Jamba Raises 2012 Same-Store Sales Forecast; Shares Surge In Pre-Market Trading
Jamba Inc (NASDAQ: JMBA) lifted its 2012 same-store sales forecast.
Jamba projects 2012 same-store sales of 4% to 6%, versus its prior view of 3% to 4%. The company expects adjusted operating profit margin of 20% to 23%, versus its previous forecast of 19% to 22%.
Jamba shares jumped 13.44% to $2.11 in pre-market trading.
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