Jamba Juice Company, a subsidiary of
), is planning a massive expansion in Mexico by launching 80
Jamba Juice units over the next 10 years. In this regard, Jamba
and Casa Operadora de Franquicias MAV S.A.P.I de C.V (MAV) has
struck a franchise development contract.
The company is slated to unveil the first Mexican Jamba Juice
store by the end of 2013. Management has chosen Mexico in order
to capture increasing opportunities in its growing beverage
market. This association will help the company further enhance
the number of its franchise stores.
At the end of 2012, Jamba owns 774 stores, of which 473 were
franchised and 301 Company-owned. In 2013, Jamba plans to set up
60 to 80 new stores in the international locations. Currently,
400 Jamba units are under development in South Korea, Canada, the
Philippines and Mexico.
Jamba has always remained focused on expansion and expects
accelerated growth in both core existing markets as well as new
geographic areas. In January, Jamba Juice announced its entry
into Missouri and Kansas markets in association with ShowMe
Smoothie, LLC. Per the deal, 15 Jamba Juice stores will be
launched over the next nine years.
Jamba reported a loss of 9 cents per share in the fourth
quarter of 2012; a penny better than the Zacks Consensus Estimate
and also ahead of the year-ago quarter's loss of 15 cents per
share. The company's growing operational efficiency was primarily
responsible for the bottom line improvement during the quarter.
Total revenues in the quarter remained almost flat year over year
at $44.2 million.
Jamba currently retains a Zacks Rank #3 (Hold). Another
Red Robin Gourmet Burgers Inc.
), adjusted earnings in the fourth quarter of 2012 were way ahead
of the Zacks Consensus Estimate as well as the year-ago quarter's
earnings. Red Robin Gourmet currently carries a Zacks Rank #1
Other restaurant companies like
Krispy Kreme Doughnuts, Inc.
Burger King Worldwide, Inc.
) both with a Zacks Rank #2 (Buy) are expected to perform
well going forward.
BURGER KING WWD (BKW): Free Stock Analysis
JAMBA INC (JMBA): Free Stock Analysis Report
KRISPY KREME (KKD): Free Stock Analysis
RED ROBIN GOURM (RRGB): Free Stock Analysis
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