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(KKD, GBLHF, DNKN, ROVI, FIRE) Notable Stocks by StockHotTips.com

December 1st, 2011 at 06:27 pm










Krispy Kreme Doughnuts, Inc. (NYSE:KKD) is a leading branded specialty retailer and wholesaler of premium quality sweet treats and complementary products, including its signature Original GlazedĀ® doughnut. Headquartered in Winston-Salem, NC, Krispy Kreme has offered the highest quality doughnuts and great tasting coffee since it was founded in 1937.



Krispy Kreme yesterday reported financial results for the third quarter of fiscal 2012, ended October 30, 2011. The Company also raised its outlook for fiscal 2012 and provided preliminary guidance for fiscal 2013. Third Quarter Fiscal 2012 Highlights Compared to the Year-Ago Period include the following. Revenues increased 9.4% to $98.7 million from $90.2 million. Company same store sales rose 4.0%, the twelfth consecutive quarterly increase. Operating income rose 36.2% to $5.6 million from $4.1 million. Net income was $4.7 million ($0.07 per share diluted) compared to $2.4 million ($0.03 per share diluted) in the third quarter last year. Cash provided by operating activities was $10.2 million compared to $7.4 million in the third quarter last year.



Read the full article at: stockhottips.com/?p=19728



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