Jamba (JMBA) Misses Q2 EPS by 1c

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Jamba, Inc. Announces Second Quarter 2015 Financial Results

August 6, 2015 4:07 PM EDT

Refranchising Agreements Accelerate Move to Asset-Light Model

G&A Cost Reductions Continue

$40 million Share Repurchase Program Continues

Provides 2016 and Long-term Outlook

EMERYVILLE, Calif.--(BUSINESS WIRE)-- Jamba, Inc. (NASDAQ: JMBA) today reported unaudited financial results for the second fiscal quarter ended June 30, 2015. The Company advanced its priority to transform Jamba to an asset-light model, moving forward with domestic refranchising agreements and signing master partnership franchise agreements for two new international markets. During the quarter, Jambas... More