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Krispy Kreme Doughnuts, Inc. (KKD)

- NYSE
  • Wed, Mar. 11, 5:36 PM
    • Top gainers, as of 5:15 p.m.: SCLN +11.0%. ZOES +4.1%. AMRN +3.6%. MW +3.6%. MS +3.3%.
    • Top losers, as of 5:15 p.m.: ACAD -21.0%. BOX -16.2%. PQ -13.7%. KKD -7.0%. SHAK -6.1%.
    | 4 Comments
  • Wed, Mar. 11, 4:29 PM
    • Krispy Kreme (NYSE:KKD) hit double-digit revenue growth amid a store expansion phase.
    • Comparable-store sales: Domestic stores +3.6%, international stores -2.6% (ex-currency).
    • A stricter stance on promotions helped the company boost operating margins during the quarter.
    • Total store count +53 to 709 Q/Q.
    • Previously: Krispy Kreme Doughnuts EPS in-line, misses on revenue
    • KKD -5.5% after hours.
    | Comment!
  • Tue, Feb. 24, 10:53 AM
    • Restaurant stocks are out-performing market averages again as more chains report improved comparable-restaurant sales growth.
    • The read on Q1 is that pricing and traffic trends are strong, despite what some broad measures of overall consumer confidence show.
    • The $2 gas benefit is believed by analysts to have had a greater impact on restaurant spending than other areas of retail.
    • Gainers include Luby's (LUB +4.9%), Cosi (COSI +5.4%), Rave Restaurant Group (RAVE +4.5%), Texas Roadhouse (TXRH +2.4%), Krispy Kreme Dougnuts (KKD +2.8%), Popeyes Louisian Kitchen (PLKI +1.7%), Bob Evans Farms (BOBE +1.1%), Darden Restaurants (DRI +1.4%).
    • Even McDonald's (MCD +0.8%), which trailed the Q4 comp average in the sector by a wide margin, is out ahead of the S&P 500.
    • Previously: Cracker Barrel +4.1% after traffic accelerates and guidance lifted
    | 4 Comments
  • Dec. 9, 2014, 5:18 PM
    • In spite of its FQ3 miss, Krispy Kreme (NYSE:KKD) is affirming guidance for FY15 (ends Jan. '15) EPS of $0.69-$0.74, in-line with a $0.72 consensus.
    • System-wide same-store sales rose 3.7% Y/Y in FQ2, a pickup from FQ2's 2.8%. Company shops +3.3%, domestic franchisees +3.9%, international franchisees -4.1% (-2.9% exc. forex).
    • Company store revenue +10.3% to $82.6M; domestic franchise +8.2% to $3.3M; international franchise +10.4% to $6.9M. Direct operating expenses rose 9.4% Y/Y to $101.2M, above revenue growth of 7.6%.
    • Store count rose by 41 Q/Q to 925 (104 company-owned). FY15 store development will be "slightly above" prior expectations.
    • FQ3 results, PR
    | Comment!
  • Nov. 11, 2014, 5:38 PM
    | 4 Comments
  • Sep. 9, 2014, 5:36 PM
    | Comment!
  • Aug. 11, 2014, 8:38 AM
    • Wedbush Securities upgrades Krispy Kreme Doughnuts (NYSE:KKD) to an Outperform rating from Neutral.
    • The investment firm sees improved comp sales trends at the fast-food chain as it starts to lap easier compares.
    • KKD +4.2% premarket to $16.21. Shares haven't cracked the $20 level since March.
    | Comment!
  • Jun. 3, 2014, 12:46 PM
    | 2 Comments
  • Jun. 3, 2014, 9:25 AM
    | Comment!
  • Jun. 2, 2014, 5:37 PM
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  • Jun. 2, 2014, 4:19 PM
    • FQ1 operating income of $16.2M (+6.6% Y/Y)
    • Store count of 855 (+3.3%)
    • Domestic same store sales +2.3%; constant currency international same store sales -2.2%.
    • Cash provided by operating activities of $13.7M ($14.4M a year ago).
    • Management notes severe weather as same store sales in the Southeast fall 1.5%.
    • Full year adjusted EPS guidance is cut to $0.69-$0.74 from $0.73-$0.79.
    • CC at 4:30 ET
    • Previously: Krispy Kreme Doughnuts EPS in-line, misses on revenue
    • KKD -9% AH
    | 5 Comments
  • Jun. 2, 2014, 4:07 PM
    • Krispy Kreme Doughnuts (KKD): Q1 EPS of $0.23 in-line.
    • Revenue of $121.6M (+0.8% Y/Y) misses by $5.08M.
    • Shares -13.11% AH.
    • Press Release
    | Comment!
  • May. 30, 2014, 5:36 PM
    | Comment!
  • Mar. 13, 2014, 9:17 AM
    | Comment!
  • Mar. 12, 2014, 5:40 PM
    • Top gainers, as of 5:15 p.m.: FV +19.4%. CALL +16.9%. KKD +11.0%. IBCP +6.5%. WSM +6.2%.
    • Top losers, as of 5:15 p.m.: MDU -9.1%. MLNK -8.0%. MILL -5.6%. ITMN -3.5%. MUX -3.0%.
    | 4 Comments
  • Mar. 12, 2014, 4:37 PM
    • Though it missed FQ4 estimates, Krispy Kreme (KKD) is guiding for FY15 (ends Jan. '15) EPS of $0.73-$0.79 vs. a $0.76 consensus.
    • The company also forecasts a 10% FY15 store count increase (driven heavily by international franchisee openings), says it aims to "achieve modest organic same store sales growth in its Company shops." A majority of new domestic shops will leverage the company's new free-standing factory shop format.
    • Krispy Kreme is upping the size of its buyback authorization by $30M to $80M. $50M is remaining following $9.3M worth of buybacks in FQ4.
    • Same-store sales rose 1.6% Y/Y in FQ4 at company stores, down from 3.7% in FQ3. Domestic franchise same-store sales +6.2% vs. +10.7%, international franchisees -3.4% vs. -3.1%. Krispy Kreme blames the international drop on "honeymoon effects" for new store openings, and "cannibalization as markets develop."
    • Company stores revenue -9% Y/Y to $74.3M, external supply chain revenue +5% to $28.4M. Franchise revenue rose slightly to $10M.
    • Krispy Kreme plans to change its same-store sales methodology. Stores will only be counted after 18 months of operation, up from a current 13.
    • FQ4 results, PR
    | 1 Comment
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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