Market Overview

Jamba Raises 2012 Same-Store Sales Forecast; Shares Surge In Pre-Market Trading

Share:
Related JMBA
Jamba Reports Plans to Further Accelerate Refranchising, Movement to Asset-Light Model
UPDATE: Wedbush Securities Assumes Coverage On Jamba On Favorable Outlook

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.

Posted-In: Same-Store Sales ForecastNews Guidance Retail Sales

 

Related Articles (JMBA)

Around the Web, We're Loving...