Key Developments: Jamba Inc (JMBA.A)
20 Dec 2013
Latest Key Developments (Source: Significant Developments)
Jamba, Inc. announced that it is affirming its guidance for fiscal 2012 and expects to deliver positive comparable store sales in the 3% to 4% range. Full Article
Jamba, Inc. announced that for fiscal 2012, it expect comp store sales growth of 3% to 4%. Full Article
Jamba, Inc. announced that the Company has entered into $6.0 million credit agreement with Wells Fargo Bank, National Association. The credit agreement with Wells Fargo Bank expires on January 31, 2013 and speaks to the growing financial strength of the Company as momentum builds on its transformation efforts. Full Article
Jamba, Inc. reiterated fiscal year 2011 guidance and announced that it expects Company's comparable store sales will be at the high-end of the Company's previously announced guidance range of positive 2%-4%. For fiscal 2012, it expects to deliver positive Company owned comparable store sales of 3%-4%. Full Article
- Smoothie store operator Jamba Inc warned of a 3.4 percent fall in comparable-store sales in the current quarter, mainly due to a slowdown in consumer spending, sending its shares down 9 percent in after-market trading.