Jersey Mike’s files for IPO

In this photo illustration, a Jersey Mike’s cup is displayed outside of Jersey Mike’s restaurant on April 21, 2026 in Los Angeles, California. Justin Sullivan | Getty Images Sandwich chain Jersey Mike’s filed for an initial public offering on Thursday, reporting that its same-store sales cumulatively climbed 50% from 2020 through 2025. Jersey Mike’s plans…

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Demand for steak isn’t falling

As Americans prepare to fire up their grills for the Fourth of July, they’re facing some of the highest beef prices on record. Yet despite the sticker shock, demand for beef and steak are holding up. Beef prices have surged after the U.S. cattle herd shrank to its smallest size in decades following years of…

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