Peter Cancro

Jersey Mike’s opened its first restaurant in the United Kingdom, located at 1-4 Argyll Street, W1F 7TA, in London.

Jersey Mike's opens its first UK restaurant in London, marking a significant milestone in its international growth trajectory with 300 locations planned across the UK and Ireland.

The sandwich giant is prioritizing transaction growth and average unit volume over price hikes to drive a projected 2.5 to 3 percent same-store sales increase.

The sandwich chain is shifting its marketing strategy toward digital channels and social media to attract younger consumers and increase transaction frequency.

Jersey Mike's valued at $6.9 billion after IPO with 3,227 locations

The sandwich giant's $1 billion IPO was significantly oversubscribed as the brand continues to outperform competitors like Subway and Jimmy John’s in sales growth.

The sandwich giant raised $1 billion in its New York Stock Exchange debut, though shares dipped 6% during the first day of trading.

The sandwich giant raised $1 billion in its public market debut, establishing an initial valuation of approximately $7.3 billion following its acquisition by Blackstone.

Jersey Mike's stock down nearly 6% on first trading day

The sandwich giant officially went public with a $7.3 billion valuation following its acquisition by Blackstone in early 2025.

- Fast Casual - Franchising - Finance - News Jersey Mike’s launches IPO, seeking to raise up to $1B The stock is expected to be listed on the New York Stock Exchange under the tick

Jersey Mike’s is preparing for what is expected to be one of the biggest initial public offerings the restaurant industry has seen.

On Thursday, just before the holiday weekend, the sandwich chain Jersey Mike’s filed its IPO documents, promising one of the biggest initial public offerings the restaurant industry has seen, certainly in terms of valuation.

The fast-casual sandwich giant has filed for a New York Stock Exchange listing following its recent acquisition by Blackstone and a change in leadership.

The fast-casual sandwich giant has filed for a $100 million initial public offering, marking a major transition following its acquisition by Blackstone.

Haven Hot Chicken gets guidance from Peter Cancro, former Jersey Mike's CEO.

This guide outlines crucial considerations for entrepreneurs looking to transition from a single business unit to a scalable franchise model.

- Franchising - Operations - Fast Casual - News Jersey Mike’s leases space for new headquarters The sandwich chain has moved to a more than 70,000 square feet in Tinton Falls, N.J.

A 25-unit Jersey Mike’s operator discusses scaling strategies, maintaining product quality, and the brand loyalty fostered by founder Peter Cancro.

Jersey Mike's files for IPO with potential $12 billion valuation

Jersey Mike's added 238 locations in 2025, reaching 3,227 US restaurants.

Tiger Global’s investment in PopUp Bagels at a $300 million valuation signals high investor confidence in the brand's rapid territory sales and reported unit volumes.

Just before the onset of the Covid-19 pandemic, Jersey Mike’s Subs Founder and CEO Peter Cancro stood in front of a group of franchise owners and announced an aggressive plan…

Jersey Mike’s is gearing up for a new wave of expansion, with CEO Charlie Morrison aiming to double the U.S. footprint over time while beginning a push into Europe.