Jersey Mike's Journey From the Shore to Wall Street

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Jersey Mike’s started as a small sub shop on the Jersey Shore when a 17-year-old stepped in with big ambitions. Along the way, the company grew to several thousand locations before private equity company Blackstone bought it for $8 billion and took it to Wall Street. But its IPO comes amid struggles in the restaurant industry. WSJ’s Heather Haddon and Mark Maurer on Jersey Mike’s origins and the hurdles it will have to jump through as a public company. Jessica Mendoza hosts.

Further Listening:

- Can Burger King Regain Its Crown?

- How Kraft Lost Its Mac and Cheese Crown

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Learn more about your ad choices. Visit megaphone.fm/adchoices

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Tickets for our live show in New York are on sale now! Get yours here.

Jersey Mike’s started as a small sub shop on the Jersey Shore when a 17-year-old stepped in with big ambitions. Along the way, the company grew to several thousand locations before private equity company Blackstone bought it for $8 billion and took it to Wall Street. But its IPO comes amid struggles in the restaurant industry. WSJ’s Heather Haddon and Mark Maurer on Jersey Mike’s origins and the hurdles it will have to jump through as a public company. Jessica Mendoza hosts.

Further Listening:

- Can Burger King Regain Its Crown?

- How Kraft Lost Its Mac and Cheese Crown

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices

2026-08-07 19 min
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