Jersey Mike's Subs (JMKE)
Market Price (9/21/2026): $19.55 | Market Cap: $-Sector: Consumer Discretionary | Industry: Restaurants
Jersey Mike's Subs (JMKE)
Market Price (9/21/2026): $19.55Market Cap: $-Sector: Consumer DiscretionaryIndustry: Restaurants
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Weak multi-year price returns2Y Excs Rtn is -45%, 3Y Excs Rtn is -81% | Key risksJMKE key risks include [1] its heavy reliance on the operational and financial stability of its vast franchisee network, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -45%, 3Y Excs Rtn is -81% |
| Key risksJMKE key risks include [1] its heavy reliance on the operational and financial stability of its vast franchisee network, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Jersey Mike's Subs (JMKE) stock has lost about 10% since it went public on 7/30/2026 because of the following key factors:
1. IPO Overvaluation Amidst Weak Market for New Listings in the Sector.
Jersey Mike's Subs (JMKE) debuted on the NYSE on July 30, 2026, with its initial public offering priced at $23.00 per share, valuing the company near $8 billion. This occurred during a period identified as the weakest listing year for the U.S. consumer/retail sector in a decade, suggesting that the initial valuation might have been aggressive given the broader market environment for new equity offerings. The stock's subsequent decline, reaching approximately $20.10 by September 18, 2026, represents a correction from its initial IPO price, indicating that investors may have re-evaluated the company's valuation post-listing.
2. Significant Insider Selling Following the IPO.
A substantial amount of insider selling shortly after the IPO contributed to selling pressure on JMKE's stock. Affiliates of Blackstone, a major pre-IPO holder, sold 2,572,560 Class A shares at $21.85 per share on August 25, 2026, as part of an IPO over-allotment option, totaling approximately $56.2 million. Additionally, the Abu Dhabi Investment Authority, a 10% owner, executed a sale of 382,134 shares valued at approximately $8.3 million on the same date. Cumulatively, insiders reported net sales of $1.5 billion over the trailing six months, indicating a notable exit by significant shareholders that can negatively impact market sentiment and stock performance.
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Jersey Mike's Subs (JMKE) stock has lost about 10% since it went public on 7/30/2026 because of the following key factors:
1. IPO Overvaluation Amidst Weak Market for New Listings in the Sector.
Jersey Mike's Subs (JMKE) debuted on the NYSE on July 30, 2026, with its initial public offering priced at $23.00 per share, valuing the company near $8 billion. This occurred during a period identified as the weakest listing year for the U.S. consumer/retail sector in a decade, suggesting that the initial valuation might have been aggressive given the broader market environment for new equity offerings. The stock's subsequent decline, reaching approximately $20.10 by September 18, 2026, represents a correction from its initial IPO price, indicating that investors may have re-evaluated the company's valuation post-listing.
2. Significant Insider Selling Following the IPO.
A substantial amount of insider selling shortly after the IPO contributed to selling pressure on JMKE's stock. Affiliates of Blackstone, a major pre-IPO holder, sold 2,572,560 Class A shares at $21.85 per share on August 25, 2026, as part of an IPO over-allotment option, totaling approximately $56.2 million. Additionally, the Abu Dhabi Investment Authority, a 10% owner, executed a sale of 382,134 shares valued at approximately $8.3 million on the same date. Cumulatively, insiders reported net sales of $1.5 billion over the trailing six months, indicating a notable exit by significant shareholders that can negatively impact market sentiment and stock performance.
3. Profitability Concerns and High Debt Load Revealed in First Public Earnings.
Jersey Mike's first public earnings report for fiscal Q2 2026, which ended June 30, 2026, highlighted profitability pressures despite revenue growth. The company reported a 10% year-over-year increase in revenue to $208 million, but net income declined by 37% to $37 million, attributed to non-routine expenses, advertising fund timing, and higher interest expenses. Furthermore, the company carries a significant net debt of $1.5 billion, resulting in a 4.4x leverage ratio. This high debt, coupled with declining net income, likely raised concerns among investors regarding future earnings potential and the cost of debt servicing, contributing to the stock's underperformance.
