Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Analyze the various operating expenses as percentages of gross profit for Jamba Juice in the last five years. Should Jamba Juice try to increase the
Analyze the various operating expenses as percentages of gross profit for Jamba Juice in the last five years. Should Jamba Juice try to increase the price of its products? What operating expenses are hurting Jamba Juice the most? Suggest possible turnaround actions the company should take.
JAMBA, INC. CONSOLIDATED BALANCE SHEETS December 29, 2016 7,099 55,997 December 29, 2015 8,990 64,625 December 30, 2011 9,544 75.744 (Dollars in thousands, except share and per share amounts) Deterred rent and other long-term liabilities Total liabilities Commitments and contingencies (Notes 8 and 17) Stockholders' equity: Common stock, $.001 par value, 30,000,000 shares authorized; 17,938,820 and 17,478,616 shares issued, respectively Additional paid-in capital Treasury shares, at cost, 1,948,004 and 910,813, respectively Accumulated deficit Total equity attributable to Jamba, Inc. Noncontrolling interest Total stockholders' equity Total liabilities and stockholders' equity 16 401,346 (35,749) (362,843) 2,770 403,605 (40,009) (358,623) 4,991 396,629 (11,991) (368,041) 16,614 131 16,745 $ 92,489 2,770 $58,767 4,991 $69,616 (Dollars in thousands, except share and per share amounts) December 29, 2016 December 29, 2015 December 30, 2014 Revenue: Company stores $134,285 $198,737 19,311 Franchise and other revenue $137,025 24,651 161,676 23,739 158,024 218,048 Tolal revenue Costs and operating expenses (income): Cost of sales Labor 33,737 52,236 30,586 41,484 44,732 18,951 61,749 27,630 Occupancy 16,855 22,882 25,152 33,089 5,925 10,084 37,278 Store operating Depreciation and amortization General and administrative Gain on disposal of assets Store pre-opening Impairment of long-lived assets Store lease termination and closure Other operating, net 36,347 (2,785) 924 345 6,569 36,872 (21,609) 1,031 2,523 1,669 (2,957) 763 175 575 726 221,348 1,283 1,143 154,989 Total costs, operating expenses, and gain 1,795 151,422 10,254 Income (loss) from operations 3.035 (3,300) Other income (expense): Interest income 137 74 Interest expense Total other expense net 140 (235) 1951 (220) 183) (195) (121)Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started