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Krispy Kreme Doughnuts, Inc. (KKD)

  • Aug. 7, 2013, 2:44 PM
  • Jul. 15, 2013, 3:15 PM
    Buy the donuts, but pass on Krispy Kreme (KKD +0.8%), writes Dimitra Defotis in Barron's. After more than tripling in the past year, the stock trades at 32x earnings and this morning announced a $50M buyback plan (vs. $20B completed in 2012), but perhaps the cash might be better put to work growing the business as this multiple leaves little room for error.
  • Jul. 15, 2013, 7:55 AM
    Krispy Kreme's (KKD) board approves $50M in buybacks effective immediately, reflecting "financial strength [and] outstanding free cash flow generation," in the words of CEO James Morgan. The company has also refinanced its secured credit facilities which should generate $1M in interest expense savings in the next year. (PR)
  • Jul. 3, 2013, 8:03 AM
    A move by the Obama administration to delay until 2015 a requirement that businesses with more than 50 employees provide health care insurance bodes well for the restaurant industry. The sector was expected to be amongst the hardest hit by the legislation due to its high employee-to-sales ratio. Restaurant operators breathing easier: CAKE, CBRL, CMG, DNKN, DPZ, DRI, EAT, JACK, MCD, PNRA, RRGB, RT, SONC, WEN, BWLD, THI, BDL, NATH, [BKW, PZZA, TXRH, DENN, KKD, BBRG, DFRG, BOBE, RUTH, IRG, DIN, BKW
  • Jul. 2, 2013, 9:24 AM
    Krispy Kreme (KKD) announces that its franchise partner in Mexico has opened its 100th location in Cancun with an outlet that will feature its new international style. What's next: Global growth is still on track for the company with new development agreements in place in Moscow, Taiwan, and Singapore.
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  • Jun. 24, 2013, 2:04 PM
    Restaurant franchisees are hiring more and it could have more to do with the Affordable Care Act than actual demand, according to analysts. Under the fine print of the health care reform bill, a business can avoid paying health care insurance if their employees on average work less than 30 hours a week. Is an army of part-time workers about to invade the restaurant business (CAKE, CBRL, CMG, DNKN, DPZ, DRI, EAT, JACK, MCD, PNRA, RRGB, RT, SONC, WEN, BWLD, THI, BDL, NATH, BKW, PZZA, TXRH, DENN, KKD, BBRG, DFRG, BOBE, RUTH, IRG, DIN) to help allay ACA costs?
  • Jun. 18, 2013, 2:09 PM
    Sweet! Longbow raises its price target on shares of Krispy Kreme (KKD +4.2%) to $23 from $20, representing a 35% upside from Monday's close. Channel checks reportedly suggest franchise comps growth may come in at 8.2% for Q2. Meanwhile, SA contributor Sean Weston says international franchise numbers "are not in the midst of an attractive trend."
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  • Jun. 7, 2013, 1:47 PM
    Today is National Donut Day, which, if not worth the trip to Krispy Kreme Doughnuts (KKD +3.2%) for a free donut, merits discussion on how KKD rates as a tempting stock pick to SA contributor Rochelle Jenks. A measured approach to store growth is helping the company to keep same stores sales strong (last 3 quarters: 5.4%, 6.8%, and 7.5%) and refine its approach to where it should open new locations. On the product side, cold beverages and ice cream concotions provide new growth channels. Buy KKD on any dip to $15-$16, advises Jenks.
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  • Jun. 5, 2013, 2:05 PM
    Retail Geeks thinks it's a worthwhile venture to track which brands are attracting the most new Facebook fans, more as a backdrop to help provide context and comparative peer data than to assume a linear relationship to sales trends. In the hunt for Facebook relevance - Amazon (AMZN), Nautica (VFC), and Fanta (KO) are three hot brands - while OfficeMax (OMX), Hanes (HBI), and Krispy Kreme Doughnuts (KKD) are barely moving the Facebook meter.
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  • May. 31, 2013, 12:57 PM
    Midday top 10 gainers: GIGA +29%. UPI +23%. OSH +22%. OVTI +19%. TELK +18%. LAS +18%. HGSH +18%. KKD +17%. CEP +14%. MGCD +13%.
    Midday top 10 Losers: MNGA -22%. UNXL -19%. PLM -13%. PANW -9%. PW -9%. ECTY -9%. ICA -9%. RSOL -9%. NGD -9%. FSM -9%.
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  • May. 31, 2013, 9:14 AM
    Premarket gainers: OVTI +21%. NBG +19%. AFFY +8%. CLSN +8%. KKD +7%. ETRM +6%. LEDS +6%. GES +5%.
    Losers: PANW -13%. PLM -12%. MHGC -7%. NMR -6%
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  • May. 31, 2013, 7:59 AM
    Krispy Kreme (KKD) execs made it quite clear during the firm's earnings call that doughnut sales are "doggone strong" but it might have been premium coffee that really set up the company for a smashing performance (I, II) in Q1. Beverage unit sales were up a solid 5% Y/Y during the period for the company, but dollar sales shot up 16% as the company pushed more higher-priced coffee drinks. KKD +12.1% premarket. (CC transcript)
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  • May. 30, 2013, 5:33 PM
    After-hours top gainers, as of 5:45 p.m.: OVTI +15.9%. KKD +9.7%. GES +8.4%. LGF +4.4%. UGI +3.9%.
    After-hours top losers: PANW -13.7%. SPLK -3.8%. GPK -3.3%. MHGC -2.9%. ESL -2.3%.
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  • May. 30, 2013, 4:29 PM
    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)
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  • May. 30, 2013, 4:13 PM
    Krispy Kreme (KKD): Q1 EPS of $0.20 beats by $0.04. Revenue of $120.6M (+11.2% Y/Y) beats by $4.63M. Shares +10.6% AH. (PR)
  • May. 30, 2013, 12:10 AM
    Notable earnings after Thursday’s close: CPRT, GES, KKD, LGF, OVTI, PANW, PLL, SPLK
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Company Description
Krispy Kreme Doughnuts Inc is a branded retailer and wholesaler of doughnuts, complementary beverages and treats and packaged sweets. The Companys shops are operated under the trademark doughnuts such as Krispy Kreme and Original Glazed.
Sector: Services
Industry: Restaurants
Country: United States