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Stock Movement Drivers
Fundamental Drivers
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Market Drivers
5/31/2026 to 9/20/2026| Return | Correlation | |
|---|---|---|
| JMKE | ||
| Market (SPY) | 0.9% | 16.0% |
| Sector (XLY) | -8.1% | 39.7% |
Fundamental Drivers
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Market Drivers
2/28/2026 to 9/20/2026| Return | Correlation | |
|---|---|---|
| JMKE | ||
| Market (SPY) | 11.6% | 16.0% |
| Sector (XLY) | -4.8% | 39.7% |
Fundamental Drivers
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Market Drivers
8/31/2025 to 9/20/2026| Return | Correlation | |
|---|---|---|
| JMKE | ||
| Market (SPY) | 19.4% | 16.0% |
| Sector (XLY) | -3.6% | 39.7% |
Fundamental Drivers
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Market Drivers
8/31/2023 to 9/20/2026| Return | Correlation | |
|---|---|---|
| JMKE | ||
| Market (SPY) | 75.6% | 16.0% |
| Sector (XLY) | 33.0% | 39.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| JMKE Return | - | - | - | - | - | -7% | -7% |
| Peers Return | 11% | -13% | 36% | 18% | -13% | -6% | 27% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 103% |
Monthly Win Rates [3] | |||||||
| JMKE Win Rate | - | - | - | - | - | 33% | |
| Peers Win Rate | 48% | 42% | 57% | 50% | 42% | 53% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 44% | |
Max Drawdowns [4] | |||||||
| JMKE Max Drawdown | - | - | - | - | - | - | |
| Peers Max Drawdown | -22% | -33% | -21% | -23% | -30% | -27% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: CMG, SHAK, MCD, SBUX, QSR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/18/2026 (YTD)
How Low Can It Go
JMKE has limited trading history. Below is the Consumer Discretionary sector ETF (XLY) in its place.
| Event | XLY | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -21.8% | -18.8% |
| % Gain to Breakeven | 27.9% | 23.1% |
| Time to Breakeven | 105 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -11.2% | -7.8% |
| % Gain to Breakeven | 12.6% | 8.5% |
| Time to Breakeven | 37 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -13.6% | -9.5% |
| % Gain to Breakeven | 15.8% | 10.5% |
| Time to Breakeven | 42 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -35.9% | -24.5% |
| % Gain to Breakeven | 56.0% | 32.4% |
| Time to Breakeven | 874 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -33.9% | -33.7% |
| % Gain to Breakeven | 51.3% | 50.9% |
| Time to Breakeven | 82 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -19.6% | -19.2% |
| % Gain to Breakeven | 24.4% | 23.8% |
| Time to Breakeven | 98 days | 105 days |
In The Past
State Street Consumer Discretionary Select Sector SPDR ETF's stock fell -21.8% during the 2025 US Tariff Shock. Such a loss loss requires a 27.9% gain to breakeven.
Preserve Wealth
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Asset Allocation
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JMKE has limited trading history. Below is the Consumer Discretionary sector ETF (XLY) in its place.
