This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Jamba Juice And Professional Football Player Vernon Davis Enter Store Development Agreement As Part Of Company’s Enhanced California Expansion Plan

Jamba Juice Company (NASDAQ: JMBA) and professional football player Vernon Davis announced today the signing of a store development agreement that will enhance the brand’s presence in the extended Santa Clara marketplace over the next two years. The partnership provides a platform for a long-term relationship in which Mr. Davis plans to open two new Jamba Juice® stores in the Santa Clara area over the next two years, with an option to open two more new Jamba Juice stores in the same area over the following two years. As part of the new partnership, Mr. Davis has purchased one of Jamba’s existing stores in Santa Clara, and he is currently finalizing plans for its Grand Opening under his new ownership.

Jamba’s and Mr. Davis’s mutual goals in establishing this partnership are to leverage the strength of their respective brands to promote health and wellness in the Santa Clara area and to work together to help promote lifestyle changes for those seeking better dietary solutions. In addition, the expansion of Jamba stores in this marketplace will help promote economic development and provide job opportunities for local residents.

"Playing football in California, I have become a huge fan of Jamba Juice products and the Company’s mission to help inspire and simplify healthy living," said Vernon Davis, athlete and entrepreneur. "I am very proud to be associated with a brand that is so committed to helping consumers keep fit and eat healthy. Jamba offers a great line-up of good-tasting, better-for-you products and they have a long history of supporting the community, and especially in addressing the health and wellness needs of children, which is very important to me."

"Vernon is an outstanding athlete and role model, one who serves as an inspiration for those seeking to achieve high levels of success in their personal or professional lives. He is committed to enabling people to lead healthier, more active lifestyles and to supporting the community," stated James D. White, chairman, president and CEO, Jamba Juice. "Vernon has brought the same level of commitment to this business partnership that he brings to his game, and we are excited to have him join Jamba in making healthier, better-for-you products available to everyone."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs