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Shares of Krispy Kreme Doughnuts (KKD +5.9%) rally off of the company's Q2 earnings surprise and...
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Thursday, August 23, 2012, 1:18 PM ETShares of Krispy Kreme Doughnuts (KKD +5.9%) rally off of the company's Q2 earnings surprise and minor boost in profit guidance. A healthy 5.4% gain in comparable-store sales was the headliner of the report, while moderating expenses also helped to lift results. On an earnings CC (transcript), execs note that concerns over commodity inflation has prompted the firm to already purchase flour and shortening for the first half of next year.
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