| Event | XLY | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -21.8% | -18.8% |
| % Gain to Breakeven | 27.9% | 23.1% |
| Time to Breakeven | 105 days | 79 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -35.9% | -24.5% |
| % Gain to Breakeven | 56.0% | 32.4% |
| Time to Breakeven | 874 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -33.9% | -33.7% |
| % Gain to Breakeven | 51.3% | 50.9% |
| Time to Breakeven | 82 days | 140 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -51.0% | -53.4% |
| % Gain to Breakeven | 104.3% | 114.4% |
| Time to Breakeven | 372 days | 1085 days |
In The Past
State Street Consumer Discretionary Select Sector SPDR ETF's stock fell -21.8% during the 2025 US Tariff Shock. Such a loss loss requires a 27.9% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Jersey Mike's Subs (JMKE)
Jersey Mike's Subs (JMKE) is a high-growth franchisor in the fast-casual restaurant segment, specializing in submarine-style sandwiches. Operating an asset-light model, the company grants franchises for its restaurants, which are now present in all 50 U.S. states and two countries. With over 3,300 stores and a robust development pipeline, Jersey Mike's has established itself as one of the largest and fastest-growing limited-service restaurant brands based on U.S. systemwide sales and unit growth.
The company's core product is authentic, hand-crafted sub sandwiches, distinguished by high-quality, hand-sliced ingredients that are served fresh or grilled to order. Each sub is often finished "Mike's Way," featuring fresh onions, crisp lettuce, juicy tomatoes, and a signature blend of red wine vinegar and oil. Jersey Mike's provides its franchisees with a comprehensive operating platform, including marketing, digital capabilities, supply chain efficiencies, proprietary technology, and instructional support, all designed to enhance store-level margins and customer experience.
Jersey Mike's caters to a deeply loyal and engaged customer base, attracted by its premium product and consistent quality. Concurrently, it serves a primary market of franchise owners by offering an attractive investment opportunity, evidenced by strong cash-on-cash returns and a substantial development pipeline predominantly driven by existing franchisees. This model highlights the durability and appeal of its business within the competitive fast-casual dining sector, positioning the company for sustained expansion.
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Here are 1-3 brief analogies for Jersey Mike's Subs (JMKE):
- The Chipotle of sandwich shops.
- The Five Guys of sub sandwiches.
- A rapidly growing franchisor like Domino's, but for premium sub sandwiches.
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The major products and services of Jersey Mike's Subs (JMKE) are:
- Submarine Sandwiches: Authentic, hand-crafted, craveable subs specializing in high-quality, hand-sliced ingredients served fresh or grilled to order.
- Franchise Opportunities and Support: A comprehensive business model, brand, and operational platform offered to independent owners for operating Jersey Mike's restaurants, including marketing, supply chain, and proprietary technology.
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The provided background information indicates that nearly all of Jersey Mike's 3,300 stores are franchised, and over 90% of its robust development pipeline of over 1,600 stores is being undertaken by existing franchise owners. While these franchise owners are indeed other companies, the background description does not provide the specific names of these individual or corporate franchise entities, nor are they typically disclosed for large franchisors with numerous independent operators. Therefore, it is not possible to list specific customer company names or their symbols.
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Charles R. Morrison, Chief Executive Officer and Director
Charles R. Morrison has served as Chief Executive Officer and a member of the board since April 2025. Prior to joining Jersey Mike's, he was CEO of Salad and Go from April 2022 to December 2024. Before that, he served as Chairman and CEO of Wingstop Restaurants, Inc. (NASDAQ: WING) from June 2012 until March 2022. Additionally, he was CEO of Rave Restaurant Group, Inc. (NASDAQ: RAVE), a publicly traded pizza chain, from January 2007 until June 2012. Morrison's appointment at Jersey Mike's followed the acquisition of a majority stake in the company by private equity firm Blackstone in November 2024.
Michele Allen, Chief Financial Officer
Michele Allen was appointed Chief Financial Officer, effective December 1, 2025, and oversees the Company's global finance organization, supply chain, and enterprise performance management. She brings over 25 years of financial leadership experience in the hospitality and franchising sectors. Most recently, Allen served as Chief Financial Officer and Head of Strategy at Wyndham Hotels & Resorts.
Stacy Peterson, President and Chief Operating Officer
Stacy Peterson has served as President and Chief Operating Officer since September 2025. Before joining Jersey Mike's, she was the CEO of Jeni's Splendid Ice Creams, LLC from December 2022 to August 2025. Prior to that, Peterson held executive roles at Wingstop, including Executive Vice President, Chief Revenue and Technology Officer, and Executive Vice President, Chief Digital and Technology Officer.
