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MANASQUAN, N.J. - Jersey Mike’s Subs announced Tuesday the appointment of Fran Horowitz and Cheryl S. Miller to its Board of Directors, effective immediately.
Horowitz currently serves as Chief Executive Officer of Abercrombie & Fitch Co. (NYSE:ANF), a position she has held since 2017. She brings nearly four decades of experience in retail, merchandising, and global business strategy to the sandwich chain.
Miller previously served as Chief Executive Officer, President, and Chief Financial Officer at AutoNation. She currently holds board positions at Tyson Foods (NYSE:TSN), Old Dominion Freight Line (NASDAQ:ODFL), and Celsius Holdings, Inc. (NASDAQ:CELH), where she chairs the audit committee.
"Their leadership in global brand building and strategic advisory, along with their proven track records in driving performance, will be invaluable as we shape the next chapter of Jersey Mike’s expansion across the U.S. and beyond," said Charlie Morrison, Chief Executive Officer of Jersey Mike’s, in a press release statement.
Jersey Mike’s, founded in 1956 as Mike’s Subs, has grown to more than 3,000 locations in the U.S. and Canada. The company ranks #2 on Entrepreneur’s 2025 Franchise 500 and #6 on Yelp’s 2025 List of Fastest Growing Brands.
Nigel Travis, Lead Director of Jersey Mike’s Board of Directors and former Chairman and CEO of Dunkin’ Brands, said both new directors bring valuable expertise to support the company’s growth initiatives.
The fast-casual sandwich chain completed its 15th Annual Month of Giving in March 2025, raising $30 million for local charities.
In other recent news, Abercrombie & Fitch reported its financial results for the second quarter of 2025, showcasing a strong performance. The company exceeded market expectations with earnings per share of $2.32, surpassing the forecast of $2.27. Additionally, Abercrombie & Fitch’s net sales reached $1.2 billion, beating the anticipated $1.19 billion. Despite these positive earnings results, JPMorgan downgraded the company’s stock from overweight to neutral. Analyst Matthew Boss from JPMorgan expressed concerns about revenue performance at Abercrombie’s namesake brand, citing issues with conversion and average unit retail that overshadowed positive traffic growth. The price target was reduced from $145 to $103. These developments highlight a mixed outlook for Abercrombie & Fitch, with strong financial performance contrasted by analyst concerns.
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