Jersey Mike's Subs is set to list on the New York Stock Exchange on Thursday at a valuation of about $8 billion, according to 36Kr. The company and existing investors plan to sell up to $1.09 billion of stock in the offering, which would make it one of the largest U.S. restaurant IPOs in recent years. Blackstone bought a majority stake in Jersey Mike's Subs in early 2025 for about $6 billion and assumed related debt.