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Jersey Mike's Heads to IPO | Spokane News
Jersey Mike’s, the iconic sub shop founded by 17-year-old Peter Cancro in 1975, is going public with a bold IPO aiming to raise over $1 billion and hit a $12 billion valuation — a massive leap for a sandwich chain that now boasts 3,300 locations across the U.S. and Canada. The move follows its $8 billion acquisition by Blackstone and comes as the IPO market surges back to life, with investors pouring over $100 billion into new public offerings this year. The sub giant will trade on the NYSE under the ticker “JMKE,” marking a historic climb from humble beginnings to Wall Street stardom. Listen…
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