Jamba Inc (JMBA.A) Key Developments | Reuters.com
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Jamba Inc (JMBA.A)

JMBA.A on American Stock Exchange

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24 Apr 2015
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Latest Key Developments (Source: Significant Developments)

Jamba Inc initiates FY 2016 guidance
Thursday, 5 May 2016 07:00am EDT 

Jamba Inc:Expects FY 2016 total revenues of $80-$82 million.Expects FY 2016 annual system-wide comparable sales growth of 1-3%.Expects FY 2016 non-GAAP adjusted EBITDA of $12.0-$13.0 million.  Full Article

Jamba Inc Hires David A. Pace as New Chief Executive Officer
Friday, 22 Jan 2016 07:10am EST 

Jamba Inc:Announced that David A. (Dave) Pace will be the company's next Chief Executive Officer.Pace succeeds James D. White.  Full Article

Jamba Inc to close some company stores, cut 104 jobs
Friday, 18 Dec 2015 05:27pm EST 

Jamba Inc:Made a decision to close certain underperforming and cash flow negative company stores in the Chicago and New York markets.Says co on December 17, 2015 notified approximately 104 employees who will be terminated as a result of the store closures.Says notified approximately 104 employees who will be terminated as a result of the store closures.Says company currently estimates it will incur a pre-tax restructuring charge in fiscal fourth quarter of approximately $96,000.  Full Article

Jamba Inc reaffirms FY 2015, 2016 System-wide Same Store Sales and EBITDA guidance
Monday, 9 Nov 2015 04:05pm EST 

Jamba Inc:Expects FY 2015 System-wide Same Store Sales of 2%-4%.Expects FY 2016 System-wide Same Store Sales of 2%-4%.Expects FY 2015 Non-GAAP Adjusted EBITDA of $10-$12 million.Expects FY 2016 Non-GAAP Adjusted EBITDA of $15-$20 million.FY 2015 EBITDA of $11 million - Thomson Reuters I/B/E/S.  Full Article

Jamba Inc announces executive leadership transition plan
Thursday, 1 Oct 2015 09:00am EDT 

Jamba Inc:Says that James D. White will be retiring as the company's president, chief executive officer and chairman of board.Says board has formed a search committee and hired The Elliott Group, an internationally recognized executive search firm, to identify a successor CEO, and White will remain in his current position to help oversee Jamba's operations until a successor has been identified.  Full Article

Jamba Inc comments on Q3 2015 same store sales guidance
Thursday, 1 Oct 2015 09:00am EDT 

Jamba Inc:Expects Q3 2015 same store system-wide sales growth to be in the range of 4-5% and company owned same store sales growth to be in the range of 5-6%.  Full Article

Jamba Inc increases share repurchase program to $45 million
Wednesday, 9 Sep 2015 08:30am EDT 

Jamba Inc:Announces that its board of directors increased its share repurchase authorization from $40 million to $45 million.  Full Article

Jamba Inc gives FY 2015, 2016 System-wide Same Store Sales guidance; gives FY 2015 EBITDA guidance below analysts' estimates; gives FY 2016 EBITDA guidance in line with analysts' estimates;
Thursday, 6 Aug 2015 04:07pm EDT 

Jamba Inc:Expects FY 2015 System-wide Same Store Sales of 2%-4%.Expects FY 2016 System-wide Same Store Sales of 2%-4%.Expects FY 2015 Non-GAAP Adjusted EBITDA of $10-$12 million.Expects FY 2016 Non-GAAP Adjusted EBITDA of $15-$20 million.FY 2015 EBITDA of $15 million - Thomson Reuters I/B/E/S.FY 2016 EBITDA of $17 million - Thomson Reuters I/B/E/S.  Full Article

Jamba Inc unit says completion of refranchise agreement with vitaligent for Sale of 73 Stores
Tuesday, 28 Jul 2015 04:01pm EDT 

Jamba Inc:Says jamba Juice announces completion of refranchise agreement with vitaligent, llc for sale of 73 stores in Sacramento and San Francisco markets.Says company expects to sell the remaining 27 company locations in the San Diego market by the end of 2015.Says under the terms of the agreement the company will receive $25 million in cash.  Full Article

Jamba Inc says master franchise development agreement with king of juices company ltd
Thursday, 9 Jul 2015 08:30am EDT 

Jamba Inc:To launch fourth market in Asia with new master franchise development agreement in Thailand.Agreement with king of juices company ltd to develop 30 Jamba juice stores in Thailand over the next ten years.Says first Jamba juice store in Thailand is expected to open in late 2015.  Full Article