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-2.62233177741409E-05 -0.000209786542193426 -0.00110137934651496 -0.00309435149735146 -0.00708029579902461 -0.00469397388157555 -0.00301568154402904 -0.00414118634289614
Stock impact report

Jersey Mike's files confidentially with SEC for IPO [Yahoo! Finance]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Yahoo! Finance
In a statement, the company said it has not yet set the price range or the number of shares it plans to offer. According to Bloomberg , Morgan Stanley, JPMorgan Chase, and Jefferies Financial Group are advising on the deal, with a third-quarter listing on the table. People familiar with the matter told Bloomberg the company has set its sights on a valuation exceeding $12 billion and aims to bring in upward of $1 billion through the offering, though both figures remain subject to change. Blackstone acquired a majority stake in Jersey Mike's early last year for about $8 billion including debt. The chain has more than 3,000 locations and is the second-largest hoagie sandwich chain in the U.S., trailing only Subway. Franchise disclosure documents show the chain brought in $309.8 million in revenue last year, a 10.6% increase over 2024, while net income fell to $183.6 million from $238.8 million the year before. Once the acquisition was finalized, Charlie Morrison — who spent ten Show less Read more
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