Andrew G. Skehan, President, International and Global Development Officer
Andrew G. Skehan assumed the role of President, International and Global Development Officer in February 2026, having previously served as President, International from November 2025 to February 2026. His prior experience includes serving as President and CEO of Home Franchise Concepts from September 2022 to July 2025, and as President, U.S. & Canada at Krispy Kreme, Inc. (NASDAQ: DNUT) from November 2017 to September 2022. He also held various leadership positions at Popeyes Louisiana Kitchen, Inc., Wendy's, Churchill Downs Incorporated, and PepsiCo Restaurants.
Betsy J. Mercado, Chief People Officer
Betsy J. Mercado has served as Chief People Officer since September 2025. Before joining Jersey Mike's, she was the Chief People Officer at Flynn Group from January 2024 to September 2025, and held leadership positions of increasing responsibility at Flynn Group from March 2014 to January 2024. Previously, she served as Vice President of Human Resources for The Palm Restaurants.
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Here are the key risks to Jersey Mike's Subs (JMKE):
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Dependence on Franchisee Performance and Relationships
Jersey Mike's operates primarily through a franchised model, with nearly all of its 3,300 stores and over 90% of its development pipeline being undertaken by existing franchise owners. This heavy reliance on franchisees means that the company's success is significantly tied to the performance, adherence to brand standards, and financial health of these independent operators. Risks include potential for disputes, brand reputation damage if franchisees fail to maintain quality or customer service, and limited direct control over daily operations. Ensuring consistent quality and customer experience across a large, growing, and primarily franchised network is crucial for maintaining brand loyalty and avoiding negative financial consequences from inconsistent experiences or food safety incidents.
-
Intense Competition and Shifting Consumer Preferences
As a fast-casual, submarine-style sandwich restaurant, Jersey Mike's operates in a highly competitive segment of the restaurant industry. The fast-casual market faces pressure from both value grocers and casual dining chains, which can impact traffic. Maintaining market share and growth requires continuous differentiation and adaptation to evolving consumer preferences, which can include demand for healthier options or different dining experiences. The ability to attract and retain customers amidst numerous established and emerging competitors is an ongoing challenge that can affect market share and pricing power.
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Supply Chain Disruptions and Ingredient Cost Volatility
Jersey Mike's emphasizes its commitment to "high-quality, hand-sliced ingredients." This focus makes the company susceptible to fluctuations in commodity prices for key inputs like meats, produce, dairy, grains, and oils. Disruptions in the supply chain due to factors such as geopolitical instability, extreme weather events, labor shortages, or transportation bottlenecks can lead to inconsistent ingredient availability, increased costs, and potential impacts on food quality or menu stability. Managing these supply chain complexities and ensuring the continuous availability and consistent quality of ingredients at scale are vital to protect profitability and maintain customer expectations.
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The addressable market for Jersey Mike's Subs' main products, submarine-style sandwiches, in the U.S. is approximately $43.01 billion for 2026. This market size is derived from the U.S. Sandwich & Sub Restaurants market, which was valued at $42.0 billion in 2025 and experienced a Compound Annual Growth Rate (CAGR) of 2.4% between 2020 and 2025.
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Expected drivers of future revenue growth for Jersey Mike's Subs (JMKE) over the next 2-3 years include:
- Expansion of Store Footprint: Jersey Mike's has a robust development pipeline of over 1,600 stores as of June 30, 2026, with over 90% of this expansion being undertaken by existing franchise owners. This significant planned unit growth will directly contribute to increased systemwide sales and revenue.
- Enhanced Customer Acquisition and Frequency: The company's robust marketing engine combined with growing digital capabilities is designed to accelerate customer acquisition and deepen customer frequency. By attracting new customers and encouraging existing customers to visit more often, Jersey Mike's aims to increase its transaction volume and overall revenue.
