* Q1 loss/shr $0.13 vs est loss/shr $0.07
* Shares down 8 pct after the bell
May 26 Jamba Inc (JMBA.O) posted a
wider-than-expected quarterly loss, hurt by a fall in the
number of company-owned stores, sending the smoothie chain's
shares down 8 percent in extended trade.
The company, which owns and franchises the Jamba Juice
stores, posted a first-quarter net loss of $5.3 million, or 13
cents a share, compared with $10.2 million, or 19 cents a
share, a year ago.
Revenue fell 9.5 percent to $80.4 million.
Two analysts on average were expecting a loss of 7 cents a
share, on revenue of $81.3 million, according to Thomson
In June last year, Jamba had announced an initiative, which
is expected to result in the refranchising of up to 150
company-owned restaurant locations.
Shares of the company were down at $2.42 after the bell.
They closed at $2.64 Wednesday on Nasdaq.
(Reporting by Mihir Dalal in Bangalore; Editing by Maju