Jamba (JMBA) Misses Q4 EPS by 21c

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Jamba, Inc. Announces Preliminary Unaudited Fourth Quarter and Fiscal Year 2015 Financial Results

March 14, 2016 4:10 PM EDT

Completion of Refranchise Initiative Sets Up Asset Light Business Model For 2016

Strong System-Wide Comparable Store Sales Growth of 3.9% for the Fourth Quarter of 2015

Adjusted EBITDA Targets Met for Full Year 2015

EMERYVILLE, Calif.--(BUSINESS WIRE)-- Jamba, Inc. (NASDAQ: JMBA) today reported unaudited financial results for the fourth quarter and fiscal year ended December 29, 2015.

Financial Highlights

Company-owned comparable store sales increased 5.4% for the quarter. System-wide comparable sales(1) increased 3.9% and Franchise comparable store sales(1) increased 3.7% for the quarter.... More