- Leveraging Brand Strength and Product Quality: Jersey Mike's has spent 70 years perfecting its authentic sub sandwich and cultivating a deeply loyal, passionately-engaged customer base. The strength of its brand and the quality of its product are expected to continue driving consistent sales, fostering organic growth, and reinforcing customer retention, which in turn supports sustained revenue generation.
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Peer Outperformance in Restaurants
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Education Services | 14 | -17.9% | 77.7% | 73.5% | LINC 317% · PRDO 233% · CVSA 232% |
| Homebuilding | 18 | -12.1% | 31.0% | 49.1% | GRBK 198% · PHM 161% · TOL 134% |
| Specialty Stores | 7 | 2.1% | 42.3% | 10.5% | SIG 35% · FIVE 26% · ASO 18% |
| Home Improvement Retail | 5 | -25.9% | -3.0% | 1.9% | HVT 14% · LOW 3% · HD 2% |
| Hotels, Resorts & Cruise Lines | 22 | 11.4% | 46.9% | 1.2% | RCL 207% · MAR 149% · HLT 143% |
| Automotive Retail | 18 | -20.6% | -2.8% | 0.9% | MUSA 237% · PAG 149% · ORLY 109% |
| Distributors | 4 | -12.0% | -25.6% | -11.8% | ARMK 162% · GPC 22% · LKQ -46% |
| Home Furnishings | 4 | -6.3% | 21.5% | -13.8% | SGI 38% · LZB 2% · MHK -30% |
| Specialized Consumer Services | 10 | -16.9% | 17.6% | -18.3% | HRB 109% · FTDR 76% · SCI 39% |
| Footwear | 9 | 52.2% | 45.9% | -19.8% | WEYS 161% · SHOO 16% · DECK 11% |
| Restaurants ← | 35 | -15.0% | -17.9% | -20.2% | EAT 308% · CAKE 151% · RAVE 146% |
| Leisure Products | 13 | -24.9% | -21.7% | -34.7% | GOLF 74% · HAS 15% · MCFT -17% |
| Leisure Facilities | 11 | -0.2% | 0.1% | -37.1% | OSW 130% · JAKK 121% · ESCA 29% |
| Apparel, Accessories & Luxury Goods | 27 | -13.2% | 2.9% | -37.2% | TPR 240% · RL 236% · ELA 204% |
| Automotive Parts & Equipment | 38 | -15.3% | -15.4% | -40.0% | MOD 1623% · GTX 304% · STRT 87% |
| Casinos & Gaming | 20 | -13.6% | -28.3% | -41.9% | MCRI 114% · RRR 37% · BYD 27% |
| Household Appliances | 18 | -7.0% | 12.7% | -43.4% | FLXS 170% · KEQU 159% · HBB 132% |
| Apparel Retail | 25 | -8.9% | 10.2% | -44.4% | ANF 260% · URBN 134% · ROST 110% |
| Computer & Electronics Retail | 3 | -13.2% | 33.0% | -52.3% | BBY 10% · GME -52% · UPBD -63% |
| Broadline Retail | 15 | -1.2% | 14.3% | -56.8% | DDS 310% · EBAY 69% · AMZN 52% |
| Automobile Manufacturers | 8 | -78.7% | -51.2% | -71.9% | GM 74% · TSLA 48% · F 41% |
| Consumer Electronics | 11 | -14.1% | -17.2% | -75.4% | AXIL 2829% · GRMN 83% · MSN -57% |
| Other Specialty Retail | 18 | -37.2% | -46.6% | -78.4% | TLF 114% · BBW 72% · WINA 57% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 63.88 |
| Mkt Cap | 42.7 |
| Rev LTM | 12,424 |
| Op Inc LTM | 2,615 |
| FCF LTM | 1,632 |
| FCF 3Y Avg | 1,445 |
| CFO LTM | 2,328 |
