Jamba, Inc. Announces Increased Net Income For Fiscal Year 2013

Jamba, Inc. reported unaudited financial results for the fourth quarter and fiscal year ended Dec. 31, 2013. Highlights for the 52 weeks ended Dec. 31, 2013, compared to the 52 weeks ended Jan. 1, 2013 include net income improved by $1.8 million to $2.1 million compared to a net income of $0.3 million for the prior year. The company-owned comparable store sales increased 0.5 percent for the year compared to the prior year while total revenue for the year increased 0.2 percent. Highlights for the 13 weeks ended Dec. 31, 2013,compared to the 13 weeks ended Jan. 1, 2013 include an improved net loss by $1.2 million to $5.7 million compared to a net loss of $6.9 million for the prior year period. Full report.