Sales turned positive after 3Q declines, execs say
After reporting a third-quarter loss, executives at Jamba Inc. predicted a “solid finish to a year of transformation,” saying in a call to analysts that sales turned positive at the tail end of the quarter and momentum is expected to continue into the fourth. Officials at the Emeryville, Calif.-based company also announced plans to move into Canada for the first time under a pending development agreement to open 125 units there over the next 10 years. They also highlighted ...
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Contact: Desiree Torres Desiree.Torres@penton.com