Similar Stories to Jimmy John’s Jimmy John Decides Against Taking Sandwich Chain Public on Bing News

Chris Morran, The Consumerist
Tue, 12/01/2015 - 10:53am

With more than 2,000 sandwich-slinging stores across the country raking in some $2 billion a year in sales, Illinois-based Jimmy John’s seems like the perfect business to take public. But Jimmy John himself has decided against trying to cash in with an initial public offering. CEO, founder, and majority owner Jimmy John Liautaud tells Bloomberg that he had been considering going public for the last couple of years, but ultimately opted to keep things private for now. He likens the years of prep to making an entire Thanksgiving dinner and then tossing it in the trash “right before I was going to serve it.” In recent months, the company, which would have gone public with an estimated value of around $2 billion, had been putting together meetings about an IPO.

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BING NEWS:
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    Comedian and late-night host Jimmy Kimmel will host a conversation with President Biden and former President Obama in June to raise money to beat former President Trump, per a recent report.
    05/21/2024 - 1:18 am | View Link
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  • Jimmy John’s Unveils New Firecracker Wrap
    Jimmy John’s is officially taking the chips out of the bag and adding them to their menu as a main ingredient. Introducing the new Firecracker Wrap, an eye-catching wrap that is bursting with flavor ...
    05/20/2024 - 5:00 am | View Link
  • Jimmy Carter ‘enjoying peanut butter ice cream’ in hospice care, ally says
    Former President Jimmy Carter hasn’t seen any “significant change” in his health, despite his grandson warning again this week that the 99-year-old’s life was “coming to the end ...
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