EMERYVILLE Calif. Jamba Inc. on Thursday posted wider losses for its first quarter as its smoothie chain continued to struggle with falling sales. Also on Thursday, Jamba said it had launched a refranchising plan that is expected to result in the sale of up to 150 company-owned Jamba Juice locations, mostly outside the brand’s core market of California.For the quarter ended April 21, Jamba reported a net loss of $10.2 million, or 19 cents a share, compared with a loss of $6.4 ...
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!
Questions about your account or how to access content?