EMERYVILLE Calif. Jamba Inc., the parent of 749 corporate or franchised Jamba Juice outlets, said Monday that continued same-store sales declines and restaurant impairment charges slurped away a year-ago profit for the third quarter and led to a net loss of $12.4 million. The struggling smoothie chain posted a same-store sales drop of 10.3 percent at corporate locations for the quarter ended Oct. 7. Jamba operates 520 Jamba Juice outlets, the majority of which are based in California, ...
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Contact: Desiree Torres Desiree.Torres@penton.com