Course Project
WK 2: Horizontal Analysis
(I) Descriptions:
Jamba, Inc. Jamba Juice Company is a restaurant retailer headquartered in Emeryville, California with over seven hundred and fifty locations, and operating in twenty-six states; plus the Bahamas, Canada, Philippines, and South Korea (Jamba Juice). There are approximately three hundred and seven company-owned locations and four hundred and forty-three franchise-operated stores, in addition to over nineteen international locations (Jamba Juice). Jamba Juice was conceived and founded in April 1990, an exact year before I was born, by Kirk Perron an avid cyclist and healthy lifestyle advocate, who opened his first store in San Luis Obispo, California (Jamba Juice). He was later joined in the business by three friends Joe Vergara, Kevin Peters, and Linda Ozawa Olds (Jamba Juice. While the company has been on the decline, as I will discuss in this analysis, Jamba, Inc. completed a thirty-five million dollar convertible preferred stock transaction, which is all theirs in June of 2016 (Jamba Juice). Jamba, Inc., through its subsidiary, Jamba Juice Company, owns, operates, and franchises Jamba Juice stores. Its restaurants offer whole fruit smoothies, squeezed juices, hot oat meals, breakfast wraps, bistro sandwiches and mini-wraps, California Flatbreads, frozen yogurt, and various baked goods and snacks. While they are in the food industry, their top competitor is Starbucks.
Starbucks Corp. Starbucks is an American global coffee company and coffeehouse chain based in Seattle, Washington. Starbucks is the largest coffeehouse company in the world, with 20,891 stores in 62 countries, including 13,279 in the United States, 1,324 in Canada, 989 in Japan, 851 in China, 806 in the United Kingdom, 556 in South Korea, 377 in Mexico, 291 in Taiwan, 206 in the Philippines, 179 in Turkey, 171 in Thailand, and 167 in Germany (Starbucks Corp). They are also in the food industry, but they are the
Citations: White, J. (February, 2013). Wikinvest. Jamba Juice. Retieved on July 23rd, 2013 from http://www.wikinvest.com/stock/Jamba_%28JMBA%29 (October, 2009)