Mr. Heyer continued, "The board thanks James for having assembled a talented senior level management team. The knowledge, skills and proven track records of our key executives will ensure that Jamba maintains its operational focus and continues the forward momentum of its refranchising efforts during the interim period. This leadership change will not impact our ongoing transition to an asset-light, franchise-focused model, and I am confident that we will continue making progress in our franchise program. The search committee is focused on recruiting an executive with extensive restaurant industry experience and a strong track record of flawless execution and financial performance to lead our team in creating extraordinary value for our customers, shareholders and employees."Jamba is also providing an update on the Company's estimated same-store sales for the third quarter. Jamba expects third quarter 2015 same store system-wide sales growth to be in the range of 4-5% and company owned same store sales growth to be in the range of 5-6%. More details will be given on the Company's third quarter 2015 earnings call to be held in early November. About Jamba, Inc. Jamba, Inc., owns and franchises Jamba Juice® stores through its wholly-owned subsidiary, Jamba Juice Company. Jamba Juice Company is a leading restaurant retailer of better-for-you, specialty beverage and food offerings, which include great tasting, whole fruit smoothies, fresh-squeezed juices and juice blends, hot teas and a variety of food items including, hot oatmeal, breakfast wraps, sandwiches, Artisan Flatbreads™, Energy Bowls™, baked goods and snacks. As of June 30, 2015, there were 875 store locations globally. There were 206 Company-owned and operated stores and 601 franchise-operated stores in the United States, and 68 franchise-operated international stores. Jamba Juice Company expanded the Jamba® brand by direct selling of consumer packaged goods ("CPG") and licensing its trademarks. CPG products for at-home enjoyment are also available online, through select retailers across the nation and in Jamba® outlets in the United States.
Fans of Jamba Juice® can find out more about Jamba Juice's locations as well as specific offerings and promotions by visiting the Jamba Juice website at www.jambajuice.com or by contacting Jamba's Guest Services team at 1-866-4R-FRUIT (473-7848).