Jamba, Inc. (JMBA: Quote), the owner of Jamba Juice Company Wednesday backed its 2012 guidance including the guidance for positive comparable store sales between 4 and 6 percent. The company also unveiled its “BLEND” Plan 3.0, that lists the strategic priorities and initiatives for 2013.
Commenting on the development, “Jamba performed very well in 2012 against our BLEND Plan 2.0 strategic priorities that accelerated our growth as a healthy, active lifestyle brand through product and menu innovation, engaging marketing programs, strong retail growth in the U.S. and globally, new formats and store concepts, expansion of our consumer products platform, and an ongoing pursuit of new ways to reduce cost and improve productivity,” said James White, CEO of Jamba Juice Company.
Looking ahead, Jamba said it expects to achieve positive company-owned comparable store sales anywhere between 4 and 6 percent and positive income from operations of 2.5 to 3 percent in fiscal 2013.
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by RTT Staff Writer
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