Jamba falls on light growth outlook

|By:, SA News Editor

Shares of Jamba (JMBA -6.9%) fall after the company narrowed its loss for Q1, but only managed a system-wide gain of 0.3% for same-store sales.

The outlook for 2014 is for comp sales growth of 2% to 4% and and operating margin of 2% to 3%.

The company sees adding 60 to 80 new stores and up to a thousand JambaGO machines.