* Cuts 2015 profit outlook to $0.69-$0.74 per share from $0.73-$0.79
June 2 (Reuters) - Krispy Kreme Doughnuts Inc cut its adjusted earnings forecast for the full year as it expects a rise in costs related to technology upgrades and management changes, sending its shares down 9 percent in extended trading.
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 1 comment!
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 Post your comment!
related to Stiller’s outstanding loans and the plunge in GMCR shares, the executive sold his stake in Krispy Kreme Doughnuts (NYSE: KKD ) for around $50 million on May 7. Despite the controversy, and Green Mountain’s sagging fortunes
(Reuters) - Green Mountain Coffee Roasters Inc's former chairman Robert Stiller sold his stake in Krispy Kreme Doughnuts Inc on Monday, a regulatory filing showed.
(Reuters) - Krispy Kreme Doughnuts Inc forecast full-year profit largely above analysts' expectations, saying it will continue to cut back on its consumption of some key ingredients to combat rising...
beverage producers. Assets include some restaurateurs, however, including Starbucks SBUX, Papa John's PZZA, Krispy Kreme KKD , and Jack in the Box JACK. PBJ holds several beverage producers as well. Another option is the thinly traded UBS
(Reuters) - Krispy Kreme Doughnuts Inc's shares rose 13 percent on Friday, a day after the company posted a higher second-quarter profit on strong domestic demand for its doughnuts and sweet treats.
(Reuters) - Krispy Kreme Doughnuts Inc reported its highest quarterly profit in more than seven years, beating analysts' estimates, and the company sounded positive about meeting the upper limit of...