Jersey Mike's Reports Fiscal Q3 Results; Launches $100 Million Buyback; Declares Special Dividend

09:03 AM EDT, 10/28/2026 (MT Newswires) -- Jersey Mike's Subs (JMKE) reported fiscal Q3 adjusted earnings Wednesday of $0.23 per diluted share. Year-earlier comparisons were not available. Revenue for the quarter ended Sept. 27 was $209 million, compared with $190 million a year earlier. Analysts surveyed by FactSet expected $208.5 million. The fast-casual restaurant chain also approved a stock buyback program of up to $100 million and declared a special cash dividend of $0.35 per share. The dividend will be payable Nov. 19 to shareholders of record Nov. 5. Shares of Jersey Mike's were down 2.8% pre-bell.