Jamba Juice’s expansion of its fresh-squeezed juice platform boosted second-quarter same-store sales, though parent company Jamba Inc. reported flat net income and a revenue decline as a result of an ongoing refranchising effort.
The new juice platform was introduced to 376 units during the quarter, bringing the total number of units offering the program to 508.
The Emeryville, Calif.-based smoothie chain finished the July 1-ended quarter with 857 units, including 258 company owned and 551 franchised locations.
2Q NET INCOME
—— Result: $6.4 million or 36 cents per shareFlat (from $6.4 million, or 36 cents per share a year ago)
2Q REVENUE
Result: $64.2 million% Decrease: 5.4% (from $67.8 million a year ago)
2Q SAME-STORE SALES
% Increase systemwide: 2.2%
% Increase at company-owned units: 2.5%
% Increase at franchised units: 2.0%
Source: Company report
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