Jamba, Inc. issued a business report on the company’s activities in the United States, including updated financial and operational data.
Jamba confirmed that the company’s growth in same store sales for fiscal 2011 will be within the previously stated range of 2% to 4%, with a strong likelihood that this growth will be towards the high end of that range. The company also expects to achieve same store sales growth between 3% and 4% in fiscal 2012.
Jamba plans to expand the company’s store base in fiscal 2012, and open between 50 and 65 new store locations. These new stores will be spread across the company’s domestic and international store base.
Jamba announced the expansion of a supply chain distribution alliance with SYGMA, a foodservice distribution company with national capabilities. The updated agreement expands the marketing coverage to include Colorado and Texas. SYGMA is a wholly owned subsidiary of Sysco Corporation (SYY).
Jamba owns Jamba Juice Company, a restaurant chain that markets healthy beverages and food items on both a retail and wholesale basis. The company has 750 locations in the United States and 19 International locations as of January 2012.
For more information on the company, go to www.jambajuice.com
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