$JMBA Ups Guidance

Jamba raises FY12 comp guidance to +4-6% from +3-4%; raises operating margin guidance  (1.86)

Co has raised its guidance for co-owned comparable store sales and adjusted operating profit for fiscal year 2012. The co now expects that co-owned comparable store sales for fiscal year 2012 will be in the range of 4-6%, compared to the previously guided range of 3-4%. The co is also increasing its guidance for adjusted operating profit margin for fiscal year 2012 to between 20-23% from the previously guided range of 19-22%. The co maintains its fiscal year 2012 guidance for the following: Develop 40-50 U.S. locations, plus 10-15 new stores at international locations, all excluding JambaGo units; Maintain general and administrative expenses flat, in dollars with fiscal 2011, excluding performance compensation; Deliver CPG licensing revenue of ~$3 million.