More on Krispy Kreme (KKD): Q3 beats across the board on an 8% gain in total revenue. Net earnings rose by 6.9% Y/Y on a like gain in same-store sales. The company also boosted its guidance, now expecting its FY13 EPS to be around $0.44 - 0.47, above Street estimates of $0.43. Shares +12.7% AH.
More on Krispy Kreme Doughnuts (KKD) Q1: Same-store sales +2.1% Y/Y. Domestic franchise revenue +11% to $2.63B. Increased customer traffic and price increases added 1.1% and 2.6%, respectively, to revenue - offset in part by promotional pricing which reduced the average guest check. Expects FY13 EPS of $0.21-$0.24. (PR)
More on Krispy Kreme's FQ4: Fueled by growing beverage sales, company and domestic franchise same-store sales respectively rose 8.3% and 7.9% Y/Y. However, international franchise same-store sales fell a currency-adjusted 9.3%. The company is reaffirming guidance for FY13 EPS of $0.35-$0.41 ($0.35 consensus). It now expects to open 75 international franchises in FY13, up from a prior 60. KKD +5.2% AH. (PR)
Hope128+ FollowFollowing- Unfollow|Send Message18 Jun
: It has been hovering around $16 since the ER, some strong support at $16, but it doesn't look like it will go higher soon.
Jun 18, 1:33 PM
det9+ FollowFollowing- Unfollow|Send Message18 Jun
Jun 18, 1:42 PM
KKD vs. ETF Alternatives
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.