{
  "id": 4166059,
  "title": "Jim Cramer Said He Thinks Jersey Mike’s Subs Inc. (NASDAQ:JMKE)’s Shares Will Go Up “Substantially”",
  "url": "https://urgent.news/2026/08/28/jim-cramer-said-he-thinks-jersey-mikes-subs-inc-nasdaq-jmke-s-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T09:14:39.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/jim-cramer-said-thinks-jersey-091439424.html"
  },
  "original_language": "en",
  "account": "Jim Cramer recently expressed his belief that Jersey Mike's Subs Inc. (NASDAQ:JMKE) shares will rise significantly. This message came after the stock experienced a 3% increase since its IPO in July. The company operates as a fast casual fast food chain, specializing in submarine sandwiches. The optimism stemmed from Cramer's conversation with Jersey Mike's CEO Charlie Morrison.\n\nCramer praised Morrison's approach to franchising, emphasizing the company's unique model and Morrison's emphasis on quality control. Morrison reportedly rejected potential franchisees lacking experience, ensuring only those with a proven track record would be supported. This focus on quality has contributed to Jersey Mike's strong performance and high customer satisfaction ranking.\n\nDespite the company's strong financials, with $724 million in revenue and a 3% same-store sales growth, its valuation remains a concern. Traded at a 36.68 enterprise value to EBITDA ratio, this is significantly higher than its peers like Yum Brands (18.40) and McDonald's (16.15). Additionally, the company raised $1 billion in its IPO, which has been directed towards debt servicing, leaving little room for navigating inflationary challenges.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}