More on Krispy Kreme's (KKD) FQ1: The upbeat tone management struck during last quarter's CC...

|About: Krispy Kreme Doughnuts, Inc. (KKD)|By:, SA News Editor

More on Krispy Kreme's (KKD) FQ1: The upbeat tone management struck during last quarter's CC ("great" February traffic counts, 9% comps growth in week 5) plays out well, as revenues, operating income, and adjusted net income rise 11.2%, 40%, and 37% respectively in FQ1. Same-store sales growth comes in at 11.4%. CEO James Morgan calls the performance "exceptional," and raises FY14 EPS guidance to $0.59-0.63/share versus consensus of $0.58. Shares +10% AH. (PR)