News

Jamba turnaround not without challenges

April 16, 2008

The Wall Street Journal:JambaInc.'s journey to simplify "healthy living" could be a lumpy ride.Competition in fruit-and-dairy drinks is intensifying companies such asMcDonald'sCorp. enter the fray. Jamba's largest market, California, also is struggling economically.

The company lost $113.3 million last year, and is now slowing expansion plans. Management is predicting same-store sales this year of minus 2 percent to plus 2 percent.