Krispy Kreme Doughnuts (KKD) Tops Q1 EPS by 2c; Boosts FY16 EPS Midpoint Guidance

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Krispy Kreme Reports Financial Results for the First Quarter of Fiscal 2016

June 10, 2015 4:15 PM EDT

WINSTON-SALEM, N.C.--(BUSINESS WIRE)-- Krispy Kreme Doughnuts, Inc. (NYSE: KKD) (the Company) today reported financial results for the first quarter of fiscal 2016, ended May 3, 2015 and updated its adjusted EPS outlook for fiscal 2016 (ending January 31, 2016) to a range of $0.80 to $0.85.

First Quarter Fiscal 2016 Highlights Compared to the Year-Ago Period:

Systemwide store count rose 17.3% since the first quarter of last year to 1,003 Company and franchise shops worldwide Systemwide domestic same store sales rose 5.2%, including a 4.3% gain at Company Stores; constant currency international franchise same store sales declined 1.7%... More