Earnings Call Excerpt
Jamba, Inc. (JMBA)
Q3 2008 Earnings Call
November 17, 2008 5:00 pm ET
Executives
Steven R. Berrard – President and Interim Chief Executive Officer
Karen L. Luey - Chief Financial Officer
Paul Coletta - Senior Vice President, Marketing and Brand Development of Jamba Juice
Greg Schwartz - Senior Vice President, Supply Chain
Analysts
Scott Maltz – Private Investor
Tom Schwartz - TAG
Burt McKay – BBS Capital Management
David Lavonski – Private Investor
George Furlough - Furlough Company
Ben Weinstein – [Murdah] Capital
Mitch Schiff - Private Investor
Presentation
Operator
Welcome to the Jamba’s third quarter 2008 earnings conference call. (Operator Instructions) I would now like to turn the conference over to the President and Interim CEO, Mr. Steve Berrard.
Steven R. Berrard
Thank you and good afternoon. Karen Luey, our Chief Financial Officer; Paul Coletta, our Chief Marketing and Brand officer; Thibault de Chatellus, our Senior Vice President of Global Franchise and Development; Steve Adkins, our Senior Vice President of Store Operations; Michael Fox, our Senior Vice President of HR, Administration, and General Counsel; and Greg Schwartz, our Senior Vice President of Supply Chain, will be joining me on the call.
During the today’s call we will discuss Jamba’s third quarter results, provide an update relative to some of the actions we discussed last quarter to improve Jamba’s performance.
I would like remind all listeners that this call is being broadcast and recorded live over the internet at www.jambajuice.com. The web cast is available on our web site and replay will be available via telephone until December 1, 2008.
This conference call will include forward-looking statements within the meanings of the securities law. These forward-looking statements will include projections, expectations of restaurant comparative sales trends, the number of stores we intend to open, and certain statements of our expectations and plans. These forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially from the forward-looking statements that are contained in the company’s filings with the SEC including, the risk factor section of Jamba’s 2007 10-K.
With that said I will hand it over to Karen who will give you an overview of our financial results for the third quarter.
Karen L. Luey
First of all, our comments on the results will be brief, but all detailed information can be found in our 10-Q filed with the SEC later today as well as today’s press release.
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