| CFO 3Y Avg | 2,099 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.5% |
| Rev Chg 3Y Avg | 10.2% |
| Rev Chg Q | 4.6% |
| QoQ Delta Rev Chg LTM | 1.1% |
| Op Inc Chg LTM | 5.3% |
| Op Inc Chg 3Y Avg | 7.8% |
| Op Mgn LTM | 15.4% |
| Op Mgn 3Y Avg | 16.7% |
| QoQ Delta Op Mgn LTM | -0.2% |
| CFO/Rev LTM | 18.7% |
| CFO/Rev 3Y Avg | 18.1% |
| FCF/Rev LTM | 12.6% |
| FCF/Rev 3Y Avg | 12.5% |
Price Behavior
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.84 | -0.02 | 0.67 | -0.81 | -1.06 | 0.87 |
| Up Beta | -1.36 | 0.08 | 1.99 | 0.61 | 2.62 | -2.61 |
| Down Beta | -0.32 | -3.35 | -1.42 | -2.00 | -1.55 | -0.77 |
| Up Capture | 123% | 109% | 63% | 24% | 11% | 1% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 8 | 9 | 9 | 9 | 9 | 9 |
| Down Capture | 375% | 144% | 77% | 45% | 28% | 15% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 13 | 13 | 13 | 13 | 13 | 13 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with JMKE | |
|---|---|---|---|---|
| JMKE | -9.5% | 55.0% | -1.12 | - |
| Sector ETF (XLY) | -7.6% | 19.5% | -0.53 | 39.7% |
| Equity (SPY) | 16.9% | 12.9% | 0.94 | 16.0% |
| Gold (GLD) | 19.1% | 29.3% | 0.60 | 15.6% |
| Commodities (DBC) | 46.3% | 20.6% | 1.73 | -2.3% |
| Real Estate (VNQ) | 4.9% | 13.6% | 0.10 | 8.2% |
| Bitcoin (BTCUSD) | -30.6% | 44.3% | -0.70 | 13.8% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with JMKE | |
|---|---|---|---|---|
| JMKE | -2.0% | 55.0% | -1.12 | - |
| Sector ETF (XLY) | 4.8% | 24.1% | 0.16 | 39.7% |
| Equity (SPY) | 12.9% | 17.2% | 0.57 | 16.0% |
| Gold (GLD) | 19.1% | 18.8% | 0.83 | 15.6% |
| Commodities (DBC) | 11.2% | 19.5% | 0.45 | -2.3% |
| Real Estate (VNQ) | 1.1% | 18.8% | -0.05 | 8.2% |
| Bitcoin (BTCUSD) | 12.5% | 52.5% | 0.42 | 13.8% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with JMKE | |
|---|---|---|---|---|
| JMKE | -1.0% | 55.0% | -1.12 | - |
| Sector ETF (XLY) | 11.8% | 22.2% | 0.49 | 39.7% |
| Equity (SPY) | 15.1% | 18.0% | 0.72 | 16.0% |
| Gold (GLD) | 12.1% | 16.4% | 0.61 | 15.6% |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | -2.3% |
| Real Estate (VNQ) | 4.4% | 20.7% | 0.18 | 8.2% |
| Bitcoin (BTCUSD) | 62.6% | 66.2% | 1.02 | 13.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 9/18/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 9/9/2026 | 7.4% | -0.3% | |
| SUMMARY STATS | |||
| # Positive | 1 | 0 | 0 |
| # Negative | 0 | 1 | 0 |
| Median Positive | 7.4% | ||
| Median Negative | -0.3% | ||
| Max Positive | 7.4% | ||
| Max Negative | -0.3% | ||
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 9/9/2026 | 7.4% | -0.3% | |
| SUMMARY STATS | |||
| # Positive | 1 | 0 | 0 |
| # Negative | 0 | 1 | 0 |
| Median Positive | 7.4% | ||
| Median Negative | -0.3% | ||
| Max Positive | 7.4% | ||
| Max Negative | -0.3% | ||
Insider Activity
