre NJ lawsuit

A New Jersey man says his Jersey Mike’s cheesesteak contained the delivery driver’s dentures, prompting a lawsuit against Grubhub and Jersey Mike’s alleging negligence and improper packaging; the driver reportedly told police she accidentally placed her dentures in the sandwich while checking orders.

via New York Post|

#food-safety #grubhub #jersey-mikes

entertainment28 days ago•47 min saved

Sub meltdown goes viral as shopper clashes with Jersey Mike’s over ranch

A viral clip shows a woman loudly berating Jersey Mike’s staff over a missing ranch on a chicken bacon ranch sub. The confrontation escalates to the point where police are called and the customer storms out, prompting online backlash and a debate about civility toward workers. The Daily Dot notes it could not independently verify the events in the video.

via Yahoo|

#customer-service #entertainment #jersey-mikes

business1 month ago•2 min saved

Jersey Mike's Surges to No. 1 in ACSI Fast-Food Rankings, Overtaking Chick-fil-A

ACSI's 2026 study crowns Jersey Mike's as America's top-rated fast-food chain with an 84/100 score, citing freshness, variety and value, while Chick-fil-A remains the leader in the chicken category. The shift follows Jersey Mike's growth after its 2024 Blackstone acquisition, with CEO Charlie Morrison eyeing rapid expansion (238 new stores in 2025 and ~3,200 current stores, potentially doubling) and over $4 billion in sales, even as overall U.S. fast-food growth slowed to about 3% in 2025.

via The Takeout|

#acsi #business #chick-fil-a

business1 month ago•11 min saved

Jersey Mike's Tops Fast-Food Crown, Ending Chick-fil-A's 11-Year Reign

Jersey Mike's overtook Chick-fil-A to claim the top spot in the American Customer Satisfaction Index's fast-food rankings, ending Chick-fil-A's 11-year reign. Jersey Mike's was praised for freshness, variety, and value and expanded to 238 new locations in 2025, reaching $4.2 billion in systemwide sales. Chick-fil-A remains the leader in the chicken category, with other top chains including Jimmy John's, Subway, KFC, and Domino's also highly ranked. Analysts say rising costs and price-driven growth are shaping the current landscape, with new brands entering the top tier.

via Yahoo Finance|

#american-customer-satisfaction-index #business #chick-fil-a

offbeat1 month ago•25 min saved

Jersey Mike's tops Chick-fil-A in new customer-satisfaction rankings

Jersey Mike's has overtaken Chick-fil-A as the top-rated quick-service restaurant in the American Customer Satisfaction Index's 2026 Restaurant and Food Delivery Study, scoring 84 to Chick-fil-A's 83; Jersey Mike's was praised for freshness, variety and value and benefited from opening 238 new locations in 2025, while Chick-fil-A remains the leader in the chicken category.

via WKRC|

#acsi-restaurant-study-2026 #american-customer-satisfaction-index #chick-fil-a

business1 month ago•3 min saved

Jersey Mike’s overtakes Chick‑fil‑A to top 2026 ACSI quick‑service rankings

ACSI’s 2026 rankings crown Jersey Mike’s as the top quick-service restaurant, scoring 84 to Chick-fil-A’s 83 and ending Chick-fil-A’s 11-year reign. Jersey Mike’s growth (238 new locations, over $4.2B in sales) helped it edge out the leader as consumers seek consistency and value, with industry-wide gains in mobile app satisfaction amid a challenging 2025.

via USA Today|

#acsi #business #chick-fil-a

business1 month ago•5 min saved

Jersey Mike's Edges Chick-fil-A for First ACSI Lead in a Decade

Jersey Mike's topped the American Customer Satisfaction Index quick-service rankings with a score of 84, narrowly beating Chick-fil-A's 83 and marking the first new leader in the QSR category in more than a decade, based on 16,464 surveys from April 2025 to March 2026. The Jersey Mike's chain, with over 4,000 locations, was credited for strong customer satisfaction amid rapid growth and a model favoring throughput and off‑premise convenience, including digital pickup. Chick-fil-A remains the top chicken chain but dropped to second overall. Jimmy John's and Panda Express tied for third at 81; KFC, Papa John's and Pizza Hut followed at 80, with other chains ranking below.

via Fox News|

#acsi #business #chick-fil-a

business3 months ago•2 min saved

Jersey Mike's Set for IPO After Blackstone Takeover

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.

via CNBC|

#blackstone #business #charlie-morrison

food-and-drink1 year ago•4 min saved

Comparing Club Sandwiches: Which Chain Falls Short?

The author compared club sandwiches from Subway, Jimmy John's, and Jersey Mike's, finding Jersey Mike's impressive for its generous meat portions despite less fresh bread, and Jimmy John's notable for its excellent bread and fresh ingredients, though with excessive mayo. Subway's offering was disappointing due to small portions, making it the least favored option.

via Business Insider|

#food-and-drink #food-review #jersey-mikes

business1 year ago•2 min saved

Blackstone Acquires Jersey Mike's in $8 Billion Deal

Blackstone, a private equity firm, has agreed to purchase Jersey Mike's Subs for $8 billion, including its debts, with the deal expected to close in early 2025. Jersey Mike's, founded in 1956, has grown to nearly 3,000 locations and plans further expansion. Blackstone aims to help the chain grow domestically and internationally, with founder Peter Cancro retaining a significant stake and continuing as CEO. This acquisition follows another major sandwich chain deal, with Subway being bought by Roark Capital Group for $9.55 billion.

via The Takeout|

#acquisition #blackstone #business

business1 year ago•1 min saved

Blackstone Acquires Jersey Mike's Subs in $8B Deal

Jersey Mike's Subs has been acquired by Blackstone for approximately $8 billion, including debt, to support the chain's expansion and technological advancements. The deal, expected to close in early 2025, will see CEO Peter Cancro retain a significant equity stake and continue leading the company. Jersey Mike's, which has grown rapidly with over 3,000 locations, aims to further its growth with Blackstone's backing.

via Patch|

#acquisition #blackstone #business