Krispy Kreme Reports Financial Results for the Third Quarter of Fiscal 2016
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Krispy Kreme (KKD) PT Trimmed to $24 at Roth Capital Post Q3; Buy Maintained on Strength in Store Margins
December 9, 2015 8:08 AM ESTRoth Capital maintained a Buy rating on Krispy Kreme (NYSE: KKD), and cut the price target to $24.00 (from $27.00), following the company's 3Q earnings report. Company store-level profit margin improved 260 bps to 15.4%, despite no improvement in the CPG business, which accounts for approximately half of... More
Krispy Kreme Doughnuts (KKD) Reports In-Line Q3 EPS; Updates FY16 Outlook
December 8, 2015 4:17 PM ESTKrispy Kreme Doughnuts (NYSE: KKD) reported Q3 EPS of $0.19, in-line with the analyst estimate of $0.19. Revenue for the quarter came in at $128.5 million versus the consensus estimate of $133.47 million.
Systemwide domestic same store sales rose 3.4%, including a 2.8% gain at Company Stores; constant currency international... More