Updated 9/17/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Submarine, Buyer Llc | See Footnotes | Sell | 8262026 | 21.85 | 2,572,560 | 56,210,436 | 3,139,823 | Form | |
| 2 | Blackstone, Holdings II LP | See Footnotes | Sell | 8262026 | 21.85 | 2,572,560 | 56,210,436 | 3,139,823 | Form | |
| 3 | Submarine, Buyer Llc | See Footnotes | Sell | 8042026 | 21.85 | 29,695,652 | 648,849,996 | 3,139,823 | Form | |
| 4 | Blackstone, Holdings II LP | See Footnotes | Sell | 8042026 | 21.85 | 29,695,652 | 648,849,996 | 3,139,823 | Form | |
| 5 | Mercado, Betsy | Chief People Officer | Direct | Buy | 8042026 | 23.00 | 800 | 18,400 | 18,400 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Submarine, Buyer Llc | See Footnotes | Sell | 8262026 | 21.85 | 2,572,560 | 56,210,436 | 3,139,823 | Form | |
| 2 | Blackstone, Holdings II LP | See Footnotes | Sell | 8262026 | 21.85 | 2,572,560 | 56,210,436 | 3,139,823 | Form | |
| 3 | Submarine, Buyer Llc | See Footnotes | Sell | 8042026 | 21.85 | 29,695,652 | 648,849,996 | 3,139,823 | Form | |
| 4 | Blackstone, Holdings II LP | See Footnotes | Sell | 8042026 | 21.85 | 29,695,652 | 648,849,996 | 3,139,823 | Form | |
| 5 | Mercado, Betsy | Chief People Officer | Direct | Buy | 8042026 | 23.00 | 800 | 18,400 | 18,400 | Form |
| 6 | Mercado, Betsy | Chief People Officer | Significant Other | Buy | 8042026 | 23.00 | 3,265 | 75,095 | 75,095 | Form |
| 7 | Whalen, James J | Chief Accounting Officer | Direct | Buy | 8042026 | 23.00 | 2,500 | 57,500 | 57,500 | Form |
| 8 | Travis, Nigel | Son | Buy | 8042026 | 23.00 | 650 | 14,950 | 14,950 | Form | |
| 9 | Travis, Nigel | Daughter | Buy | 8042026 | 23.00 | 434 | 9,982 | 9,982 | Form | |
| 10 | Skehan, Andrew G | See Remarks | Direct | Buy | 8042026 | 23.00 | 10,000 | 230,000 | 230,000 | Form |
| 11 | Peterson, Stacy | President and COO | Direct | Buy | 8042026 | 23.00 | 15,000 | 345,000 | 345,000 | Form |
| 12 | Allen, Michele | Chief Financial Officer | Direct | Buy | 8042026 | 23.00 | 10,000 | 230,000 | 230,989 | Form |
| 13 | Allen, Michele | Chief Financial Officer | Son | Buy | 8042026 | 23.00 | 1,500 | 34,500 | 34,500 | Form |
| 14 | Allen, Michele | Chief Financial Officer | Daughter | Buy | 8042026 | 23.00 | 1,500 | 34,500 | 34,500 | Form |
| 15 | Abu, Dhabi Investment Authority | See Explanation | Sell | 8042026 | 21.85 | 4,411,064 | 96,381,748 | 789,096,843 | Form |
Industry Resources
| Consumer Discretionary Resources |
| Retail Dive |
| Business of Fashion (BoF) |
| WWD (Women's Wear Daily) |
| National Retail Federation (NRF) |
| McKinsey & Company - Consumer |
| Mintel Consumer Trends |
| Restaurants Resources |
| Nation's Restaurant News |
| Restaurant Business |
| QSR Magazine |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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