Krispy Kreme Doughnuts (KKD) Misses Q2 EPS by 4c
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Krispy Kreme Reports Financial Results for the Second Quarter of Fiscal 2016
September 9, 2015 4:05 PM EDTWINSTON-SALEM, N.C.--(BUSINESS WIRE)-- Krispy Kreme Doughnuts, Inc. (NYSE: KKD) (the Company) today reported financial results for the second quarter of fiscal 2016, ended August 2, 2015. The Company also updated its adjusted EPS outlook for fiscal 2016 and announced that its Board of Directors increased the Companys current share repurchase authorization.
Second Quarter Fiscal 2016 Highlights Compared to the Year-Ago Period:
Revenues increased 5.7% to $127.3 million from $120.5 million. Systemwide domestic same store sales rose 5.5%, including a 2.3% gain at Company Stores; constant currency international franchise same store sales declined 2.7%.... More