Jamba (JMBA) Raises FY12 Comps, Margin Guidance
Tweet Send to a FriendGet Alerts JMBA Hot Sheet
Price: $2.83 -0.35%
Revenue Growth %: +4.0%
Financial Fact:
Other operating, net: 619K
Today's EPS Names:
LBIX, ESEA, ISS, More
Revenue Growth %: +4.0%
Financial Fact:
Other operating, net: 619K
Today's EPS Names:
LBIX, ESEA, ISS, More
Trade JMBA Now!
Jamba (Nasdaq: JMBA) is now looking for FY12 same-store sales to increase 4-6 percent, up from a previously-issued 3-4 percent increase. Adjusted operating profit margin is expected to be up 20-23 percent, better than the prior 19-22 percent increase.
"After a strong first quarter and continued momentum into the second quarter we are raising our guidance for same store sales and adjusted operating profit for the remainder of the year,” said James D. White, Chairman, President and CEO of Jamba, Inc. “Our Blend Plan 2.0 strategic priorities continue to guide us as we focus on making Jamba a top-of-mind healthy food and beverage brand. Our new fresh squeezed juice blends along with increased attachment, the deepening of nutritional expertise available to our consumers and systems to improve productivity in our stores are all contributing to our success."
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
"After a strong first quarter and continued momentum into the second quarter we are raising our guidance for same store sales and adjusted operating profit for the remainder of the year,” said James D. White, Chairman, President and CEO of Jamba, Inc. “Our Blend Plan 2.0 strategic priorities continue to guide us as we focus on making Jamba a top-of-mind healthy food and beverage brand. Our new fresh squeezed juice blends along with increased attachment, the deepening of nutritional expertise available to our consumers and systems to improve productivity in our stores are all contributing to our success."
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Wal-mart (WMT) Posts Q1 EPS of $1.14; U.S. Comps Down 1.4%; Guides Q2 EPS
- Hollsys (HOLI) Tops Q3 EPS by 1c; Lowers FY13 Outlook
- Macy's (M) Posts Q1 EPS of 55c; Comps Up 3.8%; Boosts Dividend 25%, Raises Buyback
Create E-mail Alert Related Categories
Guidance, Retail Sales
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
