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Jamba Juice blames 4Q loss on refranchising

Company’s refranchising effort is now complete

Jamba Inc. declared its franchising initiative complete with the refranchising of 179 company-owned locations in fiscal 2015.

The Emeryville, Calif.-based parent to the Jamba Juice brand said Monday that systemwide same-store sales rose 3.9 percent for the Dec. 29-ended fourth quarter, including a 3.7-percent increase at franchised units and a 5.4-percent jump at company locations.

Revenue for the quarter decreased more than 55 percent, to $19.5 million, in part becaus

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