Jamba, Inc. (JMBA) Reports In-Line Q1 EPS, Reaffirms Guidance

Jamba, Inc. (NASDAQ: JMBA) reported Q1 EPS of ($0.01), in-line with the analyst estimate of ($0.01). Revenue for the quarter came in at $51.6 million versus the consensus estimate of $53.1 million.

Jamba, Inc. reaffirmed FY2014 guidance.

Outlook for 2014

The Company continues to expect to achieve the following results for fiscal 2014:

Positive Company-owned comparable store sales(1) of 2.0% - 4.0% ;
Store-level margin of 18.0% - 19.0%;
Operating margin of 2.0% - 3.0%;
60 - 80 new U.S. and international store locations;
Up to 1,000 new JambaGO installations.

For earnings history and earnings-related data on Jamba, Inc. (JMBA) click here.

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