Jersey Mike's strikes European expansion deal led by founder Peter Cancro [CNBC]
Wingstop Inc. (WING)
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Source: CNBC
Leading the charge is the brand's founder and board chair, Peter Cancro, via his company JM Submarines UK LTD. The deal calls for 400 stores to be opened in the U.K. and Ireland, and will be the first in a series of plans for future international growth. Jersey Mike's Subs is taking its signature sandwiches overseas with its first European expansion set for this year, the company said Monday. Leading the push is the brand's founder and board chair, Peter Cancro, via his company, JM Submarines UK LTD. The deal between Jersey Mike's and Cancro's entity calls for 400 stores to be opened in the U.K. and Ireland, and it will be the first in a series of plans for future international growth. The privately owned Jersey Mike's was acquired for a reported $8 billion by Blackstone in late 2024 “All consumers, not only here in the U.S. but around the world, are looking for a great value, but they want quality. They want authenticity,” Jersey Mike's CEO Charlie Morrison told CNBC in an
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News
- Wingstop (WING) Valuation Check As Shares Rebound And Narrative Points To Potential Undervaluation [Yahoo! Finance]Yahoo! Finance
- Jersey Mike's founder Peter Cancro to franchise the brand in Europe [Yahoo! Finance]Yahoo! Finance
- Wingstop (NASDAQ:WING) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=WING&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a>MarketBeat
- TEREMANA® TEQUILA PARTNERS WITH WINGSTOP TO CELEBRATE FANS OF FLAVOR THIS POSTSEASON [Yahoo! Finance]Yahoo! Finance
- Wingstop (NASDAQ:WING) was given a new $310.00 price target on by analysts at Mizuho.MarketBeat
WING
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- 11/4/25 - Beat
WING
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- 11/26/25 - Form 4
- 11/25/25 - Form 144
- 11/4/25 - Form 10-Q
- WING's page on the SEC website