Jamba, Inc., through its wholly-owned subsidiary, Jamba Juice Company, owns and franchises Jamba Juice stores. The company offers whole fruit smoothies, fresh squeezed juices and juice blends, hot teas, and various food items, including hot oatmeal, breakfast wraps, sandwiches, Artisan Flatbreads, baked goods, and snacks in its restaurants. The company expanded the Jamba brand by direct selling of consumer packaged goods (CPG) products and licensing its trademarks to CPG products sold through retail channels, such as grocery stores, warehouse clubs, and convenience stores. As of December 31, 2013, there were 851 Jamba Juice stores worldwide, including 268 company-owned and operated stores and 535 franchise-operated stores in the United States; and 48 franchise-operated stores in international locations. During 2013, the company continued its strategic partnership with the United States Department of Labor Job Employment and Training Administrations, which operates the Corps Advanced Culinary Program through which the company provides internship-based learning opportunities for students, while benefitting from the students’ contribution of culinary knowledge and expertise. In 2013, the company introduced various products, such as: Jamba Kids Meal: A line of delicious and nutritious meal options primarily designed to support a kid’s healthy lifestyle. The meal is customizable and includes a choice of any Jamba Juice Kids Smoothie along with a wholesome food pairing for on-the-go kids. Fruit and Veggie Smoothies, Featuring the company’s new Tropical Harvest Smoothie: A line of four smoothies made with a combination of fruits and vegetables, with two servings of fruit and one serving of vegetables in every blended-to-order smoothie. Included in its line of Fruit and Vegetable Smoothies is the company’s Tropical Harvest, a combination of mangos, peaches, and passion mango juice blended with juices from butternut squash, sweet potato, and carrot. Kona Berry Blast Smoothie and Bowl: A line of products made with the coffee fruit, the part of the coffee plant surrounding the coffee bean. The Kona Berry Blast was first made available in 2013 in a smoothie and a bowl format and delivered natural energy powered by real whole fruit and sustainably sourced coffee fruit juice. This line is available for a limited time during the summer. Expanded Fresh Juice: A line of products built upon the company’s major fresh ingredients, such as kale, beet, pineapple, ginger, lemon, apple, and cucumber. These handcrafted juices are packed with vitamins, nutrients, and micronutrients, and provide approximately two servings of fruits and/or vegetables in a delicious juice blend, which speaks to consumers’ needs for a way to increase their intake of both fruits and vegetables. Artisan Flatbreads: The company reformulated its California Flatbreads and re-launched the platform as Artisan Flatbreads in 2013. Artisan flatbreads are available in Four Cheese and Sweet ‘n Spicy Chicken flavors. Wellness Bowls: The company converted its line of Fruit & Yogurt Parfaits to Wellness Bowls to keep its product offerings fresh and trend-forward. Fresh Greek yogurt is served in a bowl with real whole fruit, and soymilk, topped with organic granola and fresh bananas. Government Regulation and Environmental Matters The company and its franchisees are required to comply with the accessibility standards mandated by the U.S. Americans with Disabilities Act, which prohibits discrimination in accommodation or employment based on disability. It is subject to the U.S. Fair Labor Standards Act, the U.S. Immigration Reform and Control Act of 1986, and various federal and state laws governing various matters, including minimum wages, overtime meal and rest periods, accommodations to certain employees, and other working conditions. Trademarks and Domain Names The company’s trademarks include Jamba Juice and the Jamba logo. In addition, the company has registered and maintains various Internet domain names, including jamba.com and jambajuice.com. Seasonality The company’s business is subject to day-to-day volatility based on weather and varies by season. A portion of the company’s revenue is realized during the second and third quarters of the fiscal year (year ending December 2013), which include the summer months. The fourth quarter of the fiscal year, which includes the winter months and the holiday season, has traditionally been its lowest revenue volume quarter. History Jamba, Inc. was founded in 1990.
jamba inc (JMBA:NASDAQ GM)
6475 Christie Avenue
Emeryville, CA 94608
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