New-unit economics remain intact
Jersey Mike’s indicates that rapid unit expansion has not diluted its store-level economics, with newer openings outperforming the prior-year cohort on AUVs. This supports continued development appetite where restaurant concepts can preserve returns during expansion.
Importantly, we continue to grow without sacrificing unit economics. System AUVs were approximately $1.4 million. Cash-on-cash returns remain above 40%, and our 2026 openings are generating higher AUVs than our 2025 openings through the same point last year.
Who it touches
- JMKEbullish
Management said new openings are producing higher AUVs and cash-on-cash returns remain above 40%.
About this signal
- Company
- Jersey Mike's Subs Inc.
- Category
- operations
- Call
- Q2 2026