Tag Archives: Krispy Kreme Doughnuts

Business, Finance, Occupation & Industry

Why Krispy Kreme Doughnuts Shares Were Glazed, Temporarily

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By Sean Williams, The Motley Fool

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Although we don’t believe in timing the market or panicking over market movements, we do like to keep an eye on big changes — just in case they’re material to our investing thesis.

What: Shares of Krispy Kreme Doughnuts , donut maker extraordinaire, shed as much as 10% after reporting its fourth-quarter earnings results. However, shares have retraced much of their losses and are down less than 4% as of this writing.

So what: For the quarter, Krispy Kreme reported a robust 16% increase in revenue, to $118.1 million over the year-ago period, as adjusted net income soared 85%, to $0.11 per share. Wall Street had also been expecting $0.11 in EPS, but was looking for only $116.5 million in revenue. Most importantly, same-store sales growth of 7.5% shows continued emphasis on driving traffic and higher ticket sales. Looking ahead, Krispy Kreme forecast full-year 2014 EPS of $0.53-$0.57, which is noticeably higher than the $0.52 the Street expected, but not nearly high enough for investors who had bet on a fatter figure.

Now what: All told, this was an exceptionally good report from Krispy Kreme, and it probably didn’t deserve the 10% lashing it took earlier in the session. I’m not a huge fan of the run its share price has had, and feel that investors may have become a bit exuberant with its outlook; however, Krispy Kreme‘s management continues to rely on menu innovation, signature coffee blends, and expansion into emerging markets as its keys to growing the business. From a bystander’s viewpoint, this was a solid quarter.

Craving more input? Start by adding Krispy Kreme Doughnuts to your free and personalized Watchlist so you can keep up on the latest news with the company.

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The article Why Krispy Kreme Doughnuts Shares Were Glazed, Temporarily originally appeared on Fool.com.

Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.
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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Krispy Kreme Doughnuts Misses Where it Counts

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By Seth Jayson, The Motley Fool

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Krispy Kreme Doughnuts (NYS: KKD) reported earnings on March 14. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended Feb. 3 (Q4), Krispy Kreme Doughnuts beat slightly on revenues and missed estimates on earnings per share.

Compared to the prior-year quarter, revenue expanded significantly. GAAP earnings per share dropped significantly.

Gross margins expanded, operating margins expanded, net margins dropped.

Revenue details
 Krispy Kreme Doughnuts chalked up revenue of $118.1 million. The eight analysts polled by S&P Capital IQ predicted revenue of $116.5 million on the same basis. GAAP reported sales were 16% higher than the prior-year quarter’s $102.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.07. The seven earnings estimates compiled by S&P Capital IQ forecast $0.08 per share. GAAP EPS of $0.07 for Q4 were 97% lower than the prior-year quarter’s $2.01 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 16.8%, 300 basis points better than the prior-year quarter. Operating margin was 7.2%, 190 basis points better than the prior-year quarter. Net margin was 4.0%, much worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter’s average estimate for revenue is $118.5 million. On the bottom line, the average EPS estimate is $0.11.

Next year’s average estimate for revenue is $468.8 million. The average EPS estimate is $0.40.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 458 members out of 834 rating the stock outperform, and 376 members rating it underperform. Among 220 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 128 give Krispy Kreme Doughnuts a green thumbs-up, and 92 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Krispy Kreme Doughnuts is outperform, with an average price target of $12.50.

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The article Krispy Kreme Doughnuts Misses Where it Counts originally appeared on Fool.com.


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Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Dow May Open Higher as S&P 500 Nears 2007 High

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By Roland Head, The Motley Fool

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LONDON — After closing at a record high for the last nine days, can the Dow extend the streak to 10? Stock index futures at 7 a.m. EDT indicate that the Dow Jones Industrial Average may open up by 0.12% this morning, while the S&P 500 may open 0.16% higher, bringing it to within 20 points of its October 2007 intraday high of 1,576.09.

