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Jamba Inc (JMBA.OQ)

JMBA.OQ on NASDAQ Stock Exchange Global Market

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Latest Key Developments (Source: Significant Developments)

Jamba reports Q4 same store sales fell 2.5 pct
Monday, 20 Mar 2017 07:00am EDT 

Jamba Inc : Provides fiscal year 2016 update and 2017 outlook . Q4 same store sales fell 2.5 percent . For Q4 of 2016, company-owned comparable store sales decreased 2.5 percent . Company expects to record unusual cash and non-cash charges of approximately $13 million to $14 million in q4 of 2016 . Sees 2017 total revenue $75 to $77 million . Sees 2017 annual system-wide comparable sales flat to slightly positive . Sees 2017 non-GAAP adjusted ebitda $13 million to $15 million . Sees 2017 new store openings of 65 to 75 new stores . Sees revised 2016 total revenue to meet or exceed expectations . Sees revised 2016 non-GAAP adjusted EBITDA to meet or exceed $10.5 million .Company currently does not expect to file its form 10-k on or before April 4, 2017.  Full Article

Jamba inc and units entered into a credit agreement
Friday, 4 Nov 2016 06:14am EDT 

Jamba Inc : Jamba inc says on Nov 3, 2016, co and units entered into a credit agreement . Jamba says pursuant to credit agreement, lender will provide for a revolving line of credit to Jamba Juice for up to ten million dollars . Sees fy 2016 total revenue about $78 million . Sees fy 2016 non-GAAP adjusted EBITDA approximately $10.5 million . Jamba says credit facility also allows co to request additional $5 million, for aggregate principal amount of up to $15 million being available under credit agreement . Sees fy 2017 total revenue $78 - $80 million . Qtrly total revenue decreased 37.9% to $22.1 million from $35.5 million for prior year . Sees fy 2017 non-GAAP adjusted EBITDA margin approximately 19% . Qtrly loss per share $0.13 . Qtrly non-GAAP adjusted net income $0.12 per share .Q3 earnings per share view $0.14, revenue view $21.9 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-Jamba CEO Pace buys 7,500 shares of co's common stock
Monday, 22 Aug 2016 11:04am EDT 

Corrects to "CEO" from "CDO" in headline.Jamba Inc :Jamba Inc - CEO David Pace reports open market purchase of 7,500 shares of co's common stock on Aug 19 at $11.47 per share - sec filing.  Full Article

Jamba Inc. Q2 GAAP loss per share $0.16
Thursday, 4 Aug 2016 04:15pm EDT 

Jamba Inc : Q2 adjusted non-GAAP earnings per share $0.09 . Q2 revenue $21.5 million versus I/B/E/S view $22.6 million . Q2 earnings per share view $0.19 -- Thomson Reuters I/B/E/S . Jamba, Inc. announces second quarter 2016 financial results . Q2 GAAP loss per share $0.16 . Q2 same store sales rose 5.7 percent .Sees fy total revenues of $80-$82 million.  Full Article

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 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 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

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BRIEF-Jamba files for non-timely 10-K

* Does not anticipate filing the form 10-K within the fifteen-day period provided by rule 12b-25