EMERYVILLE Calif. Jamba Inc. blamed tightened consumer spending for a drop in second quarter same-store sales at its Jamba Juice chain. Systemwide same-store sales fell 6.8 percent, which reflected decreases of 7.3 percent at company stores and 5.1 percent at franchised locations, Jamba said.According to preliminary results, revenue for the second quarter ended July 15 rose 10 percent year-over-year, to $98.6 million for the 736-unit chain.Jamba said it would focus on value and ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!