WASHINGTON (dpa-AFX) - Jamba, Inc. (JMBA) said it lifted its guidance for company-owned comparable store sales and adjusted operating profit for fiscal year 2012.
At present, the company expects that company-owned comparable store sales for fiscal year 2012 will be in the range of 4-6%, compared to the previously guided range of 3-4%. Jamba also increased its guidance for adjusted operating profit margin for the year to between 20-23% from the range of 19-22% expected earlier.
James White, chairman, president and CEO of Jamba, stated, 'After a strong first quarter and continued momentum into the second quarter we are raising our guidance for same store sales and adjusted operating profit for the remainder of the year. Our Blend Plan 2.0 strategic priorities continue to guide us as we focus on making Jamba a top-of-mind healthy food and beverage brand. Our new fresh squeezed juice blends along with increased attachment, the deepening of nutritional expertise available to our consumers and systems to improve productivity in our stores are all contributing to our success.'
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