Jamba Comps Up, Misses EPS Estimates

Jamba, Inc. JMBA issued its Q2 earnings report.

The juice maker reported Q2 adjusted EPS $0.09 versus consensus expectations of $0.19. Sales fell to $21.5 million versus expectations of $22.65 million. The board also approved a new $20 million buyback.

System-wide comparable same-store sales were 4.2 percent versus a prior decrease of 3.9 percent.

CEO David Pace said, "Our 4.2% system-wide comp sales, outpaced the industry by 550 basis points against the Knapp Track Fast Casual benchmark and we are especially pleased with our Company store comparable sales growth of 5.7%."

Shares of Jamba closed Thursday's regular session down $0.03 or 0.28 percent to $10.78.