Jersey Mike’s Q3 Same-store sales +3%, Systemwide Sales +11% Y/Y
Same-store sales increased 3.0%, primarily driven by transaction growthOpened 80 new stores, driving net store growth of 8.8% year over yearSystemwide sales increased 11% year over year to $1.204 billionTotal revenue
Jersey Mike's sold more sandwiches at existing stores and opened many new ones. When a restaurant chain grows both ways at once, it shows people like the brand and the company is doing things right.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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