Yesterday’s five-point closing gain for the Dow Jones may suggest that the bull run is slowing, but today’s economic data could provide a further boost if it comes in ahead of expectations. At 8:30 a.m. EDT, the latest weekly jobless-claims figures are due, with consensus forecasts suggesting 350,000 new claims from March 3 to March 9, up slightly from 340,000 the previous week. Also due at 8:30 a.m. EDT is February’s producer price index, which is expected to show a rise of 0.8%, up from 0.2% in January.

In corporate news, companies expected to report earnings before markets open include AAON, Diana Shipping, Dynegy, and Ebix, while Krispy Kreme Doughnuts, and Molycorp are expected to report results after the closing bell tonight.

Stocks that may be actively traded include Blackberry after the company reported that it had received a 1 million-unit order for its Blackberry 10 phone from an unnamed partner. Blackberry stock was up 2.6% in premarket trading. Meanwhile, Apple may also be in focus as competitor Samsung launches its latest Galaxy smartphone in New York later today. Finally, E*TRADE may sink after a major shareholder said it planned to sell its entire stake in the company, whose stock was down 4.6% in premarket trading.

European markets
Markets edged higher in Europe this morning as investors welcomed the growing strength of the U.S. recovery and were encouraged by a draft statement from today’s EU leaders’ summit, which indicated that they may consider extending deficit-reduction deadlines for countries including Spain, Portugal, and France.

At 7:40 a.m. EDT, the DAX was up 0.69%, the CAC 40 was up 0.62%, the FTSE MIB was up 1.36%, and the IBEX 35 was up 1%. In London, the FTSE 100 was 0.33% higher, helped by a 6.2% gain for temporary-power specialist Aggreko, which announced a 122 MW new contract to supply power to Mozambique and Namibia as part of the cross-border Southern Africa Power Pool project. Wm. Morrison Supermarkets was also higher after announcing that it will move into online retailing in 2014 through a joint venture with online-only supermarket Ocado.

If you’re looking for shares that can outperform the wider market, you need to look beyond the news headlines. This free Motley Fool report, “The Top Growth Share For 2013,” highlights a share that gained 38% in 2012, during which time the wider market rose just 6%. The company is a household name, and its earnings per share have risen by 44% since 2009 — so click here now to download your free copy of …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Will These Numbers from Krispy Kreme Doughnuts Be Good Enough for You?

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By Seth Jayson, The Motley Fool

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Krispy Kreme Doughnuts (NYS: KKD) is expected to report Q4 earnings on March 14. Here’s what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Krispy Kreme Doughnuts‘s revenues will increase 14.2% and EPS will shrink -96.0%.

The average estimate for revenue is $116.5 million. On the bottom line, the average EPS estimate is $0.08.

Revenue details
 Last quarter, Krispy Kreme Doughnuts logged revenue of $107.1 million. GAAP reported sales were 8.5% higher than the prior-year quarter’s $98.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, EPS came in at $0.07. GAAP EPS of $0.07 were the same as the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 15.8%, 280 basis points better than the prior-year quarter. Operating margin was 8.8%, 300 basis points better than the prior-year quarter. Net margin was 4.7%, 10 basis points worse than the prior-year quarter.

Looking ahead

The full year’s average estimate for revenue is $434.1 million. The average EPS estimate is $0.30.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 452 members out of 827 rating the stock outperform, and 375 members rating it underperform. Among 221 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 127 give Krispy Kreme Doughnuts a green thumbs-up, and 94 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Krispy Kreme Doughnuts is outperform, with an average price target of $9.75.

With hundreds of companies out there vying with Krispy Kreme Doughnuts for shoppers’ dollars, strong brands matter, and they can provide growth for even boring, mature companies — as long as they’re the right ones. That’s why we’ve compiled a special report on “3 American Companies Set to Dominate the World.” Click here for instant access to this free report.

The article Will These Numbers from Krispy Kreme Doughnuts Be Good Enough for You? originally appeared on Fool.com.


Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by …read more
Source: FULL ARTICLE at DailyFinance