Jersey Mike's Subs Expected to Report 'Solid' Q3 Sales Trends, UBS Securities Says

11:43 AM EDT, 10/16/2026 (MT Newswires) -- Jersey Mike's Subs (JMKE) is expected to report "solid" sales trends in Q3, led by transaction growth, UBS Securities said in a Thursday note. The company is scheduled to report its Q3 financial results on Oct. 28. Analysts said investors will likely focus on the company's sales trends in Q3 and into Q4, and look for updates on key initiatives to support topline momentum, including potential menu innovation and marketing. UBS estimates Jersey Mike's Q3 same store sales growth at 3.5%, in line with consensus expectations, and Q4 same store sales growth at 3.8%. The brokerage said the company's brand positioning should support growth over the coming years despite macro uncertainty. UBS Securities maintained a buy rating and a $28 price target on the stock. Price: 18.42, Change: +0.10, Percent Change: +0.53